How to Pay less Tax

#sarmaayaexplain #taxsavings
If you're wondering about "How to pay less tax?", Laeeq Ahmed - CEO of Sarmaaya Financials offers a handy guide on how to reduce your tax burden by becoming an active tax payer. In this episode of Sarmaaya Explain series, you can learn about direct and indirect taxes, how to become a filer and avoid penalties. Moreover, potentially secure your future with tax-advantaged retirement savings options.
Visit IRIS, the official tax portal of the Federal Board of Revenue (FBR): iris.fbr.gov.pk/login
Check your tax status on IRIS: e.fbr.gov.pk/esbn/Verification#
Timestamp
00:00 Introduction
00:50 Direct and indirect tax in Pakistan
2:10 Benefits of an active tax payer with the Federal Board of Revenue (FBR)
7:38 How to check if you're an active tax payer with FBR
8:31 Become a filer with FBR and learn how to pay less tax
9:49 Adjustable and non-adjustable taxes
11:35 Penalties for non-filers in Pakistan
12:54 Do we pay enough taxes?
15:42 Tax slab for salaried individuals in Pakistan
18:01 Benefits of Pension Fund investment
20:00 How to save up on tax as a freelancer in Pakistan
23:41 Big savings for filers await
26:30 Outro

Пікірлер: 141

  • @Sarmaayapk
    @Sarmaayapk4 ай бұрын

    Money Mindset Seminar by Laeeq Ahmad sarmaaya.pk/trainings/details/money-mindset 61% discount now available at 19$ only.

  • @shafqatiqbal2012
    @shafqatiqbal20124 ай бұрын

    جزاك الله خير

  • @user-lv2wk9xj1r
    @user-lv2wk9xj1r4 ай бұрын

    Zabrsast series

  • @user-fm7kl2jz1n
    @user-fm7kl2jz1n4 ай бұрын

    Bauht achi information

  • @maqbool-urrehman4760
    @maqbool-urrehman47604 ай бұрын

    Very informative. Thanks.

  • @Arsalanzeb
    @Arsalanzeb4 ай бұрын

    Great series Laeeq bhai. Thank you

  • @musayabtahir1435
    @musayabtahir14354 ай бұрын

    Outclass Sir! God Bless You

  • @Dedevilofficial
    @Dedevilofficial4 ай бұрын

    Zaberdas web series ❤❤

  • @Shahi97074
    @Shahi970744 ай бұрын

    good information

  • @JohnDoe-nl5qz
    @JohnDoe-nl5qz4 ай бұрын

    Mashallah Much needed education

  • @Dedevilofficial
    @Dedevilofficial4 ай бұрын

    Amazing Knowledge. Very informative 👍

  • @muhammadhabibbutt3335
    @muhammadhabibbutt33353 ай бұрын

    Very informative keep it up

  • @syedshahasad9551
    @syedshahasad95514 ай бұрын

    Excellent & much needed video.

  • @yayalil
    @yayalil3 ай бұрын

    very informative

  • @CookingwithAfshi
    @CookingwithAfshi4 ай бұрын

    My humble submission is that in order pay less taxes you can also use these tips to pay less taxes in PSX. 1. If a company announces bonus share , sell before ex bonus date if you avail bonus you will be tax 10%. Buy after ex bonus date to pay less tax. 2- in the on 20th june Sell your shares which are on loss and immediately buy them again so you will pay less tax on capital gains, this loss will be adjusted in your gains, 3- instead of taking dividends which are taxed at 15%, Book profit and pay capital gain at 12.5 %, and buy them again after x dividends date

  • @littlegamer6652

    @littlegamer6652

    3 ай бұрын

    very nice ideas, can please also explain method of collecting tax on bonus shares I mean how companies collect tax on bonus shares?

  • @ziacheema2899
    @ziacheema28994 ай бұрын

    Informative 😊

  • @tkabdali804
    @tkabdali8044 ай бұрын

    Amazing video

  • @ahmadlone
    @ahmadlone4 ай бұрын

    Much needed content 👍

  • @uzzairsshh4513
    @uzzairsshh45133 ай бұрын

    Great valuable effort

  • @_mani
    @_mani4 ай бұрын

    Thanks for this, much appreciated

  • @shoaibshoaib6604
    @shoaibshoaib66044 ай бұрын

    Very good video

  • @SaleemKhanStories
    @SaleemKhanStories3 ай бұрын

    Mashallah, another very beneficial video. Keep up the good work!

  • @ArsalanAnwer
    @ArsalanAnwer4 ай бұрын

    Great wok Laeeq bhai

  • @undercoverking9978
    @undercoverking99784 ай бұрын

    Thats great

  • @arslanqasim714
    @arslanqasim7144 ай бұрын

    Great work ❤

  • @bilalumer720
    @bilalumer7204 ай бұрын

    Thank you Sir us very helpful to reduce TAX

  • @travelandfood-taf8633
    @travelandfood-taf86333 ай бұрын

    Thank you Sarmaya Team for educating us............ excellent video

  • @alirazashaikh3395
    @alirazashaikh33954 ай бұрын

    Absolutely, good financial knowledge. I will be filer soon.

  • @omeryousafksa
    @omeryousafksa4 ай бұрын

    Great Man!!!

  • @supersparkgamer1122
    @supersparkgamer11223 ай бұрын

    Thanks

  • @faseehulhaq7616
    @faseehulhaq76164 ай бұрын

    Already filer sir as u maintion in money mindset. Great work 👍 for u sir

  • @syed.ehtishamhaider2448
    @syed.ehtishamhaider24483 ай бұрын

    You are my saviour

  • @muhammadaltafhussain5042
    @muhammadaltafhussain50424 ай бұрын

    Sir, mein apki different videos me apse request karchuka hu ke weekly kisi ek stock ki fair value par discuss karliya Karen

  • @engralambangash
    @engralambangash4 ай бұрын

    Appreciate ur effort. Keep it up. The real problem with tax filling is when a gov officer want to take ur hard earned money from ur pocket he can blackmail u in any way. The only thing one can do is not show income source. I believe for a little saving of money,Fbr's headache alot.

  • @naeemahmed6805
    @naeemahmed68054 ай бұрын

    Sir nice ❤❤❤

  • @mohammadtayyab-ex6yz
    @mohammadtayyab-ex6yz2 ай бұрын

    Very intelligent person

  • @damnhusnainyy5800
    @damnhusnainyy58002 ай бұрын

    Pls make a video on ETF investing strategy for long and short term

  • @shariqaijaz536
    @shariqaijaz5364 ай бұрын

    sir me aap k pass aa ke kaam krna chahta hn kuch time se dekh raha hn k aap mere intrest pr video bna rahe hn or me b ye krna chahta hn. kuchh hi time islamabad aa raha hn in sha Allah hum zarur milayngay. ❤❤

  • @rajaawaaz3713
    @rajaawaaz37133 ай бұрын

    Sir please ask video overseas K liyay b banay K wo kasy failer ban kar stok ma investment kar sakty ha

  • @450Learnings
    @450Learnings4 ай бұрын

    Champion here

  • @jantarai362
    @jantarai3624 ай бұрын

    Sir plz ek video cotton weat soyabean un ki oper bhi binaye Un ki price kese trade hote Hy our former Kese fiad ley Sakta Hy Iss related Pakistan men kese ko pta nahi Hy.

  • @wasimasgharsatti7295
    @wasimasgharsatti7295Ай бұрын

    😊😊😊

  • @MuhammadKhalid-lz2by
    @MuhammadKhalid-lz2byАй бұрын

    Sir, im champion, i will do it

  • @shahido9
    @shahido94 ай бұрын

    kindly summarise, how to get tax rebates for filer ,government employees

  • @umeraslam8532
    @umeraslam85324 ай бұрын

    👑

  • @Shahi97074
    @Shahi970744 ай бұрын

    mutual fund mai investment karne se income ta kaam hota hai?

  • @mmkwazir
    @mmkwazir3 ай бұрын

    Thank you for an informative video. What are the pros and cons of non fillers for expatriates?

  • @muhammadfarazcheema2644
    @muhammadfarazcheema26443 ай бұрын

    Hi Laeeq Sb...Many thanks for informative video. Really appreciated. What are the approved pension funds (recognised by Govt) where we can park our savings?

  • @muhammadbilal-cp2vf
    @muhammadbilal-cp2vf4 ай бұрын

    Champion 😂😂😂.....but i will do after watching this video

  • @faysal1669
    @faysal16694 ай бұрын

    Please make a video for overseas pakistanis, how they can invest in pakistan

  • @codecraft27
    @codecraft2716 күн бұрын

    I have become a filer and filed my return of previous year.

  • @ahmad4436
    @ahmad44364 ай бұрын

    Champion😢

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Time to get register and save your money.

  • @imanva8
    @imanva8Ай бұрын

    ❤🎉🎉thanks can I ask any question ?

  • @arhamshaikh973
    @arhamshaikh9734 ай бұрын

    Great video Laeeq bhai, do we have to contribute monthly to the Pension Fund according to our monthly salary or will a one time payment be enough?

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    can be any. you just need to invest max allowed in the country, either in one payment or monthly. you can still claim whole rebate if you invest today as well.

  • @supersparkgamer1122
    @supersparkgamer11223 ай бұрын

    Aoa sir how can grocery expenditure tax adjustable 😊

  • @user-hl7fy1vc1m
    @user-hl7fy1vc1m10 күн бұрын

    Suzuki cultus 998 CC life time token is adjsutable/claimable ?

  • @ShredWithElijah
    @ShredWithElijah4 ай бұрын

    mutual fund ma 15% your info here is wrong , ma filer hon or 15% hi kat raha ha. I have a question do I have to file the mutal fund daily dividend or capital gain even if I do not withdraw it?

  • @digitalmoiz1
    @digitalmoiz14 ай бұрын

    Boss

  • @Digitalartcreations111
    @Digitalartcreations1113 ай бұрын

    Agar may job nahi kerta or meray nic pe koi property car motor cycle registered hi nahi tu may keasay filer banunga ?

  • @faisalmalik9008
    @faisalmalik90084 ай бұрын

    Aoa 👍

  • @AimanMuzafar
    @AimanMuzafar4 ай бұрын

    Why is Trikl Islamic Daily Dividened Mutual fund is charging 15% tax for filer if the tax rate is 10%?

  • @farooqbilal7503

    @farooqbilal7503

    3 ай бұрын

    CGT for filer is 15%

  • @zahidmahmoodhakro
    @zahidmahmoodhakro4 ай бұрын

    السلام علیکم۔ آپ [ تاجر دوست اسکیم ] کے لیئے اس طرح کی ایک آسان وڈیو بنائیں۔ شکریہ جزاک اللہ خیر

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    kuch kaam FBR ko bhi kerney dein :D

  • @tradersaleem1
    @tradersaleem13 ай бұрын

    Sir forex trader foreign brokers like XM etc k sath trade krte hai. Yeh kese paisa white kr skte.. ? Is pr video bnye

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    yes just withdraw kerein to us per white paint ker k white ker saktey hain.

  • @littlegamer6652
    @littlegamer66523 ай бұрын

    how companies collect tax on bonus shares?

  • @amiraslam6500
    @amiraslam65004 ай бұрын

    Pension Fund Kon se or Kahan se Len?

  • @laptopdealer8342
    @laptopdealer83424 ай бұрын

    We can adjust or text to our finance department, but it’s for salary class. What about freelancers and business persons?

  • @amynfarooqui

    @amynfarooqui

    4 ай бұрын

    Yes, how business can take advantage in taxes. I’m sure you are working on that already. 😊

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    if you are in IT business, registering yourself with PSEB will help you in submitting zero income tax for first 3 years.

  • @amynfarooqui

    @amynfarooqui

    3 ай бұрын

    For local or international business both?

  • @azeembhatti7100
    @azeembhatti71004 ай бұрын

    Champion here 😢😢

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Not too late.

  • @azeembhatti7100

    @azeembhatti7100

    3 ай бұрын

    @@iamlaeeqahmad Laeeq Bhai, aj he ma na iris pa account registar kaya h.

  • @user-jl9hj8vs3b
    @user-jl9hj8vs3b4 ай бұрын

    Overseas Pakistan ko Kia benefits ho sakty filer banny se

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Property sale / purchast. Plus beign filer help you save in direct taxes if you are in country.

  • @TariqBinSadiq
    @TariqBinSadiq4 ай бұрын

    Kia kisi ny pension fund mai invest kiya h? Kaisy invest krty h?

  • @digitalmoiz1

    @digitalmoiz1

    4 ай бұрын

    Almeezan or alhamrah Kay through

  • @mazharmusafir5490
    @mazharmusafir54904 ай бұрын

    Kindly koi salaried+stock exchange file return video share kr dey!

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Search KZread. Idea is to give direction. This is not tax channel

  • @abbasdada88
    @abbasdada883 ай бұрын

    You mentioned that on credit card we are charged with 5%-6% on online/int transactions. And that can be different for filers. But the bank UBL says it has no effect. If anyone has any knowledge on this .pls share

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Do you get final statement by UBL ? Better check in statement. At times support people from bank even don’t know about deductions

  • @shoaibhameed4043
    @shoaibhameed40434 ай бұрын

    Bank profit main wht ju katta hy 15% filer ka wo adjustable ni hy? 😮 you mentioned bank profits in Fixed tax but from my research wht on bank profit is adjustable. kindly correct me if I’m wrong.

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    There are some withholdign tax on foregin transaction held by banks, you can claim and adjust in your salary.

  • @leopardpk2678
    @leopardpk26783 ай бұрын

    I am a salaried person. 36 Years Old. Kindly guide me how to invest in pension funds? Investing in pension funds is shariah complaint?

  • @SultanMehmood786
    @SultanMehmood7863 ай бұрын

    A company which is doing investment fraud in Pindi is al Hayat group They are making money double in a year They have accumulated billions of rupees from people It is the responsibility of the sarmaya team to inform or guide poor people Although it has nothing to do with the sarmaya team, we are still Pakistani we are Muslims So if someone drowning in water it is our responsibility to blow a whistle at least to give them warning Pls think about it Mr laiq Mr Ammad Mr Faraz

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Report to Secp

  • @MrAhsan-ll8tu
    @MrAhsan-ll8tu4 ай бұрын

    Is it possible for an 18 year old to become filer without any preferred source of income

  • @mansoorkhan8169
    @mansoorkhan81694 ай бұрын

    Hi, is the adjustable tax of 5% on AIR travel valid? I checked from the travel agency i booked ticket with and they said advance tax has been discontinued.

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Domestic or international? I took data from FBR . Better consult tax advisor

  • @mansoorkhan8169

    @mansoorkhan8169

    3 ай бұрын

    @@iamlaeeqahmad international trip. Will double check with Lawyer as well. Thanks

  • @aamirabdullah2503
    @aamirabdullah25033 ай бұрын

    کیا سمندر پار پاکستانی بھی فائلر بننے چاہئے؟ اگر ہاں تو براہ کرم مکمل طریقہ کار کے بارے اپنی کسی ویڈیو میں بتائے لئیق بھائی آپ سمندر پار پاکستانیوں کے لئے ایسی معلوماتی ویڈیو بنائیں تاکہ وہ اپنی محنت کی کمائی کو ادھر ادھر اڑانے کے بجائے بچت کریں خصوصا سٹاک مارکیٹ اور فنڈز کی انویسٹمنٹ کے بارے میں

  • @ghalibiqbal9428
    @ghalibiqbal94283 ай бұрын

    I have shares of three different Banks and receive dividend payments regularly They are MCB, SBL and HBL.My status is non filler but MCB,SBLare deducting 15%tax and HBL 30%.Please explain. I am Belgian/ Pakistan National. Your reply will be highly appreciated. Thanks

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    It’s not possible. Check CDC dividend report.

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Better consult some tax advisor to get registered. Don’t think you need to pay any taxes here but by not registering you will be paying more indirect taxes

  • @zubairhumsafar
    @zubairhumsafar3 ай бұрын

    Can a freelancer benefit from pension fund? as he already is not paying any tax 0.25% is almost none. If yes, please advise how?

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    bahi pehley tax to katey. 0.25% is not that much tax.

  • @khurramjawaid
    @khurramjawaid4 ай бұрын

    😁

  • @trendingstars6226
    @trendingstars62263 ай бұрын

    Pension Fund mai e.g 144000 har saal deposit karna hai To phr 600 tax credit mily ga? K account mai bs 144000 total maintain karny par har saal 600 tax credit mily ga?

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    If your tax slab is in same bracket then yes. You can claim each year

  • @AliAhmed.2734
    @AliAhmed.27344 ай бұрын

    what about students who are investing by saving their pocket money. How can they save money through tax?

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    by just registering themselves as tax payer with no income. You can save in direct taxes.

  • @Cloud-cc5kl
    @Cloud-cc5kl3 ай бұрын

    Sir mine monthly salary is 95400. But my company is deducting approx 5000 rupees monthly in term on income tex. I am also filer. What could b the reason.

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Check with your finance team.

  • @shahzaibali4590
    @shahzaibali45904 ай бұрын

    i am young guy how can i become filer ? anyone guide me plz

  • @luqmananjum6641
    @luqmananjum66414 ай бұрын

    FBR is looking for you in White vigo

  • @mrpasha5893

    @mrpasha5893

    4 ай бұрын

    Hahahahah they want to have 1 to 1 with Laeek sb

  • @Trade_Smarter_with_AI
    @Trade_Smarter_with_AI4 ай бұрын

    Another master stroke video

  • @muhammadaltafhussain5042
    @muhammadaltafhussain50424 ай бұрын

    Bohat se log filer ban,nay se khaufzada hein, shayed apki video ke bad woh apna zehan banasake.

  • @450Learnings
    @450Learnings4 ай бұрын

    We are tenants, and utility Bills are not at my Name ... How can we reimburse tax paid on that ?

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    need to transfer in your name to claim.

  • @450Learnings

    @450Learnings

    3 ай бұрын

    Many thanks, Laeeq Bhai

  • @zubairhumsafar
    @zubairhumsafar3 ай бұрын

    when a freelancer withdraws indirectly 3k$ each month its not 3 rupees that you mentioned... its around 10 thousand per month....

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Yes it’s peanuts. A salaried person is paying 260k in tax.

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Freelancer is earning white money and just for 10k converting it into black money.

  • @zubairhumsafar
    @zubairhumsafar3 ай бұрын

    How a freelancer can calim those phone bills and electricity bills taxes, he aint have any finance department.

  • @Just4upk
    @Just4upk4 ай бұрын

    Sir voice is not in sync with video.

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Which video are you watching ?

  • @jamilkhan7158
    @jamilkhan71584 ай бұрын

    Non filer

  • @shaharyarzaheer9361
    @shaharyarzaheer93614 ай бұрын

    I’m a champion 😂

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Time to register and save money

  • @UmairAhmed771
    @UmairAhmed7714 ай бұрын

    I am a tax filer ALHAMDULILLAH since 8 years now. This was a much needed video to educate people in Pakistan. Please make a video on how Pakistan based software houses employes can save taxes by signing up a contract with their US based LLC companies as a contractor.

  • @adilhanif0794

    @adilhanif0794

    22 күн бұрын

    @@UmairAhmed771 how?

  • @markhaur6092
    @markhaur60923 ай бұрын

    @Laeeq Bhai, Allah Pak na apko jannat enhi kamo'n ki waja se de deni hai :D Allah Pak apki zindagi ma barkat de

  • @o-series6317
    @o-series63174 ай бұрын

    Is video ko dak kar lagta ha mara abu hi pakistan ko chala raha ha salary sa text da Kar or wasa lag raha ha

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    lol.

  • @ImtiazAli-nl8qv
    @ImtiazAli-nl8qv3 ай бұрын

    Invasion of tax , is also corruption

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    Watch full video

  • @amjadtopi
    @amjadtopi4 ай бұрын

    سر اک سوال حکومت کا فائدہ تو نان فائلر سے ھے۔ تو پھر حکومت لوگوں کو فائلر کیوں بنا رہی ھے۔۔

  • @mazharmusafir5490

    @mazharmusafir5490

    4 ай бұрын

    Same question

  • @ghalibiqbal9428
    @ghalibiqbal94283 ай бұрын

    Please advise tax on dividends for expat living abroad or that countries Nationals.

  • @iamlaeeqahmad

    @iamlaeeqahmad

    3 ай бұрын

    if you have not register yourself as tax payer than unfortunately you are paying double taxation on dividend amount. 20% on bonus

  • @jawadahmadkhan1076
    @jawadahmadkhan1076Күн бұрын

    This seems to complicated.

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