How to Add Bank Accounts & Stat Life insurance policy in FBR Tax Return 2024: A Step-by-Step Guide

Опубликовано: 11 Март 2025
на канале: FBR Tax Consultant • 75K views • 2 days ago ...
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1. Login to IRIS Portal
Visit the Federal Board of Revenue (FBR) IRIS portal at https://iris.fbr.gov.pk/.
Enter your credentials (CNIC and password) to log in.
2. Access Wealth Statement
Once logged in, go to the "Wealth Statement" section.
Select the relevant tax year (e.g., 2024).
3. Add Bank Account
In the Wealth Statement, locate the "Bank Accounts" section.
Click on "Add Bank Account."
Enter the required details:
Bank Name: Select your bank from the list.
Branch Name: Enter the branch name where your account is held.
Account Number: Enter your complete account number.
Account Type: Choose the type of account (Current, Saving, etc.).
Opening Balance: Provide the opening balance as of the start of the tax year.
Closing Balance: Provide the closing balance as of June 30th of the tax year.
After filling in all the details, click "Save."
4. Submit Return
After adding the bank account, review your Wealth Statement.
Ensure all information is accurate.
Submit your return by clicking "Submit."
Tips:
Ensure all bank account details are accurate to avoid discrepancies.
Keep a record of your bank statements to support the balances you declare.
This process ensures that your bank accounts are correctly reported in your tax return, complying with FBR regulations.