Federal Board of Revenue has issued following in DRAFT

 

INCOME TAX SPECIAL PROCEDURE FOR SMALL SHOPKEEPERS

 

For Small Shopkeepers Scheme under section 99B of the Income Tax Ordinance, 2001 for views and comments. Proposals from stakeholders as well as general public are invited for any modification in the aforesaid scheme. After public review the scheme will be put before the Federal Cabinet for final approval. FBR expected that this reformed simplified procedure will be a new beginning on this subject. Circular 02 of 2019 dated August 1, 2019

 

INCOME TAX SPECIAL PROCEDURE FOR TRADERS

 

Automated non jurisdictional simplified tax regime for the traders. Proposals from stakeholders as well as general public are invited for any modification in the above scheme. After public review the scheme will be put before the Federal Cabinet for final approval. FBR expected that this reformed simplified procedure will be a new beginning on this subject.

 

AMENDMENTS IN THE INCOME TAX RULES, 2002

Insertion of New Chapter XIIIA Obtaining and Issuance of Business License

 

Please click on the link below to read original Notifications

20198120864649Businesslicense181A 201981208318388SmallShopkeeper1.8.19 201981208938451Section99CFinalDraft