FBR to Ease Registration for Retailers Under Tajir Dost Scheme

PM Shehbaz Sharif Forms Committee to Address Concerns

In a move to boost participation in the Tajir Dost Scheme, Prime Minister Shehbaz Sharif has established a committee to tackle registration challenges faced by retailers and traders.

Addressing Bottlenecks:

• The committee comprises key officials from the FBR, Ministry of Finance, and Ministry of Commerce.
• The committee will address concerns raised by the business community regarding the registration process.
• Prime Minister Sharif met with Naeem Mir, Chief Coordinator of the Tajir Dost Scheme, to discuss implementation hurdles.

Business Community Concerns:

• Retailers are hesitant to register due to unclear tax payment procedures and technical/legal issues.
• The government aims to tax high-income earners and potential taxpayers, but assures businesses of addressing their concerns.

Proposed Solutions:

• A dedicated committee will be formed to tackle tax payment issues faced by traders.
• Naeem Mir has conveyed business community concerns to the Finance Minister.

Business Community Response:

• The business community appreciates the government's efforts to improve the business environment and tax policies.
• They express support for initiatives promoting investment and economic growth.

Tajir Dost Scheme Registration:

• Muhammad Naeem Mir is tasked with registering 3 million retailers nationwide.
• A meeting with relevant secretaries is scheduled to streamline the registration process.
• Despite the launch of the Tajir Dost App, only 75 retailers have registered so far.
• Finance Minister Aurangzeb encourages businesses to utilize the app for registration and improved business operations.

Looking Ahead:

The formation of this committee and focus on addressing business concerns signals the government's commitment to a smoother registration process for the Tajir Dost Scheme. Increased participation from retailers could significantly improve tax collection and contribute to Pakistan's economic growth.

This article was published at Pakistan Eases Registration for Retailers in “Tajir Dost” Scheme