Karachi traders have called a meeting on April 3 (Wednesday) to discuss the new Tajir Dost registration scheme of the Federal Board of Revenue (FBR).
According to Mahmood Hamid President of small traders Karachi, the government has introduced the compulsory registration scheme for small traders at a critical time when prices of petroleum products, gas, and electricity have been increased. In this situation, the new tax would create further complications for the traders’ community.
Under the new scheme, the FBR has divided traders into different categories for collection of tax based on the value of shops.
He said that the FBR has ended the Universal Self-Assessment Scheme (USAS) for traders and issuance of a new SRO would create problems for the traders’ community in the prevailing business environment and cost of doing business.
In this regard, a meeting will be held at the small traders’ Secretariat to chalk out a future strategy to deal with the issue of trader registration.
Follow ProPakistani on Google News & scroll through your favourite content faster!
Support independent journalism
If you want to join us in our mission to share independent, global journalism to the world, we’d love to have you on our side. If you can, please support us on a monthly basis. It takes less than a minute to set up, and you can rest assured that you’re making a big impact every single month in support of open, independent journalism. Thank you.
Jo karna hai IMF nay karna hai,
FBR nay oun kay ehkamat par sirf ab aml karna hai.
MYGST-SORE it will help me in my small business i live it