AGL 38.00 Decreased By ▼ -0.25 (-0.65%)
AIRLINK 136.45 Decreased By ▼ -2.52 (-1.81%)
BOP 5.44 Decreased By ▼ -0.01 (-0.18%)
CNERGY 3.80 Increased By ▲ 0.01 (0.26%)
DCL 7.50 Decreased By ▼ -0.07 (-0.92%)
DFML 45.41 Decreased By ▼ -0.74 (-1.6%)
DGKC 78.52 Increased By ▲ 0.41 (0.52%)
FCCL 28.89 Decreased By ▼ -0.21 (-0.72%)
FFBL 57.00 Decreased By ▼ -0.10 (-0.18%)
FFL 9.27 Increased By ▲ 0.57 (6.55%)
HUBC 96.80 Decreased By ▼ -5.02 (-4.93%)
HUMNL 13.40 Decreased By ▼ -0.85 (-5.96%)
KEL 3.77 Decreased By ▼ -0.05 (-1.31%)
KOSM 7.28 Decreased By ▼ -0.12 (-1.62%)
MLCF 37.80 Decreased By ▼ -0.55 (-1.43%)
NBP 67.50 Decreased By ▼ -2.00 (-2.88%)
OGDC 167.52 Decreased By ▼ -2.50 (-1.47%)
PAEL 25.10 Decreased By ▼ -0.55 (-2.14%)
PIBTL 6.70 Increased By ▲ 0.10 (1.52%)
PPL 131.50 Decreased By ▼ -2.08 (-1.56%)
PRL 26.40 Increased By ▲ 1.40 (5.6%)
PTC 15.10 Decreased By ▼ -0.44 (-2.83%)
SEARL 62.25 Decreased By ▼ -1.58 (-2.48%)
TELE 7.00 Increased By ▲ 0.05 (0.72%)
TOMCL 36.23 Decreased By ▼ -0.75 (-2.03%)
TPLP 7.88 Increased By ▲ 0.18 (2.34%)
TREET 14.00 Increased By ▲ 0.04 (0.29%)
TRG 44.55 Decreased By ▼ -0.42 (-0.93%)
UNITY 25.85 Increased By ▲ 0.45 (1.77%)
WTL 1.22 No Change ▼ 0.00 (0%)
BR100 9,143 Decreased By -61.6 (-0.67%)
BR30 27,326 Decreased By -391.2 (-1.41%)
KSE100 85,585 Decreased By -620.2 (-0.72%)
KSE30 26,984 Decreased By -252.2 (-0.93%)

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a committee comprising chairman Federal Board of Revenue (FBR), the secretary finance and secretary Ministry of Commerce to address issues, raised by business community, hindering the implementation of the Tajir Dost Scheme.

It is learnt that the bottlenecks in the implementation of the scheme were discussed during a meeting between Prime Minister Shehbaz Sharif and Naeem Mir as the Chief Coordinator of Tajir Dost Scheme-2024 on Saturday.

Mir is the chairman of the Supreme Council of All Pakistan Anjuman-e-Tajiran and will oversee the facilitation of retailers and wholesalers for the successful implementation of the scheme.

Tajir Dost Scheme: First phase limited to only registration: FBR

The representatives of the business and trade community conveyed to the Prime Minister that traders and shopkeepers are ready for registration, but the real issue is the payment of taxes. The technical and legal issues need to be resolved.

Reportedly, the Prime Minister expressed his commitment to tax the rich and potential taxpayers but was ready to hear the concerns of the businessmen and traders.

He emphasized the government’s commitment to address the concerns and promote the interests of traders and businessmen across the country.

A committee has been suggested comprising the Secretary Ministry of Finance, Secretary Commerce and Secretary of Revenue Division to resolve the tax payment issues of the traders/shopkeepers.

Naeem Mir conveyed the concerns and suggestions of the business community to the finance minister, highlighting the challenges faced by traders and businessmen in Pakistan.

He also appreciated the government’s efforts in creating a conducive business environment, streamlining taxation policies, and promoting investment opportunities to foster economic growth and prosperity.

He further assured of the solidarity of the business community regarding their participation in the Tajir Dost App.

Federal Board of Revenue (FBR) had appointed Muhammad Naeem Mir as the Chief Coordinator of Tajir Dost Scheme-2024 for registration of three million retailers/shopkeepers across the country.

It is expected that the meeting of the Chief Coordinator of Tajir Dost Scheme with Secretary Revenue Division, Secretary Finance and Secretary Commerce will be held next week.

Till April 30, 2024, the FBR registered only 75 retailers and shopkeepers.

Finance Minister Muhammad Aurangzeb has repeatedly requested the business community to register under the recently launched “Tajir Dost App”, designed specifically to support and facilitate the needs of the business community.

Copyright Business Recorder, 2024

Comments

Comments are closed.

T May 12, 2024 06:39am
zero outcome expected.
thumb_up Recommended (0)
KU May 12, 2024 10:08am
Billion rupee monthly earnings but tax avoidance by businesses/retailers is a simple case of dishonest patronised by specialist in dishonesty, mostly know as the parallel economy or black economy.
thumb_up Recommended (0)