The government has introduced a new fixed tax scheme for small traders as part of broader efforts to expand the tax base and improve compliance before the upcoming federal budget. Officials said the initiative aims to simplify taxation while encouraging more traders to formally register their businesses. Moreover, the scheme focuses on reducing complexity in […]
Pakistan tax reform
Govt and traders near deal on fixed retailer tax scheme
The federal government and trader bodies are moving closer to a consensus on a simplified fixed tax scheme for retailers, aimed at small businesses with annual turnover up to ₨200 million. The proposal is expected to be included in the Finance Bill 2026-27 as authorities seek to widen the tax base while reducing compliance pressure […]