Federal Board of Revenue (FBR) Aims to Enlist 3.6 Million Retailers in Tax System

Saturday, 6 July 2024, 07:27

The Federal Board of Revenue (FBR) is exploring approaches to include traders in the tax net, with a focus on the simplified fixed scheme. Currently, only 78 retailers are registered under the Tajir Dost Scheme. This initiative aims to enhance tax compliance and improve revenue collection for the economic betterment of Pakistan.
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Federal Board of Revenue (FBR) Aims to Enlist 3.6 Million Retailers in Tax System

FBR's Efforts to Expand Tax Compliance

The Federal Board of Revenue (FBR) is considering various strategies to include traders in the tax net, highlighting the importance of tax compliance.

Low Retailer Enrollment in Tajir Dost Scheme

Currently, only 78 retailers are registered under the Tajir Dost Scheme, indicating the need for increased participation and awareness.

  • Key Point: FBR aims to enroll 3.6 million retailers in the tax system.
  • Conclusion: Enhancing tax compliance is crucial for economic development and revenue collection.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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