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Tajir Dost Scheme; FBR Revealed Tax Rates in Major Cities

  • July 30, 2024
  • Posted by: Muhammad Afzaal
  • Category: RBS News
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FBR Revealed Tax Rates in Major Cities

Pakistan, July 26, 2024: The Federal Board of Revenue (FBR) has revealed the monthly tax rates for shops in Lahore, Karachi, and Islamabad. In an effort to streamline tax collection and maximize revenue from the major cities, the FBR has included small and medium-sized retailers in the tax net.

In the initial step, FBR teams categorized the small businesses according to their size and monthly revenue. The results-driven are used to set the tax rate. Here are the details;

FBR Revealed Tax Rates for Shops in Major Cities

Also Read: FBR Integrates Nearly 9,000 Big Retailers Into POS System

1. Islamabad

  • Jinnah Super Market (F-7): PKR 60,000
  • Super Market (F-6 Ground Floor): PKR 60,000
  • Super Market (F-6 Other Floors): PKR 30,000
  • Melody Market (Ground Floor): PKR 60,000
  • Melody Market (Backside Shops): PKR 45,000
  • Bahria Enclave (Sectors A, B, C) and Sectors H, G: PKR 60,000

2. Karachi

  • MA Jinnah Road, Market Quarters, Marriot Road: PKR 60,000
  • Bath Island (Facing Khayaban-e-Iqbal Road): PKR 60,000
  • Bhori Bazaar, Burns Road, Bombay Bazaar: PKR 60,000
  • Clifton Quarters (excluding Shireen Jinnah Colony and Clifton Block-I): PKR 60,000
  • Commissioner Society, Humayun Street (DHA Phase VII Extension and VIII-Extension): PKR 45,000
  • Defence Housing Authority Phases I-VIII (excluding Commissioner Society and Humayun Street): PKR 60,000
  • II Chundrigar Road, Dehli Mercantile: PKR 60,000
  • Joria Bazaar, Junna Market, KDA Office Housing Society, KDA Scheme No 1 and 1A, Kagzi Bazaar: PKR 60,000
  • Karachi Administrative Cooperative Housing Society and Cooperative Housing Society: PKR 45,000

3. Lahore

  • Shahalam Gate (E-Ward), Ravi Town: PKR 60,000
  • Montgomery Road, Data Gunj Buksh Town: PKR 30,000
  • Rangmahal Main (E-Ward), Ravi Town: PKR 60,000

4. Sialkot

  • Al-Fatah Market on Main Road, Daska; Bank Road (Front), Daska; Bano Bazaar; Bansanwala Bazaar: PKR 20,000
  • Main Bazaar Daska on Main Road: PKR 30,000

5. Rawalpindi

  • Adam Ji Road: PKR 60,000

6. Faisalabad

  • Faisalabad City (Chak No 212 RB, Block Karkhana Bazar, Montgomery Bazar, Remaining Commercial Areas): PKR 45,000
  • Jhang Bazar Circular Road, City: PKR 45,000
  • Jhang Bazar GoleKaryana/Lakarwala, City: PKR 45,000
  • D-Ground Peoples Colony Shop, Big D-Ground Peoples Colony: PKR 45,000

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