Over 58,000 traders registered against 3.2m target

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 told Business Recorder that the monthly tax payments from traders would start from this month (August).

Talking to Business Recorder here on Monday, Chief Coordinator of the Tajir Dost Scheme Naeem Mir said the Board has projected total collection Rs 50 billion under this head in the current year.

Mir said that it is an ambitious target and would require full cooperation of the traders to voluntarily deposit monthly tax payment instalments.