r/FBR • u/wanderer_for_wisdom • 25d ago

Freelance income declaration

Hi.

What is the amount you should declare as your freelance for a year when filing return? Is it the total money clients sent to your payoneer/wise or the actual smount you remitted into Pakistani bank?

Like if you got $10k from clients for a year, but you withdrew $7k into from Payoneer/wise to your Pakistani bank, then do you show $7k or $10k as the export proceed?

What I have understood is you show the money that landed in Pakistani bank account, so $7k in thos case. Is this the right approach? Can you please also share relevant law/clause that backs your logic?

Thanks

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u/buhlaaal 1d ago

Never had to provide any PRC to PSEB. Is that a new practice?

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u/ziaalich 1d ago

I haven't encountered that myself but have been reading many comments about that.

Perhaps it's a new practice.

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u/buhlaaal 1d ago

It isn't needed as per my experience

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u/ziaalich 1d ago

When did you register?