Where to show the amount received from abroad in the tax return? | Foreign Remittances

Описание: Are you confused about how to report the money you received from abroad in your FBR tax return? In this video, we provide a step-by-step guide on where to show foreign income in your tax return and ensure that you file correctly. Whether you’ve received money from family members, through overseas employment, or foreign investments, it’s important to understand the right way to declare this income.

We’ll cover:

How to declare foreign remittances in the tax return
The specific section in IRIS where foreign income is shown
What documents you need to provide when declaring overseas money
Whether or not you are required to pay taxes on foreign remittances
The tax implications of different types of foreign income (e.g., salary, gifts, investments)
Understanding FBR’s tax rules for foreign income is essential for avoiding mistakes and ensuring compliance. This video is designed for overseas Pakistanis, expatriates, and anyone who receives money from abroad.

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