As per Lawkidunya, Taxpayer Registration basics are below
E-Enrolment with FBR provides you with a National Tax Number (NTN) or Registration Number and password. In case of individuals, 13 digits Computerised National Identity Card (CNIC) will be used as NTN or Registration Number.
What is the Main Purpose of NTN
As per Lawkidunya and Federal Board of Revenue, taxpayer registration means, obtaining National Tax Number (NTN) from the Federal Board of Revenue (FBR) for making taxable transactions. National Tax Number (NTN) can be obtained for Income Tax, Sales Tax and Federal Excise purposes. This NTN can also be used for Import and Export of goods.
What is the Benefit of NTN Number
As per Lawkidunya, the NTN National Tax Number is obtained for the purpose of complying with Income Tax, Sales Tax, and Federal Excise. It is also used in the process of Imports and Exports of goods. For individuals, their CNIC number is now considered as their NTN number.
Who is Eligible for NTN National Tax Number
As per Lawkidunya, here below we have got the complete details that will clarify who needs to have NTN.
If your income falls within the bracket of taxable income then you have to get NTN from FBR.
If your income is 6 lacs per year then you are liable to pay the income tax.
To file the tax returns you need NTN.
What is the Difference Between NTN and Filer
As per Lawkidunya, first of all we let and explain the difference between tax filer and non-filer to answer this question.
A tax filer is a person who is registered with the Federal Board of Revenue and has filed income tax returns already with them.
On the contrary, a non-filer is a person who has not filed his income tax returns with FBR.
Is CNIC Your NTN Number
In case of individuals, 13 digits Computerized National Identity Card (CNIC) will be used as NTN or Registration Number.
Why Do We Need NTN in Pakistan
As per Lawkidunya, National Tax Number NTN or Registration Number for Association of Person AOP and Company is the 7 digits NTN received after e-enrollment.
These credentials allow access to Iris portal, the online Income Tax system, which is only way through which online Income Tax Return can be filed.
How Do I Apply for NTN
Go to https://e.fbr.gov.pk to begin the online process.
Select new e-registration from the dropdown of “e-Registration” to begin a new registration application.
Select the application type (New Registration, Change in Particulars’ ST FED Registration, Duplicate Certificate).
What is NTN For Sole Proprietorship
National Tax Number (NTN) registration in Pakistan
To obtain your National Tax Number (NTN), you must create an account on the Federal Board of Revenue website. (There is also the possibility of offline registration.) On the website, choose the registration for unregistered persons and fill in the required information.
What is the Benefit of Tax Filer in Pakistan
As per Lawkidunya, being on the Active Tax Payer List ATL gives you certain benefits:
Lower rates of tax deduction at source by banks on both profits and cash withdrawals.
Reduction on withholding tax (tax already deducted from your income and gains) when registering and transferring motor vehicles. Lower rate of tax on buying and selling of property.
What is NTN Number For Individuals
In case of individuals, 13 digits Computerized National Identity Card (CNIC) number will be used as NTN or Registration Number.
How Do You Check If I have NTN
Check Active Taxpayer status of AOP and Company by SMS through the following procedure: Type “ATL (space) 7 digits National Tax Number (NTN)” and send to 9966.
How Can I Get NTN Number in Salary
As per Lawkidunya, here below the documents required for Salaried Person’s NTN Registration
Copy of valid CNIC.
Copy of recently paid electricity bill of the house.
Latest payslip.
Contact Numbers (Mobile & Landline) and valid Email address.
National Tax Number (NTN) of Employer, Office Address, and valid Email address.
Who is Eligible For Filer in Pakistan
Evidence of Tenancy/Ownership of business premises, if you own a business. Paid utility bill of business premises not older than 3 months, if you own a business.
How Can I Get My NTN Certificate Online
Open the website of FBR https://e.fbr.gov.pk/ Click on the tab “Search Taxpayers“ Click on the tab “NTN Inquiry“ To Check Taxpayer Profile Inquiry, click on the “Taxpayer Profile Inquiry” option from the left sidebar.
How Much Does NTN Certificate Cost
As per Lawkidunya, you can get NTN registration free of charge there are no charges for registration.
National Tax Number can be used for Income Tax, Sales Tax, and Federal Excise purposes and it can also be used for Import and Export of goods.
Does NTN Verify Income
As per Lawkidunya, because many employers now decline to verify salary, NTN suggests that current employment and salary be verified via current paystubs, which can be requested from the applicant by the landlord and/or real estate agent.
What is National Tax Number NTN Number Example
As per Lawkidunya, National Tax Number, commonly known as NTN is a unique ID issued by Federal Board of Revenue (FBR) – the apex tax regulatory authority in Pakistan, to verify the registration of business. Individuals and organisations that are liable to pay income tax must have a National Tax Number (NTN).
