Govt unveils simplest-ever tax scheme for small shopkeepers
MG News | August 25, 2026 at 09:37 AM GMT+05:00
August 25, 2026 (MLN): The Federal Board of Revenue (FBR) held a follow-up awareness session on the Small Shopkeepers Scheme at its headquarters in Islamabad, with Minister of State for Finance Bilal Azhar Kayani engaging traders and other participants both in person and virtually.
The session focused on the key features of the Retailer
Scheme, including simplified registration, flexible payment options and an
operational framework aimed at making tax compliance easier for small
retailers.
Addressing the participants, Bilal Azhar Kayani described
the initiative as the simplest scheme introduced in the country's history and
said it had been developed in line with the vision and instructions of the
Prime Minister.
He termed it a significant opportunity for traders to become
part of the formal economy, fulfill their national responsibilities and
contribute to economic growth.
FBR Chairman Rashid Mahmood Langrial reaffirmed the
government's commitment to facilitating small shopkeepers, highlighting that
retailers can register under the scheme and discharge their tax liability by
paying a 1% turnover tax.
He said registered retailers would receive maximum
facilitation, while green plates issued under the scheme would help protect
compliant businesses from unnecessary scrutiny by tax officials. He added that
action under the law would be taken against traders who remain unwilling to
comply.
Participants were also given a live demonstration of FBR's digital system, including the dedicated web portal and mobile applications available for iOS and Android.
A question-and-answer session was held to
address concerns regarding registration and tax calculation.
Trade representatives welcomed the simplified digital process and reiterated their support for the scheme.
The session was attended
by senior FBR officials and representatives of the trader community, including
Ajmal Baloch, President of the All Pakistan Anjuman-e-Tajiran, and Muhammad
Kashif Chaudhary, President of Markazi Tanzeem-e-Tajiran Pakistan.
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