Income Tax Return 2026 for Overseas Pakistanis | Who Must File & Who Is Exempt? | Adv Malik Aqib

Do overseas Pakistanis have to submit an Income Tax Return for Tax Year 2026? Many overseas Pakistanis assume that living or working abroad automatically exempts them from filing an income tax return in Pakistan. However, the correct legal position depends on factors such as residential status, Pakistan-source income, property, investments, business activities and other filing requirements. In this video, I explain: Who qualifies as a resident or non-resident Pakistani Whether overseas Pakistanis are automatically exempt from filing When a non-resident Pakistani may still be required to file How Pakistan-source income should be treated The correct strategy for declaring income and assets How to submit the return legally through FBR IRIS Common mistakes overseas Pakistanis should avoid Important points regarding filer and Active Taxpayer List status VIDEO CHAPTERS 0:00 Introduction 1:08 section 115 for non residents 3:12 Section 114 who is required to submit Tax returns 5:24 Definition of overseas Pakistani 6:00 How Overseas Pakistanis file their Tax Returns 6:55 How to create wealth statement 9:19 Tax-Filing on FBR Portal 📢 FREE TAX UPDATES Follow my WhatsApp channel for free tax advice, important deadlines and the latest income-tax updates: https://whatsapp.com/channel/0029Vb60... This video is intended for general tax education. Every taxpayer’s circumstances may be different, so professional advice should be obtained where necessary. Official FBR website: https://www.fbr.gov.pk/ If you found this video helpful, please like, subscribe and share it with other overseas Pakistanis. #OverseasPakistanis #IncomeTaxReturn2026 #TaxReturn2026 #PakistanTax #FBR #NonResidentPakistani #FBRIRIS