Thursday, 08 December 2022, 04:18:41 am
Govt taking steps to satisfy small traders with new tax law: Miftah
August 01, 2022

Minister for Finance and Revenue Miftah Ismail says the government is taking steps to satisfy the small traders with the new tax law. 

In a tweet, he said Prime Minister Shehbaz Sharif has already instructed him to ensure that small traders are completely satisfied with the new tax law.

The Finance Minister said in order to satisfy the small traders, the government will exempt shops with bills of less than 150 units from this tax.

He said the government will charge three thousand rupees even to those shopkeepers who are not registered with FBR.

Miftah Ismail said the tax paid will be full and final and no tax notice will be issued to shopkeepers nor FBR officers will visit their shops.