New fixed tax scheme from July 1: 100,000 small shopkeepers, retailers to avail benefits

ISLAMABAD: Around 100,000 small shopkeepers and retailers across Pakistan will contribute Rs 25,000 each to avail the benefits of the new fixed tax scheme from July 1, 2026.

The Federal Board of Revenue’s (FBR) top Member Dr Hamid Ateeq Sarwar Monday informed the National Assembly Standing Committee on Finance that the government would persuade 3.5 million small shopkeepers to look into this matter and lure them to come into the tax net. “We will initially target almost 100,000 retailers for contributing at least Rs 25,000 to avail this scheme,” he said, and added that there would be no audit until and unless a massive discrepancy was found for having luxury vehicles and plots in the Defence Housing Authority.

No tax official in the field formation can visit or raid the shop to which a specific “number plate” has been allocated by the FBR under the scheme.

He added that the government would target 100,000 small retailers at the first stage. On the super tax, he said that the higher income earners exceeding Rs 500 million would have an revenue impact of Rs 400 billion.

Copyright Business Recorder, 2026