Where Purchase Invoices are Managed in IRIS IRIS’s Invoice Management module allows you to record and maintain purchase invoice information throughout the financial year, for both STWH withholding and non-withholding purchase invoices, either from registered or unregistered sellers. You don’t need to have an open Sales Tax return in order to add a purchase invoice … Read more
Where Sales Tax Return Filing Happens in IRIS Sales Tax registered taxpayers file their monthly Sales Tax and Federal Excise Return directly through IRIS. Go to the “Declaration” option from the IRIS mega menu, and click “26(1) (Sales Tax and Federal Excise Return filed voluntarily).” This replaces the year-wise sales tax return option in the … Read more
Frequently Asked Questions About The New IRIS Income Tax Return The frequently asked questions below are based on the commonly asked questions of taxpayers about the newly launched modular Income Tax Return, organized by section. If you are new to the new IRIS interface, please check out our step-by-step guide to filing your income tax … Read more
When You Need a Revised Return A Revised Return is used to correct or update a return that has been submitted already. This is separate to your Voluntary Return, which is your initial return for a tax period that you are filing for the first time. If you notice an error after submitting your return … Read more
Reporting Rental Property Income in the New IRIS Return If you have rental income from residential, commercial, or other property, this amount should be reported in the Property section of the return – make sure to select the income source on the Return Prerequisites screen if not already done. For the 2025 tax year onwards, … Read more
The Pakistan Software Export Board (PSEB), under the Ministry of IT and Telecommunication, is the body IT and IT-enabled services (ITeS) exporters register with to access tax benefits, remittance facilitation, and official recognition as a Pakistani software exporter. If you invoice clients abroad for software development, freelancing, or call center/BPO work, PSEB registration is usually … Read more
If you need a tax deduction certificate for Jazz for your income tax return, a withholding tax adjustment, or personal records, here is a brief guide on how to obtain one. Why You Might Need a Jazz Tax Certificate The government of Pakistan levies advance tax on telecom bills, under the Income Tax Ordinance. For … Read more
The Active Taxpayers List (ATL) is FBR’s register of current filers: only those taxpayers on the ATL are entitled to the lower withholding tax rates, rather than those with an NTN and/or a tax return filed at some point in the past. This is how taxpayers can determine if they’re on the current ATL: Check … Read more
Professional tax in Pakistan is a provincial tax levied on persons carrying on a profession, trade, calling, or employment, in addition to income tax, and is collected by the province not by FBR. It is applicable on doctors, lawyers, consultants, and small trade businesses. Professional Tax Overview As per the Professional Tax Acts of the … Read more
If you need a tax certificate for your income tax return, a withholding tax adjustment, or simply to keep your own records up to date, here’s how to get one. When Would You Need a Tax Certificate from Ufone? As any other Pakistani telecom operator, Ufone withholds advance tax from your bill in accordance with … Read more
