AGL 37.50 Decreased By ▼ -0.48 (-1.26%)
AIRLINK 223.69 Increased By ▲ 3.69 (1.68%)
BOP 10.98 Increased By ▲ 0.17 (1.57%)
CNERGY 7.64 Decreased By ▼ -0.21 (-2.68%)
DCL 9.56 Increased By ▲ 0.41 (4.48%)
DFML 41.74 Increased By ▲ 0.96 (2.35%)
DGKC 110.10 Increased By ▲ 5.18 (4.94%)
FCCL 37.80 Increased By ▲ 1.22 (3.34%)
FFL 18.20 Increased By ▲ 0.27 (1.51%)
HUBC 134.97 Increased By ▲ 4.08 (3.12%)
HUMNL 15.40 Increased By ▲ 0.73 (4.98%)
KEL 5.55 Decreased By ▼ -0.05 (-0.89%)
KOSM 7.45 Increased By ▲ 0.07 (0.95%)
MLCF 50.20 Increased By ▲ 4.26 (9.27%)
NBP 66.40 Decreased By ▼ -0.52 (-0.78%)
OGDC 228.40 Increased By ▲ 1.14 (0.5%)
PAEL 43.38 Decreased By ▼ -0.47 (-1.07%)
PIBTL 9.26 Decreased By ▼ -0.12 (-1.28%)
PPL 203.55 No Change ▼ 0.00 (0%)
PRL 42.85 Decreased By ▼ -1.47 (-3.32%)
PTC 27.40 Increased By ▲ 0.13 (0.48%)
SEARL 107.00 Increased By ▲ 2.54 (2.43%)
TELE 9.76 Increased By ▲ 0.06 (0.62%)
TOMCL 36.79 Increased By ▲ 1.10 (3.08%)
TPLP 15.30 Decreased By ▼ -0.34 (-2.17%)
TREET 26.57 Decreased By ▼ -1.52 (-5.41%)
TRG 70.00 Decreased By ▼ -0.67 (-0.95%)
UNITY 34.30 Decreased By ▼ -0.24 (-0.69%)
WTL 1.77 Decreased By ▼ -0.01 (-0.56%)
BR100 12,429 Increased By 41.4 (0.33%)
BR30 37,678 Decreased By -1027.5 (-2.65%)
KSE100 117,008 Increased By 1881.2 (1.63%)
KSE30 36,865 Increased By 682.4 (1.89%)

That the Tajir Dost Scheme is not attracting a positive response from traders is a fact that has found its best reflection from a news item carried by this newspaper yesterday. According to which, the Federal Board of Revenue (FBR) has so far registered over 58,000 small traders/new shopkeepers under the Tajir Dost Scheme against the target of 3.2 million.

A senior FBR official is said to have told this newspaper that the monthly tax payments from traders would start from this month (August). Chief Coordinator of the Tajir Dost Scheme Naeem Mir said the Board has projected a collection Rs 50 billion under this head in the current year.

According to him, it is an ambitious target and would require full cooperation of the traders to voluntarily deposit monthly tax payment instalments.

No doubt, the traders have refused to respond to the scheme in a positive manner owing to a variety of factors. In my view, the government must realize by now that it is on a wild goose chase, so to speak.

The government must reach out to traders with a view to addressing their concerns before it successfully persuads them to become part of Tajir Dost Scheme by registering themselves. Using stick alone won’t work; the government must offer them some carrot as well.

Shahid Mir (Lahore)

Copyright Business Recorder, 2024

Comments

Comments are closed.