Federal Board of Income (FBR) dealer pleasant scheme has failed to attain the specified outcomes, there’s a chance of extending the date for registration, for the way lengthy the extension needs to be determined by the Chairman FBR after consulting the Prime Minister. will
Underneath the Dealer Pleasant Scheme, the federal government had deliberate to carry greater than 30 lakh retailers into the tax internet.
Based on sources, immediately was the final day of the FBR scheme, solely 200 merchants registered until yesterday.
Based on FBR sources, merchants have expressed their disinterest in registering within the authorities scheme.
Based on the sources, the variety of registrations beneath the Dealer Good friend Scheme may be very low, solely 200 merchants have come ahead until yesterday.
Based on FBR sources, the federal government had deliberate to result in 3.1 lakh retailers into the tax internet, and on this regard, the businessmen of Karachi, Lahore, Peshawar, Rawalpindi, Quetta and Islamabad had been given registration facility.
Based on the sources, the trader-friendly scheme was utilized to merchants and shopkeepers and the minimal advance tax was mounted at Rs 1,200.
Based on FBR sources, the deadline for the primary assortment of month-to-month advance revenue tax has been mounted on July 15, 2024.
Based on the sources, beneath the scheme, after July 15, the gathering shall be on the 15th of each month, whereas merchants have been given a 25% low cost for paying the tax for the entire yr in a single lump sum.
Based on sources, FBR can even give a 25% low cost on the submission of returns for the yr 2023 beneath the businessman-friendly scheme.
Based on sources, the scheme has been utilized to small merchants, shopkeepers, wholesalers, retailers, manufacturers-cum-retailers, importer-cum-retailers.
Based on FBR sources, merchants and shopkeepers have been given the chance to register on the cellular app or the FBR net portal, the scheme has not been utilized to nationwide degree or worldwide chain shops.
