What Is a Wealth Statement?
A wealth statement (Statement of Assets and Liabilities) is a mandatory filing for every individual filer in Pakistan, listing your assets, liabilities, and personal expenses. FBR uses it to reconcile your declared income against your net wealth growth year over year — mismatches are a common trigger for tax notices.
Why Accuracy Matters
An incorrectly prepared wealth statement — missing assets, wrong valuations, or unexplained wealth growth — is one of the most common reasons FBR issues a notice or selects a return for audit. NTNWaale prepares your wealth statement carefully, cross-checked against your income tax return, to minimize this risk.
What's Included
- Listing of all assets (property, vehicles, bank balances, investments, gold, business capital)
- Listing of liabilities (loans, credit card balances, payables)
- Wealth reconciliation statement showing year-on-year change matched to declared income
- Filing directly with your income tax return on FBR IRIS
Documents Required
- Details of all owned assets and their approximate value
- Bank account statements
- Details of any loans or liabilities
- Previous year's wealth statement (if already a filer)
Wealth Statement Filing Fee
Our wealth statement preparation and filing service starts at PKR 1,800, filed together with your income tax return on FBR IRIS. Because it's cross-checked directly against your declared income, we recommend preparing both together rather than as separate afterthoughts — see our income tax return filing service if you haven't filed your return yet this year.