Heading: TRADERS SEEK REMOVAL OF FIXED TAX COMPONENT FROM NEWLY-PROPOSED SCHEME - 2026-06-14
Published June 14, 2026 Updated a day ago By Recorder Report LAHORE: The Chairman of the Supreme Council All Pakistan Anjuman-e-Tajiran, Naeem Mir, has urged the government to remove the fixed tax component from the newly proposed fixed tax scheme, arguing that its current structure unfairly burdens the country’s most economically vulnerable traders while falling short of its own documentation goals. Speaking to BUSINESS RECORDER, Mir noted that the scheme, as currently designed, would effectively apply only to micro-scale traders, since the government has already excluded distributors, wholesalers, brands, importers, exporters, processors, jewelers, and other mid-tier business categories from its scope. This exclusion, he said, leaves the scheme’s weight falling almost entirely on those with the most limited business turnover. While welcoming certain aspects of the proposal, Mir praised the introduction of a simplified tax return form and the government’s broader push to bring traders into a documented economy, stating that traders across the country have no objection to being registered with the Federal Board of Revenue. He described these measures as a positive step in the right direction. However, he firmly opposed the imposition of an annual fixed tax of twenty-five thousand rupees on micro-scale traders, calling it an ill-conceived decision that the Finance…
🔒
Continue readingLogin or create an account to access the complete content.Login / Register
2026 © SLDSYSTEM PK.
All Rights Reserved. Beware of copyright