Presentation On Tajir Dost Scheme 2024

TAJIR
DOST
SCHEME
Maliha Noor (BSAF22-023)

Alishba Iqbal (BSAF22-059)
Sana Waqar (BSAF22-011)
Noor Maryam (BSAF22-54)
Mahnoor Aleem (BSAF22-
013)
Introduction:
The Tajir Dost Scheme is a tax initiative by the Federal Board of Revenue (FBR)
•SRO 420 (I)/2024, leveraging Section 99B of the Income Tax Ordinance, 2001
•Aimed at bringing small traders into the tax net to broaden the tax base
Overview of the Scheme
01 Document the economic activities of small traders
02 All small traders and professionals are required to

register, goal of expanding the tax net.
03 Facilitates small traders in becoming part of the

formal economy,
Timeline
July 15, 2024

First Advance Tax Due
July 1, 2024
Commencement Date
April 30, 2024

Registration Deadline
April 1, 2024
Registration Start Date
Goals & Objectives
Enhancing Tax Compliance
Formalizing the Economy
Incentivizing Registration
Facilitating Traders
Discounts
Advance Tax Payment Payment Discount

Discount Offered
Payment Option Date Offered
Paid in lump sum Monthly Monthly (12

before due date
25% Discount No Discount
Advance Tax payments)
Non-filers submitting
tax return for 2023 25% Discount Lump Sum
Payment
July 15, 2024 50% Discount
before July 15
Penalties
Penalties under
section 182 of the
income ordinance
2001
Failure to register Non-Compliant Minimum Annual

before April 30 Individuals Advance Tax
Cities
● The Tajir Dost Scheme has been launched in Islamabad, Rawalpindi, Karachi, Lahore,
Quetta, and Peshawar.
● The selection of the six cities is based on:
1.Economic Activity
2.Political Consideration
3.Future Expansion
Categories
Furniture and decoration
showrooms
Jewelers and cosmetics Retailers
stores
Grocery store
Medical and hardware
Wholesalers stores
Meat shops
Vegetable and fruit
outlets
Motor vehicle
showrooms Specific Business Types
Dealers of fertilizer,
pesticide, and chemicals
Advance tax
• Advance Tax Payment

1 • Tax year
• Adjustment with Final Tax Return

2 • Minimum Advance Tax
3 Payment Schedule
Modes Of Registration
Tax Asaan app
MODES FBR portal
Facilitation center
Registration Via
App
Download and Open tax asaan app
Click on the feature of “TAJIR DOST”

Registration Via
App
Fill the following requirements:
 CNIC
Service Provider
Cell Number
After filling the requirements,

a verification code will be received
Registration Via
App
Provide all the necessary information
regarding your business:
1. Business Name
2. Main Business activity
3.Electricity Consumer Number
4.Business Address
5. City
Registration Via
App
Registration has been done
successfully.
 Now to login enter
 CNIC/NTN
 Password
Registration Via
Portal
To register for tajir dost scheme
through FBR portal open their website
https://iris.fbr.gov.pk/
Registration Via
Portal
Provide all the required information
i.e Basic and address
Registration Via Facilitation Centres
Karachi
Lahore
Islamabad
Rawalpindi
Quetta
Peshawar
REASONS FOR GOVERNMENT INITIATIVE
PTA’s rejection of SIM blocking proposal
IMF’s call for tax recovery
Govt. expenditures remain unchanged
Govt. facing revenue generation challenges

Task Force
 Government has created a task force.
01 Inform traders about TDS
TASK
FORCE
02 Register the traders

Broadening of Tax Base (BTB) Form / Intimation
Sanctions
4
3
FBR is authorized to
2 FBR can seal the arrest the trader
business premises.
FBR can take over
1 the Business
0.1% of tax payable
of each default date
OR
1000 rupees of each
day of default
Contribution to GDP of Various Sectors (2022)
Other
5% Agriculture
22%
Services
52% Industry
21%
Agriculture Industry Services Other
Share of WRT in GDP

PAKISTAN GDP IN 2022 was $374.70 Billion and ranked at 161st in 2023 according to IMF
Tax-To-GDP Ratio
Non Filers
8%
Filers
92%
Filers and non-Filers Retailers

Only 8% of the total retailers are filling returns
Point of Sale Invoicing System
1 2
Beginning Brief
Real time system
Commencement
for documentation
on 1st November
of sales system to
2019
FBR
Track and Trace System (TTS)
Tobacco, sugar,
Commenced on
1st July, 2021 Date Sectors cement, fertilizers
and beverages
company, consortium
FBR has issued or JV Possessing
S.R.O. 250(I)/2019 turnover of $ 50Mn in
to amend the Sales S.R.O TTS Criteria any of last three years
Tax Rules, 2006 or financial worth of $
25Mn to get license
To enhancing tax
track, monitor the
revenue, reducing
production using
counterfeiting and Objective Overview modern
preventing the
technologies
smuggling
THANK YOU :))
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TAJIR

Maliha Noor (BSAF22-023)

01 Document the economic activities of small traders

02 All small traders and professionals are required to

03 Facilitates small traders in becoming part of the

July 15, 2024

April 30, 2024

Enhancing Tax Compliance

Formalizing the Economy

Advance Tax Payment Payment Discount

Paid in lump sum Monthly Monthly (12

Failure to register Non-Compliant Minimum Annual

● The selection of the six cities is based on:

• Advance Tax Payment

• Adjustment with Final Tax Return

Tax Asaan app

MODES FBR portal

Click on the feature of “TAJIR DOST”

After filling the requirements,

 Now to login enter

PTA’s rejection of SIM blocking proposal

IMF’s call for tax recovery

Govt. expenditures remain unchanged

Govt. facing revenue generation challenges

01 Inform traders about TDS

02 Register the traders

Agriculture Industry Services Other

Share of WRT in GDP

Filers and non-Filers Retailers

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