FBR clarifies RDA holders exempt from return filing, non-filer rates

The Federal Board of Revenue (FBR) has clarified that non-resident holders of a Roshan Digital Account (RDA) need not submit a return for their RDA investments, and no non-filer rates apply to them. The clarification came after the authority received several queries about investing in the Pakistan Stock Exchange (PSX) through an RDA and about repatriating profits. Mettis Global reported the statement on September 24, 2026.

Gains and dividends from PSX holdings will attract tax at filer rates, but only where the stake is funded out of RDA profit. Transfers of capital back overseas through the account are not subject to tax. Non-resident holders are also excused from filing an income tax return, because profit on debt earned through the account is tax-exempt.