The Federal Board of Revenue (FBR) has reassured retailers that their genuine concerns regarding the Tajir Dost Scheme will be addressed amicably, despite refusing to withdraw the initiative. According to PressTonight, FBR Chairman Rashid Mahmood Langrial invited retailers to a meeting at the board headquarters, aiming to persuade them to avoid the nationwide strike announced for Wednesday.
However, retailers who are firmly against the scheme chose not to attend the meeting. The Tajir Dost Scheme, which aims to tax retailers based on the value of their shops, has struggled to gain significant traction. While registrations have surpassed 150,000, the total amount collected remains negligible, at less than Rs 0.1 million. The FBR expanded the scheme from 6 to 42 cities, imposing a tax ranging from Rs 100 to Rs 60,000, depending on the shop’s value.
