Decent Associates is a firm with experts of tax with friendly interface that asks to the point question and makes the tax filing process easier in Pakistan. You have to provide data may be in hard copies or soft copies through our whatsapp number or email as we required for filing your Income Tax Return like your salary income, taxes paid and investments made in Shares, Property, Insurance, and Saving Schemes etc. Based on your responses, our system works out everything and shows your final tax refund / obligation, as applicable, after adjustment of taxes already paid or withheld.

We have complete checks and balances for required data to ensure that we have gathered every piece of information required to submit your tax return and notify you if something doesn't add up.

Once you provided all the related data and completed the process, you can be relaxed because we are responsible for you return after getting data. Our integrated system will proceed to file your return of income, under supervision of tax experts. You will be notified once the process is completed.

We are here to learn/educate the peoples of Pakistan who comes to us file their Income Tax Return and let them know where their money is going.

The Consultants who are filing Income Tax Return without involvement of their clients / taxpayer always submitting your return with incomplete information and you never have any control over them and you may be unable to know the fact what happened to you.

Once you contacted for filing income tax return using Decent Associates, you will learn to save your finance and taxes. Decent Associates follows a step-by-step process for filing your returns after receiving you complete required data for filing your return with correct information. Decent Associates help you to get tax credits and other relief of from FBR while filing income tax return.

Following information required completing the process filing income tax return and it mainly depends on the sources of your income and type of your financial transactions:

• Salary Certificate / Tax Certificate provided by your employer.
• Bank Statement with certificate of tax deduction over profit paid during the year in case of PLS Saving Account
• Personal utility bills for expenses incurred and mobile tax certificate for advance tax paid in advance (Tax is applicable on prepaid and postpaid number and DSL connections too).
• Certificate of capital gains and tax thereon, issued by NCCPL against your stock trading activities, if any.
• Statement of investment in mutual funds, if any.
• In case of air travel in business class, copy of air ticket / invoice indicating the amount of tax deducted.
• Tax deduction on education fees in case of non-filer (Means new taxpayer) by the where you child having fees more than Rs. 200,000/- per year.
• In case of any vehicle purchased during the year, copy of the Invoice issued by the Manufacturer and copy of registration invoice on which tax is mentioned by registration authority.
• Property documents for any transactions (purchase or sale) during the year.
• Detail of amount deposited in National Saving Center and profit received with tax deduction on that profit.
• Detail of Insurance Policies with copy of main page as confirmation of date of issue.
• Detail of Assets purchased during the year other than Vehicle and property

Yes are required to file your income tax return because your employer might have deducted the applicable tax on your salary, however, you still need to file your tax return to avoid penal consequences of non-filing and / or paying extra taxes on various transactions levied on non-filers.

Every citizen of Pakistan having taxable income is liable to file his/her income tax return under Law as prescribed in Section 114 of Income Tax Ordinance 2001.

There are so many benefits of being filer; we are describing some of them as under,

• At the time of purchase of immovable property including house, flats or plots, 2% tax is payable by Filer appearing on Active Taxpayer List of FBR, whereas 7% tax is payable on the purchase of property by inactive taxpayers/ Non-Filers.

• Tax payable on Prize bond winnings by Filer 15% whilst 30% tax is payable by Non-Filer.

• Tax payable by filer on profit of Bank/National Saving Center etc by Filer is 15% while non-filer has to pay 30% tax upon such profit/yield received from bank.
• Tax on purchase of vehicle for non-filer is 200% more than the filer.
• 5% tax payable by Filer on import of Raw Material as compare to 11% payable by an inactive taxpayer/Non-Filer.
• Filer is required to pay 15% tax on Dividend income as compare to 30% payable by Non-Filer
• Filer on Commercial import is required to pay 6% tax at stage of custom clearance compared to double the amount of tax (12%) payable by Non-Filer.
• 10% tax is required to be paid by Filer on sale by auction whereas 20% tax is payable by inactive taxpayer/ Non-Filer.
• 5% tax is payable by Filer on commercial supply of Goods as compared to 9% tax payable by Non-Filers.
• 10% tax shall be withheld on the provision/sale of services by the person appearing on Active Taxpayer List whereas 20% tax shall be withheld from inactive taxpayers.
• 15% tax is required to be withheld on the execution of contracts by Non-Filers as compared to 7.5% tax payable by Filer.
• 12% tax is chargeable on commission of Filer and 24% tax is payable by Non-Filer/In-Active Taxpayer.

A non-filer is also subject to higher withholding tax rates including on bank transfers, motor vehicle taxes, capital gains, dividend income, etc.

Wealth statement means statement of Assets and Liabilities required to be filed by every person having national tax number. In this statement you have to mention the details of all the assets that are in your name or your dependents like your wife and children. Some of the common examples of assets are properties, vehicles, jewelry, cash at bank and saving certificates etc. You are also required to provide details of your personal expenses as part of your wealth statement e.g. rent, Travelling, utility charges, education and other household expenses.

Even if you do not have any assets and liabilities, being a resident individual, you are required to file Wealth Statement showing movement of assets from the beginning of the year on July 1 till end of year on June 30 and reconcile the income earned with expenses incurred during the year.

If you fail to file your tax return then you could be fined with a minimum penalty of Rs 40,000.

Decent Associates is backed by leading tax professionals, so you can be sure of receiving best guidance from these tax professionals. We are away from you just for one call or email:

Phone: +92 (022) 3413136
Cell / WhatsApp: +92 0300-2564045

(11:00 a.m. to 7:00 p.m. Monday to Friday)

Email: contact@decentssociates.com

Yes! Your tax information is secured because we are using top security standards and transmitting date through secure computer network to ensure the security and confidentiality of your data.