Islamabad – The Federal Board of Revenue (FBR) has initiated crucial discussions with traders to address concerns surrounding the advance tax under the Tajir Dost Scheme. The scheme, aimed at streamlining tax collection from business outlets and retail shops across the country, has met with resistance from the trading community, who are demanding significant changes to the current tax valuation tables. In a meeting held at the FBR House on Tuesday, a joint committee comprising members from both the FBR and the traders’ community reviewed the valuation tables that are being used to determine the fixed monthly advance tax. The meeting was attended by key FBR officials, including the Chairman, the Member Inland Revenue Policy, and the Member Inland Revenue (Operations). On the traders’ side, notable participants included Ajmal Baloch, President of All Pakistan Anjuman-e-Tajran, and other prominent leaders such as Kashif Chaudhry and Sharjeel Mir. The traders have expressed strong opposition to the existing valuation tables, urging the FBR to withdraw them. They argue that the current method of tax assessment is not only burdensome but also fails to reflect the ground realities of various businesses across different regions. In response, the FBR has asked the traders to propose alternative methods for tax collection that would be fair and feasible for both sides. During the meeting, both parties reviewed the valuation tables of different cities and took note of the amendments proposed by the committee. This collaborative…