October 7, 2026
Salaried employees paid Rs144 billion in income tax in the first quarter. Real estate and retailers together paid Rs54 billion, with property collection down 38 percent after tax rates were halved.
September 23, 2026
The FBR's simplified 1 percent turnover scheme for shopkeepers has registered 317 traders, of whom two were not already filing, and collected Rs26 million against an annual target of Rs50 billion.
September 9, 2026
Under SRO 1166(I)/2026 small retailers can pay 1 percent of turnover with a minimum of Rs25,000, file a one-page return, and be exempted from routine audit, POS integration and digital invoicing.
August 20, 2026
Finance Minister Muhammad Aurangzeb and Minister of State Bilal Azhar Kayani launched a mobile application for the fixed tax scheme, developed in consultation with traders, to bring small shopkeepers into the tax net as filers.
Listen to the article Lahore: The Pakistani Chainstore Association (CAP), which represents the country’s organized retail sector, has expressed concerns about the hard tax measures and imposition practices, in particular those introduced through the 2025 funding law. “Retail chains in the official sector have worked tirelessly for years to adopt technology, secure a transparent sales report and contribute significantly to the nation’s tax revenue as well as its exports,” said Asfandyar Farrukh, President CAP. “However, we are facing an unsustainable environment where legal businesses are treated as potential offenders, are subject to arbitrary tax evaluations and remain exposed to the
Employees saw a call center in Lahore. – AFP/file Exporters contribute to a tax amount of 150 billion RS180 billion Rs the FY25. Retail traders raped $ 62 billion by the income tax decree. Contribution of leased order more than three times that of exporters. ISLAMABAD: In the midst of continuing efforts to expand the tax network to increase revenue, it has come to light that the country’s leased order has contributed more than twice the tax amount to the national kitten compared to the combined contribution of exporters and 20s. The news reported on Thursday. The Federal Revenue Council
May 19, 2025
Small Indian grocery stores and large fashion retailers online can be boycotted by Turkish products ranging from chocolates, coffee, jams and cosmetics to clothes in the midst of increasing rage in Turkiye’s support for Pakistan. Turkish President Tayyip Erdogan expressed public solidarity with Pakistan, after India carried out military strikes in response to an attack on Indian illegal occupied jams and Kashmir (Iiojk). The cross -border battles continued for four days before the start of the ceasefire. On Monday, the All India Consumer Federation (AICPDF), which supplies 13 million grocery stores, said it began a “vague and complete boycott” of
Listen to the article Islamabad: The Pakistani Oil Representative Association (APPDA) warned not to adopt the proposed oil law (amendment), arguing that while the legislation aims to limit fuel smuggling, it could punish the retailers who do not keep the retailers. Speaking to Fuel Station owners on Friday, APPDA spokesman Hassan Shah said that the bill had administered sweeping and uncontrolled powers to local administrations, such as assistant commissioners and alternates, without judicial supervision or regulatory controls. Such provisions “leave room for coercion, abuse and shift of representatives to achieve arbitrary enforcement objectives,” he said. “Oil delegates have invested billions
Listen to the article In a move to enhance tax documentation and monitoring, the Federal Revenue Council (FBR) issued a notice of amending the 2006 sales tax rules, Express News said on Thursday. According to the new regulations, all retailers should accept all forms of electronic transactions, including debit and credit card payments. Under the new rules, registered retailers must maintain a record of all transactions, including those made through debit and credit cards, with the additional CCTV Transactions Monitoring Measure (POS). In addition, retail traders will be instructed to link hardware hardware and e -mail software systems to the
LAHORE: Owners and operators of retail chains have expressed concern over the recent internet outages, mainly affecting mobile internet and WhatsApp, saying it will have a major impact on export and domestic trade activities across the country. In a statement, Pakistan Chains Association President Tariq Mehboob, along with co-founder and National E-Commerce Council member Asfandyar Farrukh, highlighted the far-reaching impact of the outage on internet services and sought a permanent solution to the problem. Pakistani businesses already face multiple challenges, including high taxes, rising electricity costs and growing liquidity shortages. Amidst these difficulties, inconsistent and unreliable Internet services create additional
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October 26, 2026
The Pakistan Daily
October 26, 2026
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