Federation of Pakistan Chambers of Commerce welcomes fixed tax scheme for small traders
FPCCI President Atif Ikram Sheikh welcomes Pakistan's proposed fixed tax scheme for small traders, calling it a step toward documenting the economy and reducing tax disputes
Haris Zamir
Business Editor
Experience of almost 33 years where started the journey of financial journalism from Business Recorder in 1992. From 2006 onwards attached with Television Media worked at Sun Tv, Dawn Tv, Geo Tv and Dunya Tv. During the period also worked as a stringer for Bloomberg for seven years and Dow Jones for five years. Also wrote articles for several highly acclaimed periodicals like the Newsline, Pakistan Gulf Economist and Money Matters (The News publications)
The Federation of Pakistan Chambers of Commerce and Industry has welcomed the government's proposed fixed tax scheme for small traders, saying it could help document the economy, reduce tax disputes, and provide relief to small and medium-sized businesses.
FPCCI President Atif Ikram Sheikh urged the government to consult the business community before finalizing the scheme.
What is the proposed fixed tax scheme for small traders?
The government is considering a fixed tax scheme for small traders as part of broader efforts to improve tax compliance, simplify procedures, and expand the tax net in the upcoming federal budget for fiscal year 2026-27.
The scheme, formally known as the FBR Tajir Dost Scheme, features a streamlined online registration process and a predetermined flat tax rate designed to minimize complex accounting and reduce disputes between traders and Federal Board of Revenue officials.
Sheikh said the initiative would help lower the cost of doing business and reduce conflicts between taxpayers and tax authorities.
What did FPCCI's president say about the fixed tax scheme?
Sheikh said a simple and transparent tax system was the need of the hour for Pakistan's business community. "The fixed tax scheme can play an important role in documenting the economy and bringing more businesses into the formal sector," he said.
He added that the scheme would provide much-needed relief to small and medium-sized enterprises while helping improve trust between the government and the business community.
Sheikh said the introduction of a fixed tax regime was also expected to expand the country's tax base and contribute to higher revenue collection.
What conditions did FPCCI attach to its support for the scheme?
Sheikh emphasized that simplifying the tax system was essential for sustainable economic development, but stressed that meaningful consultations with the business community were necessary before the scheme was finalized.
"Consultation with stakeholders is necessary to ensure the scheme delivers positive results and achieves its intended objectives," he said.
He added that FPCCI would continue to support business-friendly reforms aimed at promoting economic growth and investment in Pakistan.
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