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Reading: FBR Implements Monthly Tax for Small Shopkeepers Across 42 Cities
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PhotoNews Pakistan > Business > FBR Implements Monthly Tax for Small Shopkeepers Across 42 Cities
Business

FBR Implements Monthly Tax for Small Shopkeepers Across 42 Cities

Web Desk
By Web Desk Published July 24, 2024 2 Min Read
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Photo Courtesy: Pro Pakistani
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The Federal Board of Revenue (FBR) has introduced a fixed monthly tax for small shopkeepers and retailers, ranging from 100 rupees to over 20,000 rupees. The tax applies to those registered in 42 major and minor cities nationwide.

According to the FBR notification, shopkeepers’ tax amounts will be determined based on their shop’s location. This new monthly tax scheme, outlined in the SRO, will take effect in July.

The cities included in this scheme are:

Sr No.City Name
1Abbottabad
2Attock
3Bahawalnagar
4Bahawalpur
5Chakwal
6Dera Ismail Khan
7D.G. Khan
8Faisalabad
9Ghotki
10Gujranwala
11Gujrat
12Gwadar
13Hafizabad
14Haripur
15Hyderabad
16Islamabad
17Jhang
18Jhelum
19Karachi
20Kasur
21Khushab
22Lahore
23Larkana
24Lasbela
25Lodhran
26Mandi Bahauddin
27Mansehra
28Mardan
29Mirpur Khas
30Multan
31Nankana
32Narowal
33Peshawar
34Quetta
35Rahim Yar Khan
36Rawalpindi
37Sahiwal
38Sargodha
39Sheikhupura
40Sialkot
41Sukkur
42Toba Tek Singh

Under this scheme, any person owning a shop of 50 square feet or less in a commercial area or a temporary shop, stall, kiosk, or small shop not exceeding 5 × 3 square feet will be subject to an annual fixed advance tax of 1,200 rupees.

The monthly tax instalment encompasses wholesalers, dealers, distributors, retailers, manufacturer-cum-retailers, importer-cum-retailers, or anyone combining retail and wholesale activities with any other business activity.

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