retailers Archives - Pkrevenue.com

FBR to catch retailers through high-value transactions

June 7, 2026June 7, 2026Faisal Shahnawaz

IMF urges Pakistan to expand retailer registration and restrict certain transactions to tax filers ISLAMABAD: The Federal Board of Revenue (FBR) is set to intensify efforts to bring undocumented retailers into the tax net by monitoring high-value transactions under a newly introduced retailer registration scheme, sources said.

Retailers bleed Rs200 billion in just 15 days over early shop closure

April 23, 2026April 23, 2026Hamza Shahnawaz

KARACHI, April 23, 2026 – The retailers have raised alarm over significant financial losses, estimating a Rs200 billion hit within just two weeks due to early shop closure policies, according to the Chainstore Association of Pakistan (CAP).

FBR to Unveil Fixed Tax Rates for Traders and Retailers

July 12, 2024July 12, 2024Mrs. Anjum Shahnawaz

Islamabad: The Federal Board of Revenue (FBR) is set to announce a new, simplified tax system tailored for traders, shopkeepers, and retailers in 42 Pakistani cities. This initiative aims to replace the existing complex square-footage based tax system with a more straightforward flat tax rate determined by shop location and category.

Retailers Get Relief from Tax Integration in Pakistan

March 23, 2024March 23, 2024Shahnawaz Akhter

Karachi, March 23, 2024 – The retail sector in Pakistan is set to receive a significant boost as the Federal Board of Revenue (FBR), the country’s apex tax authority, announced a series of incentives aimed at providing relief to retailers from mandatory online integration with tax authorities.

FBR Discovers Non-Filer Retailers in Door-to-Door Campaign

January 20, 2024January 20, 2024Shahnawaz Akhter

Karachi, January 20, 2024 – The Federal Board of Revenue (FBR) has unveiled plans to launch a door-to-door campaign targeting non-filer retailers.

Lahore Chamber Advocates Tax Relief for Retailers

January 7, 2024January 7, 2024Mrs. Anjum Shahnawaz

Lahore, January 7, 2024 – The Lahore Chamber of Commerce and Industry (LCCI) has called upon tax authorities to provide much-needed relief to retailers, citing concerns over recent policy changes.

Sales Tax Act Grants FBR Authority to Disconnect Electricity and Gas for Defaulting Retailers

November 15, 2023November 15, 2023Shahnawaz Akhter

Islamabad, November 15, 2023 – The Sales Tax Act of 1990 has conferred the authority upon the Federal Board of Revenue (FBR) to discontinue electricity and gas connections for retailers found in default of their tax obligations.

FBR Targets Retailers Transactions to Widen Tax Base

October 5, 2023October 5, 2023Shahnawaz Akhter

Karachi, October 5, 2023 – The Federal Board of Revenue (FBR) in Pakistan has taken a significant step to expand the tax base by obtaining transaction records of retailers operating in the country. Sources within the FBR have revealed that this move is part of a broader effort to bring more businesses within the tax […]

Sales Tax Rate Increased to 15% for Tier-1 Retailers of Textile Products

July 22, 2023July 22, 2023Shahnawaz Akhter

Karachi, July 22, 2023 – In a move aimed at generating additional revenue and streamlining the tax structure, the Federal Board of Revenue (FBR) has announced an enhancement in the sales tax rate for Tier-1 retailers of finished fabrics and articles of textile leather, among other materials.

FBR receives suggestion to introduce fixed tax regime for small retailers

May 28, 2023May 28, 2023Faisal Shahnawaz

The Federal Board of Revenue (FBR) in Pakistan has received a proposal from the Institute of Chartered Accountants of Pakistan (ICAP) suggesting the implementation of a fixed tax regime for small retailers.

Tag: retailers