• About Us
  • Contact Us
  • Cookies Policy
  • Terms of Use
  • Affiliate Disclosure
Saturday, October 24, 2026
  • Login
Imroze Pakistan
  • Home
  • National
  • International
  • Business
  • Sports
  • Entertainment
  • Blog
No Result
View All Result
  • Home
  • National
  • International
  • Business
  • Sports
  • Entertainment
  • Blog
No Result
View All Result
Imroze Pakistan
No Result
View All Result
FBR Member Inland Revenue Zubair Bilal speaks to small traders during an Aasan Tax Return awareness session in Karachi.

FBR Offers Small Traders a Simpler Route Into the Tax System With Aasan Tax Return

September 8, 2026
0

KARACHI: The Federal Board of Revenue (FBR) has presented Aasan Tax Return as a major opportunity for small traders and shopkeepers to enter Pakistan’s formal tax system through a simpler and more business-friendly process.

Member Inland Revenue (IR) Zubair Bilal described the facility as one of the most liberal tax initiatives introduced for traders in decades. Speaking at an awareness and facilitation session organised by the Karachi Chamber of Commerce & Industry (KCCI), he urged small businesses to take advantage of the simplified mechanism and regularise their tax affairs voluntarily.

Zubair Bilal said his 31 years of service had exposed him to several schemes designed to bring traders into the tax net. However, he said the current initiative stood out because of its relatively simple procedures and trader-friendly approach.

Punjab Land Records Services Now Available for Pakistanis in UAE

The session brought together a large number of small traders, shopkeepers and business representatives. KCCI President Muhammad Rehan Hanif, Senior Vice President Muhammad Raza, Vice President Muhammad Arif Lakhani, Businessmen Group (BMG) Vice Chairmen Anjum Nisar and Jawed Bilwani, Federal Taxation Subcommittee Chairman Abu Bakar Siddique Ahmed Shamsi and other members of the business community attended the event.

Bilal asked traders not to approach the initiative with fear or suspicion. Instead, he encouraged them to view formal tax registration as an opportunity that could provide greater certainty while allowing them to operate their businesses with more confidence.

He said authorities could not achieve sustainable tax compliance through pressure alone. Traders, he argued, needed clear guidance, facilitation and an understanding of how compliance could benefit both their businesses and the country.

Using an example from everyday life, Bilal said people could not effectively motivate others through constant coercion. In the same way, he said, bringing small traders into the tax system required trust and persuasion rather than intimidation.

He urged shopkeepers and market representatives who attended the KCCI session to share information about the facility with fellow traders and encourage them to use the simplified filing mechanism.

Bilal also assured the business community that the tax administration had established a grievance-redressal mechanism to address genuine concerns. He said officials would remain accessible to traders and would work to resolve legitimate difficulties.

He highlighted Karachi’s major contribution to Pakistan’s revenue collection, praising the city’s business community for its role in supporting the national economy. According to Bilal, even a single Large Taxpayers Office in Karachi accounts for roughly one-third of the country’s tax collection, while the city’s overall contribution becomes considerably larger when other tax offices are included.

The FBR official also praised Karachi as a diverse, multicultural and industrious city, saying its business community had demonstrated a strong work ethic and made an exceptional contribution to Pakistan.

Discussing the broader principle of voluntary tax compliance, Bilal said taxpayers should recognise that the revenue they contribute ultimately supports Pakistan and its public needs. He stressed that building trust between tax officials and traders would be crucial to the success of the new initiative.

The simplified system also includes verification features such as QR-code-based checks, allowing taxpayers to verify relevant documentation using their mobile phones. The measure is intended to strengthen transparency and increase confidence in the tax-filing process.

Bilal called on traders attending the KCCI event to become ambassadors for the initiative in their respective markets and help dispel misconceptions surrounding tax compliance.

The awareness session gave small traders an opportunity to interact directly with senior tax officials, learn about the simplified return-filing process and raise concerns about implementation. The strong turnout reflected significant interest among Karachi’s trading community in understanding the new tax facility.

Previous Post

Punjab Land Records Services Now Available for Pakistanis in UAE

Next Post

ITC and Mansha Brothers Showcase Next-Generation Audiovisual Technology in Islamabad

Related Posts

Pakistan Stock Exchange KSE-100 Index falls during Friday morning trading.
Business

PSX Extends Losing Streak as KSE-100 Index Falls 714 Points in Early Trading

October 23, 2026
Japanese yen and US dollar currency market movements amid concerns over AI investment and global economic growth.
Business

Japanese Yen Hits One-Month High as AI Fears Drive Safe-Haven Demand

October 23, 2026
Pakistan Stock Exchange KSE-100 Index rises to 166,180 points at the opening of trading.
Business

PSX Opens Higher as KSE-100 Index Gains 250 Points

October 22, 2026
US dollar banknotes representing global currency markets and investor expectations ahead of central bank interest rate decisions.
Business

Dollar Stabilises as Investors Brace for Major Central Bank Decisions

October 22, 2026
Pakistan Stock Exchange KSE-100 Index rises to around 165,500 in early trading.
Business

PSX Opens Higher as KSE-100 Index Gains 398 Points

October 21, 2026
Pakistan government borrowing and foreign loans during the first quarter of fiscal year 2026-27.
Business

Pakistan Borrows Rs1.514 Trillion in First Quarter of FY2026-27

October 21, 2026
Next Post
ITC and Mansha Brothers representatives showcase next-generation audiovisual, display and lighting technology in Islamabad.

ITC and Mansha Brothers Showcase Next-Generation Audiovisual Technology in Islamabad

Leave a Reply Cancel reply

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

Recent News

Rotary International and Pakistan’s polio eradication campaign promote vaccination, community engagement and protection for children.

Rotary Reaffirms Commitment to End Polio in Pakistan on World Polio Day

October 23, 2026
Five cybersecurity tips for protection against AI-powered hackers, including strong passwords, multi-factor authentication and software updates.

5 Essential Cybersecurity Tips to Protect Yourself From AI-Powered Hackers

October 23, 2026
Greece introduces a social media ban for children under 15 amid growing concerns about online safety and children's well-being.

Greece Approves Social Media Ban for Children Under 15 From 2027

October 23, 2026
Cybersecurity protection measures for PHP website vulnerabilities, including software updates, account security and data protection.

PHP Security Flaws Raise Global Cybersecurity Concerns: How Users Can Protect Themselves

October 23, 2026
Hideki Matsui, the former Yankees slugger known as Godzilla, reportedly set to become head coach of the Tokyo Yomiuri Giants.

Hideki Matsui Reportedly Set to Become Tokyo Yomiuri Giants Head Coach

October 23, 2026

Imroze Pakistan is your trusted digital news platform, delivering timely and credible updates from across Pakistan and around the globe. From breaking headlines to insightful features on politics, economy, society, and international affairs — we aim to inform, engage, and empower our readers with facts that matter.

Gallery

British-Pakistani Shatters A-Level Records with 6 World Titles
British-Pakistani Shatters A-Level Records with 6 World Titles
inDrive Wins Gold at Dragons of Pakistan Awards, Secures Spot in Dragons of Asia Competition
inDrive Wins Gold at Dragons of Pakistan Awards, Secures Spot in Dragons of Asia Competition
Sindh CM Marks Independence Day at KCCI, Announces Major Water Projects
Sindh CM Marks Independence Day at KCCI, Announces Major Water Projects

Popular Post

PM Shehbaz Sharif Unite for a Powerful Partnership: Pakistan and Turkey’s Future Plans Revealed!

PM Shehbaz Sharif Unite for a Powerful Partnership: Pakistan and Turkey’s Future Plans Revealed!

August 3, 2023
“Strategic Synergy: Faraz-ur-Rehman Advocates Industry-Education Collaboration for National Growth”

“Strategic Synergy: Faraz-ur-Rehman Advocates Industry-Education Collaboration for National Growth”

October 27, 2023
UN chief calls for ‘immediate’ ceasefire in Gaza

UN chief calls for ‘immediate’ ceasefire in Gaza

January 16, 2024
  • About Us
  • Contact Us
  • Cookies Policy
  • Terms of Use
  • Affiliate Disclosure

© 2026 Imroze Pakistan - All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • National
  • International
  • Business
  • Sports
  • Entertainment
  • Blog

© 2026 Imroze Pakistan - All Rights Reserved