Comprehensive Overview of MBS Taxation Services

Advocate Muhammad Bilal Saleem, a distinguished High Court Lawyer and seasoned Professional Tax Consultant, operates from Muzaffargarh, Pakistan, delivering an extensive range of tax and legal services designed to meet the needs of individuals, freelancers, and businesses alike. With a wealth of experience in navigating the complexities of Pakistan’s tax and legal systems, he provides reliable guidance to clients both within Pakistan and across the globe, ensuring they remain compliant and confident in their financial and legal obligations.

Areas of Expertise:

  • Income Tax Filing & Compliance: Comprehensive support for salaried individuals, business owners, and freelancers, encompassing NTN (National Tax Number) registration, accurate tax return filing, corrections to previous filings, and ongoing compliance assistance to adhere to Federal Board of Revenue (FBR) regulations.
  • Sales Tax (FBR & PRA) Services: Full-spectrum services including sales tax registration, monthly return filings for both the FBR and Punjab Revenue Authority (PRA), setup of invoicing systems, issuance of Sales Tax Registration Numbers (STRN), and ensuring complete compliance with local tax laws.
  • Freelancer Taxation: Specialized assistance for professionals earning through platforms like Upwork, Fiverr, Payoneer, Wise, and bank-linked income sources, including tax compliance strategies, exemption applications, refund processes, and tailored tax-saving advisory to optimize earnings.
  • Company & Business Registration: Expert handling of sole proprietorships, partnership firms, and private limited companies through the Securities and Exchange Commission of Pakistan (SECP) and FBR, along with registration with the Chamber of Commerce, obtaining trade licenses, and consultation for business account openings with financial institutions.
  • Tax Planning & Refund Claims: Strategic tax planning to minimize liabilities, filing for withholding tax refunds, securing exemption certificates for contractors, service providers, and freelancers, and managing all FBR correspondence to resolve tax-related issues efficiently.
  • Property Tax & Legal Advisory: Detailed tax planning for property transactions such as buying, selling, or gifting, with a special focus on serving overseas Pakistanis, including accurate capital gain tax calculations and compliance with relevant regulations.
  • Civil & Tax Litigation: Robust legal representation in FBR audits, responding to tax notices, drafting legal documents, and representing clients in tax tribunals, the High Court, and for civil litigation or property disputes, ensuring thorough defense and resolution.

Key Services in Detail:

  • Income Tax Filing & NTN Registration: Efficient NTN registration completed within one business day, coupled with meticulous filing services for salaried employees, businesspersons, and freelancers, including support for correcting past returns and maintaining compliance with FBR deadlines.
  • Sales Tax Registration & Monthly Filing (FBR & PRA): End-to-end management of sales tax registration processes, monthly return submissions, invoicing setup, STRN allocation, and ongoing compliance monitoring to avoid penalties or legal issues.
  • Freelancer Tax Services: Customized tax solutions for online earners, covering compliance with FBR rules for international platforms, guidance on exemption eligibility, refund claims processing, and proactive advice to enhance tax efficiency and savings.
  • Property & Capital Gain Tax Advisory: In-depth consultation on tax implications of property transactions, including documentation requirements, tax planning strategies for overseas Pakistanis, and precise calculations of capital gain tax to ensure legal and financial accuracy.
  • Tax Refunds & Exemption Certificates: Expert assistance in filing for refunds of over-deducted withholding taxes, obtaining exemption certificates for eligible contractors and freelancers, conducting status checks, and handling all necessary FBR communications.
  • Legal Representation & Appeals (Tax & Civil Cases): Comprehensive support during FBR audits, crafting detailed replies to tax notices, preparing legal drafts, and providing representation in tax tribunals and the High Court, as well as handling civil litigation and property-related legal challenges.

Mission Statement:

At MBS Tax Consultant, the mission is to demystify tax and legal services for every Pakistani, whether residing in the country or abroad. The firm is committed to delivering honest and reliable consultancy, affordable and accessible solutions for individuals, freelancers, and businesses, ensuring timely filing and compliance, and providing clear, jargon-free guidance. The core belief is that every citizen deserves to be tax-aware and legally secure, and MBS Tax Consultant is dedicated to making this journey seamless and supportive.

Frequently Asked Questions (FAQs) with Detailed Responses:

  • Q1: I’m a freelancer on Upwork/Fiverr. Do I need to pay tax in Pakistan?
    Yes, under Pakistan’s tax laws, if your annual income exceeds the non-taxable threshold of Rs. 600,000 for individuals, you are required to file a tax return with the FBR, even if no tax is payable immediately. This ensures your compliance and eligibility for future benefits or refunds.
  • Q2: Can Overseas Pakistanis file taxes from abroad?
    Absolutely. Overseas Pakistanis can file their taxes online using their Computerized National Identity Card (CNIC) and FBR e-portal login credentials from any country. MBS Tax Consultant offers complete remote assistance, including document preparation and submission, to facilitate this process seamlessly.
  • Q3: Is property gifted by blood relatives taxable?
    No, property gifted by immediate blood relatives such as a parent, sibling, or child is exempt from capital gain tax, provided the gift is formalized through a registered deed and properly documented with the relevant authorities to avoid future disputes or tax claims.
  • Q4: How long does it take to register an NTN?
    Under normal circumstances, NTN registration is processed within one business day when handled by experts. MBS Tax Consultant provides full support to expedite this process for salaried individuals, freelancers, and businesses alike.
  • Q5: Can I get a refund of tax deducted from my bank or salary?
    Yes, if you are a tax filer and excess tax has been deducted from your bank transactions or salary, you are eligible to claim a refund. This requires filing a tax return and submitting a refund application through the FBR, a process MBS Tax Consultant can manage on your behalf.

Contact Now:

For personalized legal or tax assistance, reach out today at https://mbstaxaion.com/. Whether you’re in Pakistan or overseas, Advocate Muhammad Bilal Saleem and his team are just a click away to provide expert support tailored to your needs.

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