Malakwal, a railway junction town in Mandi Bahauddin district near the Jhelum, has farmers, traders, railway workers and many families with members abroad. Residents register for an NTN mainly for property, business accounts and contracts.
Property Bought with Money from Abroad
A large share of Malakwal's new houses are built with money sent from Spain, Greece, Italy and the Gulf. When a plot is transferred, the buyer pays advance tax under section 236K at a rate that depends on whether he or she is on the Active Taxpayers List. The relative abroad, or the family member at home in whose name the plot will be registered, should register and file a return before the transfer. Registration is online with a CNIC or NICOP.
Grain and Rice Traders
Traders who buy wheat and rice from the surrounding villages and sell to mills in Mandi Bahauddin and Sargodha are paid by bank transfer. Mills withhold tax on purchases, at a higher rate from suppliers who have not filed. A trader who registers and files keeps more of every payment.
Railway Contractors
Malakwal's junction and the branch lines towards Sargodha and Khushab need maintenance, loading and catering contractors. Railways and their main contractors require an NTN before paying bills.
Shops in the Bazaar
Shops that want card machines or wallet merchant accounts need a business account, which banks open after registration.
Young People Heading Abroad
Students and workers preparing visa applications often need a tax record. Registering and filing a return, even with modest income, provides one.
Registering
Prepare a CNIC or NICOP, a phone number that receives FBR's verification codes and an email address. Each step is shown in our FBR registration guide.
Also see income tax return filing in Malakwal.
Frequently Asked Questions
Can my brother in Greece register for a plot in Malakwal?
Yes, online with his CNIC or NICOP, and he should file before the transfer.
Do rice mills withhold tax from traders?
Yes, at a lower rate for active filers.
Does a tax return help with visas?
A filed return is often used as evidence of income.