Filer Non Filer Tax Rates Unveiled: Big Tax Rebates for Filers

No one is willing to pay the elevated tax rates. With beingfiler, stop worrying about paying higher tax rates. Beingfiler is serving the people to get rid of higher tax rates as non filers and helping them to become registered tax filers. Just forget about fulfilling the lengthy requirements and paperwork to become a registered tax filer. You just need to call or email and let us efficiently and professionally complete the rest of the task to make you active on the FBR Active Tax Filer List and enjoy the benefits of lower tax rates as a filer.
Advantages of a Tax Filer over a Non Filer
For the sake of understanding of a common man, a person who files his tax returns for the tax year to FBR is recognized as a filer and the person who doesn’t do that is called a non filer. A filer appears as an active taxpayer on FBR’s ATL.
The status of a filer can be checked by its CNIC or NTN on the FBR portal. As FBR has imposed different rates of taxes on the filers and non filers, and often non filer pays at least 2 times of the tax being charged to registered taxpayers of filer like buying an immovable property like a plot or house or purchasing a motor vehicle. For example, buying a property of Rs.10M will cost a tax of Rs.200,000 to the filer while Rs.700,000 to non filer.


Similarly, the filer can take benefit of tax adjustments for the immovable property and vehicle purchase transactions already conducted in the tax year. The tax exempted non-residents can also take advantage of tax adjustments being a filer. The said facility is not available to non filers.
Filer Vs Non Filer Tax Rates 2023-24
In the budget for the financial year 2023-24, the Federal Board of Revenue (FBR) has announced the new tax rate for filer and non filer. These rates are detailed as under:
Type of the Tax | Tax Rates for Filers | Tax Rates for Non Filers |
Prize money on Prize Bonds | 15% | 30% |
Profit on Debt/Savings Accounts | 15% | 30% |
Rent Income (Depending upon Rent Value) | 5-15% | 10-15% |
Bonus Shares | 10% | 20% |
Leasing of Motor Vehicle | 0% | 12% |
Registration of Motor Vehicle (Depending on Engine Capacity) | PKR10,000 to 0.5Million | PKR30,000 to 1.5M |
Token Tax on Motor Vehicles (Depending on Engine Capacity) | PKR800 to 10,000 | PKR1,600 to 20,000 |
Commission Income | 12% | 24% |
Banking Transactions | 0% | 0.6% |
International Transaction through Credit Cards | 2% | 10% |
Property Transactions | 2% | 7% |
Rendering Specific Services | 3% | 6% |
Rendering General Services | 7% | 14% |
Consumers with Monthly Electricity Bills above PKR25,000 | 0% | 7.5% |
Filing Tax Returns, being a filer is a civic responsibility
Filing tax returns is the primary obligation of every citizen. By filing your return, you are not only discharging your obligation but also playing the role of improving a documented economy and contributing to the prosperity and stability of the country. Being a tax filer, you can simply avoid the high tax rates and enjoy the benefits as a filer and avoid FBR tax notices, legal inquiries, and action by law enforcement agencies.
Be a filer today with beingfiler.com
Being a filer is just a call or email away, contact us, and we shall help you become a filer and enjoy the benefits of a lower tax rate. Trust and be comfortable with befiler.com.
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Conclusion
You will get so many advantages of tax filing through Beingfiler. As elaborated above in detail, there are substantial differences in tax rates for filers and non-filers. The taxation services offered by Beingfiler help in the transition from non-filer to filer status, enabling individuals to enjoy lower tax rates and associated benefits. We encourage readers to view tax filing as a civic duty, contributing to a documented economy, and avoiding legal repercussions. Overall, we suggest that becoming a tax filer through Beingfiler is a straightforward and beneficial step toward financial well-being.