Tajir Dost Scheme
| | | |

What is the “Tajir Dost Scheme”? Who will be able to Register in this Scheme in 2024?

Tajir Dost Scheme: The scheme gives a 25% discount on monthly advance tax payments if paid in a lump amount, and a 25% discount on monthly advance tax payments for non-filers who submit their tax return for the fiscal year 2023 before the July 15 deadline for the first installment of monthly advance tax. Whole procedure of registration in Tajir Dost Scheme and how to get loan from this Scheme is completely explained in this article. So read it carefully.

You can read also Good News: Maryam Nawaz Rs.630 Billion Solar Panels Scheme for Farmers

Tajir Dost Scheme

In a significant move, the Federal Board of Revenue (FBR) in Islamabad has announced the Tajir Dost Scheme 2024. This initiative aims to incorporate small shops and merchants into the tax system, in line with the government’s goal of increasing income generation and formalizing organizations across the country. Read also

Alert! Is 8172 is a Wrong Code for Ehsaas Program New Update 2024?

Registering Traders and Shopkeepers

Under the Tajir Dost Scheme, all merchants and shopkeepers operating from fixed commercial premises, as well as offices, warehouses, stores, and similar facilities inside civil borders, such as cantonments, are required to register. This registration system was launched on April 1, 2024.Tajir Dost Scheme

Introducing in 6 Cities

The software was initially introduced in six major cities: Islamabad, Rawalpindi, Karachi, Lahore, Quetta, and Peshawar, and it is set to expand. Monthly development tax repayments under the Tajir Dost Scheme will begin on July 1, 2024, with the first price cut-off date scheduled for July 15, 2024. A Payment Slip ID (PSID) will be generated via the FBR’s online portal or the Tajir Dost module, allowing for convenient payments through a dedicated computerized system. According to a non-public information station, subsequent payments are due on the fifteenth of each following month.Tajir Dost Scheme

Join our WhatsApp Group

Tax Facilitation Centers of FBR in 2024

For those looking to register, the FBR’s Tax Facilitation Centers are unique sites. The deadline for registration under the plan is April 30, 2024. Eligible individuals who do not register by the deadline risk being enrolled in the plan by the Commissioner of Inland Revenue. Additionally, candidates can post their registration requests on the Federal Board of Revenue’s website.

It is important to note that the Tajir Dost Scheme, 2024, applies to merchants and shopkeepers who operate from a fixed location of business, such as a shop, store, warehouse, office, or similar physical area within the territorial civil limits, which include cantonments in Karachi, Lahore, Islamabad, Peshawar, Quetta, and Rawalpindi.

Key Points

The Tajir Dost Scheme 2024 is a significant step toward integrating small outlets and traders into the formal tax system, resulting in increased income technology for the government. With its start in six major cities and the option for online registration, the plan aims to streamline tax strategies and legalize businesses across Pakistan.

FAQs ( Frequently Asked Questions)

In which 6 cities will the program start?

Applications are open for Karachi, Lahore, Islamabad, Peshawar, Quetta and Rawalpindi.

What are the requirements of the program?

The project requires registration of all traders and retailers in fixed workplaces, offices, warehouses, shops and similar places in public areas, including camping areas.

 

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *