Definition of Resident Individual 2022

Definition of Resident Individual 2022

The Finance Act, 2022 has brought about certain amendments in the Income Tax Ordinance, 2001 (the Ordinance, hereafter). Some significant amendments on Definition of Resident Individual 2022 are explained hereunder: –

How to know if someone is a Resident Taxpayers/ Individual in tax 2022

The scope of the definition of resident individual has been further expanded through insertion of clause (d) to section 82.

Now a person being a citizen of Pakistan whose stay in any other country is not more than one hundred and eighty-two days during a tax year or who is not a resident taxpayer of any other country will also be treated as resident individual for the purpose of the Ordinance.

For more information on FBR’s new regulations / circulars/ SROs/ amendments in taxation laws in Pakistan please visit https://www.fbr.gov.pk/

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