The Federal Board of Revenue (FBR) has announced a major relief for overseas Pakistanis who are not registered tax filers. According to the new policy, non-filing overseas Pakistanis can now enjoy the same tax rates as “filers” when buying or selling immovable property in Pakistan.
FBR clarified that the advance income tax under Sections 236C and 236K will be charged at the filer rate, even if an overseas Pakistani is not a tax return filer. This decision aims to simplify the process for non-resident Pakistanis and encourage property investment in the country.
To qualify for this benefit, overseas Pakistanis must meet two conditions:
- They must hold a Pakistan Origin Card (POC) or a National Identity Card for Overseas Pakistanis (NICOP).
- They must be non-residents, meaning they have spent less than 183 days in Pakistan during a financial year.
FBR explained the step-by-step procedure for availing the filer rate. When purchasing or selling property, the concerned authority—such as a registrar or housing society—must visit the FBR web portal and select the “Overseas Pakistanis” option. A Payment Slip ID (PSID) will be generated after entering the POC or NICOP number.
The system will automatically fetch personal details like name and address. A scanned copy of the POC or NICOP and documents confirming non-resident status must also be uploaded.
Once submitted, the PSID will be sent to the concerned Commissioner through the FBR’s IRIS system. After verifying the documents, the Commissioner will approve the request and notify the applicant via email and SMS. The system will then allow tax payment at the filer rate.
FBR stated that this move will make it easier for overseas Pakistanis to invest in real estate while avoiding the higher tax burden applied to local non-filers.The Federal Board of Revenue (FBR) has eased property transactions for overseas Pakistanis by allowing them to pay filer tax rates, even if they are non-filers. In a separate move to expand the tax net, FBR Applies 15% GST on Marriage Halls, Hotels, Clubs, and Farmhouses in Islamabad to boost revenue from the services sector.
