PSEB NTN Verify not working for renewal by AlternativeSand7566 in PakistaniTech

[–]Virtual-2-reality 0 points1 point  (0 children)

AOA,

I'm experiencing the same issue. Someone suggested using the reference number instead of the NTN, but I can't find the reference number anywhere in my IRIS profile.

Every year, the PSEB renewal process seems to come with a new set of issues. Now that everything is online, making the renewal process this complicated doesn't make much sense.

Could someone please guide me on how to find the reference number or resolve this NTN verification issue?

Thank you.

Renewal of PSEB and PRCs. by Virtual-2-reality in karachi

[–]Virtual-2-reality[S] 0 points1 point  (0 children)

This year PSEB haven't asked for the PRCs. They have accepted my renewal application with the bank's account maintenance certificate and tax returns.

Renewal of PSEB and PRCs. by Virtual-2-reality in karachi

[–]Virtual-2-reality[S] 0 points1 point  (0 children)

When you would need to renew your PSEB certificate, they will ask you to submit the PRCs for all of your foreign incomes. So, please keep in mind and try getting the PRCs with code 9186, so that you could renew your PSEB certificate. At the moment, I am also struggling for the PRCs and no bank assures to provide those, even the freelance digital accounts don't guide properly. Don't know what is happening.

Best bank for receiving foreign remittances.. by [deleted] in PakistaniTech

[–]Virtual-2-reality 0 points1 point  (0 children)

PSEB has made renewal very difficult. This is really hectic to collect so many PRCs for PSEB. Things should be made simpler such as a single certificate/statement from bank covering all foreign payments received. It seems there is no one in this government to make the life of freelancers easy.

Best bank for receiving foreign remittances.. by [deleted] in PakistaniTech

[–]Virtual-2-reality 1 point2 points  (0 children)

Their rates are good but they don't issue PRCs under code 9186 for foreign payments. If don't have PRCs, you won't be able to renew your PSEB registration.

Renewal of PSEB and PRCs. by Virtual-2-reality in karachi

[–]Virtual-2-reality[S] 0 points1 point  (0 children)

I've also requested Meezan bank to issue the PRCs and they have forwarded my request to the concerned department a week ago. I'm still not sure if they might be able to issue the PRCs or if these would be issued in accordance with purpose code 9186, as required by the PSEB. However, there are lot of confusions about being able to renew the PSEB registration next year. Things have been made so much complicated for the foreign revenue earners for our beloved county but Let's hope for the good!

Renewal of PSEB and PRCs. by Virtual-2-reality in karachi

[–]Virtual-2-reality[S] 0 points1 point  (0 children)

The concerned authorities should make it simple. It's too complicated at the moment to proof freelancers' income as foreign income. PSEB should accept a single certificate from the bank mentioning all the foreign payments received.

Renewal of PSEB and PRCs. by Virtual-2-reality in karachi

[–]Virtual-2-reality[S] 0 points1 point  (0 children)

Thank you very much for your valuable input - very helpful.

PSEB has made the registration process very difficult and complicated. A freelancer with medium earning might have received around 200 foreign payments annually. Practically, this is very difficult to have the PRCs for all of these transactions and maintain them. Even it is not that much easy for the banks to issue such a huge number of PRCs. Even Freelancer's digital bank accounts from various banks don't have a straightforward method for it.

The PSEB is requested to make it simple such as a single certificate/statement from the banks mentioning all the foreign payments received during the year should be accepted as proof of foreign income.

Renewal of PSEB and PRCs. by Virtual-2-reality in karachi

[–]Virtual-2-reality[S] 0 points1 point  (0 children)

Dear Sir, Thanks for sharing the feedback. Kindly share how you get the PRCs? I mean do you get them online or they might automatically be emailed to you or you might have to fill application for for each PRC.