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 |
---|---|
1 | Abbottabad |
2 | Attock |
3 | Bahawalnagar |
4 | Bahawalpur |
5 | Chakwal |
6 | Dera Ismail Khan |
7 | D.G. Khan |
8 | Faisalabad |
9 | Ghotki |
10 | Gujranwala |
11 | Gujrat |
12 | Gwadar |
13 | Hafizabad |
14 | Haripur |
15 | Hyderabad |
16 | Islamabad |
17 | Jhang |
18 | Jhelum |
19 | Karachi |
20 | Kasur |
21 | Khushab |
22 | Lahore |
23 | Larkana |
24 | Lasbela |
25 | Lodhran |
26 | Mandi Bahauddin |
27 | Mansehra |
28 | Mardan |
29 | Mirpur Khas |
30 | Multan |
31 | Nankana |
32 | Narowal |
33 | Peshawar |
34 | Quetta |
35 | Rahim Yar Khan |
36 | Rawalpindi |
37 | Sahiwal |
38 | Sargodha |
39 | Sheikhupura |
40 | Sialkot |
41 | Sukkur |
42 | Toba 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.