• Submitting the TIN is mandatory when opening a current account and requesting building plan approvals

A Tax Identification Number (TIN) does not automatically make someone liable for income tax unless the income exceeds the annual tax exemption limit of Rs. 1.2 million for those above 18 years, the President’s Media Division (PMD) said.  

However, submitting the TIN is mandatory when opening a current account, requesting building plan approvals, registering a motor vehicle, renewing a licence or registering title to land from February, the PMD said.