Last Updated on: 29th June 2023, 11:18 am
How To Get National Tax Number in Pakistan?
The National Tax Number (NTN) entitles you to many benefits. Here we explain how you can register with NTN.
In order to be a registered taxpayer, it is mandatory to have a National Tax Identification Number (NTN) from the Federal Revenue Agency in order to conduct taxable business. The National Tax Number (NTN) can be requested for federal income tax, sales tax, and excise tax purposes.
This NTN can also be used for importing and exporting goods. Learn how to get an NTN number now!
Whether you are an employee or own a business, you can easily register by visiting the Federal Board of Revenue (FBR) portal.
Your CNIC ID Card Number will be registered with the FBR as an NTN, after which you can easily file your tax return.
Who Needs NTN?
Wondering if you probably have an NTN number. Here we have the details that clarify who should have NTN.
- If your income falls within the taxable income category, you must receive NTN from FBR.
- If your income is 6 lacs per year, you are subject to income tax.
- To file tax returns, you need NTN.
Documents Required
First, make a note of the documents employees will need to register with NTN:
Necessary Documents For Salaried Individual
- Copy of the current CNIC ID Card
- Copy of the house’s recently paid utility bill (no older than 3 months)
- Last payslip
- Contact numbers (mobile and landline) and valid email address
- Employer’s National Tax Identification Number (NTN), office address and valid email address
Documents Required For NTN Companies
If you are a company, the documents you will need for NTN are listed below:
- Copy of the current CNIC ID Card.
- Copy of recently paid utility bill from the business location.
- Blank business letterhead.
- Title Documents or Rental Agreement (Printed rental agreement on stamped paper, Rs. 200/-).
- Contact numbers (mobile and landline) and valid email addresses.
- Kind of Store.
If you plan to receive NTN, you must create an account on the Federal Board of Revenue website to do so. Although there is also an offline process, here is a guide based on the online process for obtaining the National Tax Number (NTN).
Also Read: How To Check NTN Number From CNIC Online 2023?
How To Register?
- Go to the FBR IRIS portal and click on “Registration” for the unregistered person.
- Fill in all the details in the form and click the Submit button.
- Login to your account and complete the 181 application form.
- Enter all your personal information, income, and assets and you will have NTN within a few hours.
It is important to know that you have to pay taxes if you earn income in Pakistan. You must have your NTN number with you in order to successfully remit the tax.
Are you responsible for Income Tax, Property Tax, or Sales Tax in Pakistan? Then make sure you have a National Tax Identification Number (NTN). A taxpayer also has certain advantages, such as paying less tax on the vehicle made.
However, if you don’t apply, you’ll have to pay a higher rate of tax on bank transactions, real estate transactions, and vehicle registrations. To be more careful, it’s better to become a taxpayer so that you don’t have to pay more taxes for various things.
Also Read: The iPhone 15 Pro And Pro Max Will Only Reach A Few Lucky Buyers At Launch