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  "path": "/federation-of-pakistan-chambers-of-commerce-welcomes-fixed-tax-scheme-for-small-traders",
  "publishedAt": "2026-06-06T13:35:57.000Z",
  "site": "https://nukta.com",
  "textContent": "\n\n\n\nThe 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.\n\nFPCCI President Atif Ikram Sheikh urged the government to consult the business community before finalizing the scheme.\n\n### What is the proposed fixed tax scheme for small traders?\n\nThe 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.\n\nThe 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.\n\nSheikh said the initiative would help lower the cost of doing business and reduce conflicts between taxpayers and tax authorities.\n\n### What did FPCCI's president say about the fixed tax scheme?\n\nSheikh 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.\n\nHe 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.\n\nSheikh said the introduction of a fixed tax regime was also expected to expand the country's tax base and contribute to higher revenue collection.\n\n### What conditions did FPCCI attach to its support for the scheme?\n\nSheikh 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.\n\n\"Consultation with stakeholders is necessary to ensure the scheme delivers positive results and achieves its intended objectives,\" he said.\n\nHe added that FPCCI would continue to support business-friendly reforms aimed at promoting economic growth and investment in Pakistan.",
  "title": "Federation of Pakistan Chambers of Commerce welcomes fixed tax scheme for small traders"
}