Daily Times

With only two weeks remaining for the Federal Board of Revenue (FBR) deadline, a mere fraction of retailers have voluntarily registered, posing challenges for the government’s tax net expansion.

According to FBR sources, fewer than 50 traders have registered since the launch of the campaign two weeks ago.

The registration initiative was viewed as a political commitment by the Shahbaz Sharif government to broaden the tax base by including real estate, wholesalers, and retailers. The consequences of this slow registration could disproportionately affect the salaried class already grappling with high taxes.