ByWithholding taxes are deducted from employee salaries by employers and remitted to the Federal Board of Revenue (FBR). This process requires employers to generate challans for the taxes withheld. Here’s a simplified guide on how to create a challan for salary tax payment:
1. Access the FBR e-Payment Portal:
- Visit the official FBR website.
- Navigate to the “e-Payments” section.
2. Select “Withholding Tax”
- Under the “e-Payments” section, locate and select the “Withholding Tax” option.
3. Choose “Adjustable Income Tax”
- Select “Adjustable Income Tax” from the available options. This category is relevant for salary tax payments.
4. Enter Payment Details:
- Without Login: If you are not logged in as a withholding agent, you will need to enter the NTN of the withholding agent (your company’s NTN).
- Enter Payer Details: Enter the CNIC/NTN of the employee, the taxable amount, and the calculated tax amount.
- Bulk Upload: For multiple employees, you can prepare a data file in the prescribed format (downloadable from the FBR website) and upload it for bulk entry.
5. Select Tax Year and Month:
- Ensure that you select the correct tax year and month for which the tax is being paid. For example, if you are paying taxes for salaries paid in December, select “December” as the month.
6. Generate Challan:
- Once you have entered all the required details, click on the “Generate Challan” button.
7. Receive Challan and Payment Instructions:
- The system will generate a unique challan/psid with payment instructions.
- You will receive a notification of challan creation via email.
8. Make Payment:
- Make the payment through any of the designated channels, such as online banking, over-the-counter at designated banks, or through mobile banking.
Important Considerations:
- Data Accuracy: Ensure the accuracy of all entered information, including CNIC/NTN, taxable amount, and tax amount.
- Data Security: Keep your login credentials confidential and secure to prevent unauthorized access to your account.
- Record Keeping: Maintain proper records of all salary payments and tax deductions for future reference and audits.
- Stay Updated: Stay updated with any changes to the FBR’s e-payment system and procedures.
By following these steps, you can efficiently create and submit challans for salary tax payments to the FBR.
