Sro 457

Government of Pakistan
Revenue Division
Federal Board of Revenue
**,k**
NOTIFICATION
Islamabad, the 30th March,2024.
S.R.O. 457(I) 12024. - In exercise of the powers conferred by section 99B of

the Income Tax Ordinance,200l (XLIX of 2001), read with sub-section (1) of
section 237 thereof the Federal Board of Revenue with the approval of the Minister-
in-charge is pleased to prescribe special procedure tbr small traders and shopkeepers
the same having been previously published vde Notification S.R.O. No.
420(l)12024, dated the 2l'' day of March, 2024, as required by sub-section (3) of
section 237 of the said Ordinance, namely: -
"Part - I
Preliminary
l. Title and commencement. - (l) This instrument shall be called the

Tajir Dost (Special) Procedure, 2024.
(2) It shall come into force on and from the l't day of April, 2024 except
Part-lll thereof which shall come into force on and from the l't day of lluJ.y,2024.
2. Scope. - (1) This special procedure shall apply to the traders and
shopkeepers operating through a fixed place ofbusiness including a shop, store,

warehouse, office or similar physical place (hereinafter referred to business
premises) located within the territorial civil limits including cantonments in the
cities as specified in the Schedule hereto for registration and payment of minimum
advance tax.
(2) Sub-paragraph (1) shall not apply to a person: -

(a) being a company; or
Page 1 of 5
(b) operating as a unit of national or intemational chain stores in
more than one city; or
(c) a class ofpersons specifically excluded by the Board.
3. Provisions of the Ordinance to apply. - Without prejudice to the

provisions of this special procedure, all provisions of the Ordinance shall apply to
the persons specified under this special procedure in respect of-
(a) computation of income for a tax year and tax payable thereon;
(b) collection and deduction oftax as provided in the Ordinance;
(c) computation and payment of advance tax liability under section 147 of
the Ordinance;
(d) sections 4C andTE ofthe Ordinance ifliabletopay suchtax; and
(e) chapters IX, X, XI, XII, XIII of the Ordinance and the schedules
thereto, ifnot specified in clauses (a), (b), (c) and (d).
Part-II
[Registrationl
[with effect froml't April, 2024]
4. Registration in the National Business Registry flajir Dost)' - (1)
Every trader and shopkeeper shall apply for registration under section 181 ofthe
Ordinance or through Tax Asaan App or on FBR's portal or through FBR's Tax
Facilitation Centers by the 30th day of Aprll,2024.
(2) Ifa person, who is required to be registered under sub-paragraph (l),
does not apply for the registration under sub-paragraph, the Commissioner Inland
Revenue shall register the trader or the shopkeeper as the case may be.
(3) The provisions of section 182 of the Ordinance shall mutatis mutandis
apply to the trader or shopkeeper who has not applied for registration under sub
paragraph (l).
Page 2 of 5
Part-III
[Payment of Advance Tax]
[with effect from l't July,2024)
5. Minimum monthly advance tax payable by a person.
-
(1) Every
person shall be liable to pay monthly advance tax in accordance with this paragraph.
(2) The advance tax paid under sub paragraph (1) shall be the minimum tax
in respect of income from the business covered under this special procedure.
(3) The amount of monthly advance tax for a tax year shall be computed in
the manner as may be prescribed.
(4) Where the advance tax computed under sub paragraph (3) is zero, the
advance tax payable under sub-paragraph (l) shall be one thousand two hundred
Rupees per annum:
Provided that where the income of the person is exempt from income tax
under any provision ofthe Ordinance, sub-paragraph (1) shall not apply:
Provided further that the advance tax payable shall be reduced by twenty-five
percent ofthe whole or the balance -
(a) if the person pays in lump sum the whole or the balance, as the case may
be, of remaining advance tax for the relevant Tax Year on or before any
of the due dates for payment of such tax under the said paragraph; or
(b) if the person who has not filed income tax retum, hles income tax retum
for Tax Year 2023 before the due date for payment of first monthly
installment.
6. Mode and manner of payment of advance tax. - (1) The monthly
advance tax payable under paragraph 5 shall be paid with effect from the l'1 day oi
Lu|y,2024 for the relevant tax year and the first payment shall be due on the 15th
day of July, 2024 andthereafter on the 15th day of every month.
(2) The tax payable under paragraph 5 for a taxyear shall be paid through
Page 3 of 5
a separate Computerized Payment Receipt against the Payment Slip ID (PSID)
generated by Tajir Dost module or through FBR's portal or through FBR's Tax
Facilitation Centers.
7. The Board with the approval of Minister in Charge may amend the
special procedure from time to time so as to add, alter, omit or modiff any provision
therein.
8. Definitions. (1) In this special procedure, unless there is anything
-
repugnant in the subject or context.
-
(a) "annual rental value" means ten percent ofthe fair market value of the
business premises;
(b) "business premises" include all business places, store, warehouse, or
any other place connected to business or an office or a home operating
as a business place;
(c) "indicative income" means amount calculated on the basis of the annual
rental value in accordance with the formula as may be prescribed;
(d) "fair market value of business premises" means the amount calculated
as per the valuation of immoveable properties notified by the Board

under section 68 of the Ordinance, or where such valuation has not been
notified by the Board, the values fixed by the District Officer (Revenue),,
or Provincial or any other authority authorized to fix such values for the
purposes of stamp duty;
(.) "National Business Registry" means a central repository database of

traders and shopkeepers which is accessed through Tajir Dost module of
Tax Asaan App, FBR's portal for the purpose of registration and
payment of advance tax under this special procedure;

(0 "Ordinance" means the Income Tax Ordinance 2001, (XLIX of 2001);
(e) "person" means traders and shopkeepers falling under the scope of this
special procedure.
Page 4 of 5
(h) "shopkeeper" includes wholesaler, dealer, retailer, manufacturer-cum-
retailer, impofter-cum-retailer, or such person who combines the activity
of retail and wholesale with any other business activity or other person
in the supply chain ofgoods.
(2) All other terms and expressions used but not defined in this special
procedure shall have the same meanings as assigned thereto under the Ordinance.
THE SCHEDULE
[See paragraph 2]
S. No. Description
(l) (z)
1 Karachi
2. Lahore
J Islamabad
4 Rawalpindi
5 Quetta
6 Peshawar
lF.No.1(16)R&S/20231
(Naveed ukhtar)
Secretary (IR Policy)
Page 5 of 5

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Government of Pakistan

Islamabad, the 30th March,2024.

S.R.O. 457(I) 12024. - In exercise of the powers conferred by section 99B of

section 237 of the said Ordinance, namely: -

l. Title and commencement. - (l) This instrument shall be called the

shopkeepers operating through a fixed place ofbusiness including a shop, store,

(2) Sub-paragraph (1) shall not apply to a person: -

3. Provisions of the Ordinance to apply. - Without prejudice to the

(b) collection and deduction oftax as provided in the Ordinance;

(d) sections 4C andTE ofthe Ordinance ifliabletopay suchtax; and

thereto, ifnot specified in clauses (a), (b), (c) and (d).

the manner as may be prescribed.

day of July, 2024 andthereafter on the 15th day of every month.

as per the valuation of immoveable properties notified by the Board

purposes of stamp duty;

(.) "National Business Registry" means a central repository database of

payment of advance tax under this special procedure;

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