Pakistan, July 28 -- The Federal Board of Revenue (FBR) has issued the special procedure for the Retailers Fixed Tax Scheme for Tax Year 2026, outlining eligibility criteria and exemptions for small and medium-sized retailers across Pakistan.

Read More: FBR unveils fixed tax plan for small shopkeepers

According to the FBR notification, the scheme applies to individuals earning income through retail shops with an annual turnover of up to Rs200 million. The initiative aims to simplify tax compliance for eligible retailers by providing a fixed taxation framework instead of more complex assessment procedures.

However, the scheme excludes several categories of taxpayers. Owners of multiple retail outlets, Tier-1 retailers and certain profes...