FBR enforces monthly tax on small retailers

The Federal Board of Revenue (FBR) has introduced a fixed monthly tax scheme for small shopkeepers and retailers across 42 cities, with payments ranging from Rs. 100 to over Rs. 20,000.

Moreover, the tax amount varies based on the shop’s location and is outlined in S.R.O. 1064 (I)/2024, which amends the Tajir Dost Special Procedure, 2024.

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Furthermore, shops up to 50 square feet, including makeshift or kiosk setups, will incur a fixed annual tax of Rs. 1,200. This scheme affects a range of businesses including wholesalers, dealers, and retailers.