FBR proposes voluntary tax regime for small traders

The government has planned to bring 3.5 million small shopkeepers and traders with annual turnover of Rs200m into tax net during 2026-27.—PPI/file ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a simplified and voluntary income tax regime for small shopkeepers, offering exemption from routine audit, withholding tax obligations and mandatory digital invoicing in a fresh attempt to broaden the country’s narrow tax base. The draft Special Procedure for Small Shopkeepers, issued ...

By none@none.com (Mubarak Zeb Khan)