FBR sets Rs25,000 annual tax for traders under Tajir Dost Scheme

August 11, 2026 (MLN): Traders opting to file their annual tax returns under the Tajir Dost Scheme will be required to pay Rs25,000, while those filing regular tax returns will not face any additional restrictions, according to Federal Board of Revenue (FBR) Sargodha Regional Chief Commissioner Noreen Yaqoob.

Speaking to traders in Sargodha, Noreen Yaqoob said the FBR was undertaking tax reforms aimed at simplifying the system and improving transparency for the business community, according to APP.

She said the tax authority was also working on a modern database system designed to improve the efficiency of tax administration and facilitate taxpayers.

Noreen Yaqoob assured traders that the FBR would provide guidance and support on tax-related matters, adding that officials would assist businesses in resolving issues associated with taxation and compliance.

She also highlighted the importance of Point of Sale (POS) systems for modern businesses. Despite the passage of more than two years, some traders had yet to install or activate the required POS machines, she noted.

FBR Commissioner Inland Revenue Azmat Ranjha said awareness seminars would be conducted for traders to explain the Tajir Dost Scheme, including its benefits, registration process and compliance requirements.

FBR teams would also visit markets and bazaars to directly brief traders about the scheme and facilitate their registration, he added.

Meanwhile, Sargodha Chamber of Small Traders and Small Industries President Muhammad Hassan Yousaf urged the authorities to introduce business-friendly policies and simplify tax procedures to make the system easier for traders to understand and follow.

Copyright Mettis Link News