Pakistan, July 15 -- The Federal Board of Revenue (FBR) has released a draft of a new fixed tax scheme for small shopkeepers, aiming to expand Pakistan's tax base by bringing more than three million retailers into the tax net during the current fiscal year.

Issued through SRO 1109(I)/2026, the proposed scheme has been introduced under Section 99B of the Income Tax Ordinance, 2001. The FBR has invited stakeholders to submit objections and suggestions within seven days of the draft's publication in the official Gazette before the procedure is finalised.

Under the proposed framework, the scheme will apply to individual retailers whose annual turnover does not exceed Rs200 million. Eligible shopkeepers will have the option to pay a fixed in...