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Lahore Rea lEstate ,

(113398)
Thursday, April 12, 2018 12:59 PM 

I am an overseas Pakistani. I am living in UAE since past 15 years . All my income is from my salary here in UAE. I have property in Pakistan and here in UAE also. Do i need to declare my assets in Pakistan. Do i have to pay taxes to Pak govt. ? Do i need to become a filer ? if so what is the procedure without going to Pakistan, can i become a filer ?

Irfan UAE® replied on Thursday, April 12, 2018 01:04 PM 

Someone having knowledge about the questions I have asked, please reply soon. So that if i can benefit from this amnesty scheme i should plan my visit before the end of scheme, as i have never declared my assets to the Pak Govt.

chouhdry replied on Thursday, April 12, 2018 02:48 PM 

Brother, you earned halal money in UAE and bought property in pakistan. That Scheme is only good for those people who earned black money in pakistan and bought property in pakistan and aboard.

Tahir replied on Thursday, April 12, 2018 04:30 PM 

Two gentlemen are seeking clarification, therefore some 'knowledgeable' should help answer their questions please. Its not halal vs haram, dear Chaudhry sahib!

CMY replied on Thursday, April 12, 2018 11:41 PM 

Yes file return with Zero income from Pakistan

true man replied on Friday, April 13, 2018 02:40 AM 

You are non-resident pakistani so you dont need to file the return unless you live in pakistan for more than 183 days.

Hm replied on Friday, April 13, 2018 06:03 AM 

You can check details at fbr website but in summary:

ISLAMABAD: Federal Board of Revenue (FBR) has issued list of persons/companies required to file their annul tax returns.
In an attention to taxpayers regarding filing of income tax returns for tax year 2017, the FBR on Thursday said that the following categories of taxpayers are required to file their returns by September 30:
— Business income is more than Rs300,000
— Income (other than business) is in excess of Rs40,000
— A person has immovable property of 250 square yards or more or any sized flat in Cantonment/Municipal/Islamabad Capital Territory Limit.
— Companies with financial closing before December 31, 2016.
— A person is charged to tax in tax years 2015 and 2016.
— If a person has land over 500 square yards (outside cantonment/municipal/Islamabad Capital Territory Limits)
— A person has a flat of 2000 square feet area
— A person is owner of vehicle over 1000CC.

ahmed khan replied on Monday, April 16, 2018 08:37 AM 

Dear brother,
please have it checked if you have bought plot from the money transferred through baking channels OR not
regarsa
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