Sovereign Tax Return & FBR IRIS Filing Suite
Tax Year 2024-25/2025-26 Form 114(1) computation, IT export 0.25% regime (Sec 154A), Section 116 Wealth Reconciliation balance, ATL verification, and official FBR IRIS 2.0 export.
Pak-LLM Sovereign FBR Tax Law Advisor
Grounded in Income Tax Ordinance 2001 & Finance Acts
Suggested Tax Consultation Scenarios
Statutory Knowledge Base
- Income Tax Ordinance, 2001 (Amended 2025)
- Finance Act 2024-2025 Tax Slabs & Surcharges
- Sales Tax Act, 1990 (18% POS Digital Invoicing)
- FBR IRIS 2.0 Electronic Schema Standard
Scope and limits. This page and the tax assistant describe general Pakistani tax rules and help you compute figures. They are not tax advice, do not create a practitioner–client relationship, and do not file anything with FBR. Tax rates and thresholds change with every Finance Act — confirm the applicable tax year with FBR or a licensed practitioner before you file.
Written and maintained by Saad Bin Farrukh, Principal Technology Consultant, SBF Consultancy (Pvt.) Ltd. · Last reviewed
Frequently Asked FBR Tax & Legal Questions
Answers grounded in the Income Tax Ordinance 2001 and FBR IRIS 2.0 filing rules.
How does the Pak-LLM FBR Tax Suite automate Form 114(1) returns?
The Pak-LLM Tax Suite ingests salaried, freelance (Section 154A), business, and rental incomes, computes progressive tax brackets under Finance Act 2024-25/2026, deducts adjustable withholding taxes (telecom Sec 236, electricity Sec 235, banking Sec 231A), and builds validated FBR IRIS 2.0 XML/JSON drafts.
How to reconcile Section 116 Wealth Statement in Pakistan without errors?
Wealth Statement reconciliation under Section 116 requires that Closing Net Wealth minus Opening Net Wealth strictly equals Total Declared Inflows (taxable income, gifts, remittances) minus Total Outflows (household expenses, taxes paid, donations). Pak-LLM automatically computes and eliminates any un-reconciled discrepancies.
What are the tax slabs for salaried individuals in Tax Year 2025/2026?
For salaried individuals: Income up to PKR 600,000 is 0% tax; PKR 600,000 to PKR 1,200,000 is 5% of amount exceeding PKR 600k; PKR 1.2M to 2.2M is PKR 30k + 15%; PKR 2.2M to 3.2M is PKR 180k + 25%; PKR 3.2M to 4.1M is PKR 430k + 30%; above PKR 4.1M is PKR 700k + 35% plus applicable 10% super tax surcharge.
How to verify Active Taxpayer List (ATL) status online?
Taxpayers can check their ATL status instantly through Pak-LLM's integrated ATL checker or by sending an SMS with 'ATL [13-digit CNIC]' to 9966. Active status prevents 100% withholding tax surcharges on banking cash withdrawals, international debit/credit transactions, and motor vehicle registrations.
Need High-Volume FBR Return Preparation or Shariah-Aware Document Review?
Upgrade to the Wakeel / Legal Chamber tier or Mustaqil Freelancer package for high-volume Form 114 preparation, bulk wealth reconciliation drafts, and citation-grounded document review.