Tajir Dost Scheme

 

Govt approves ‘Tajir Dost’ mobile app to tax retailers in Pakistan

 

ISLAMABAD – The caretaker federal government has approved the launch of “Tajir Dost” [Trader Friend] mobile app to tax a large number of retailers.

The Pakistan Revenue Authority Limited (PRAL), a subsidiary of the Federal Board of Revenue (FBR), has developed the mobile App, which will be used to register retailers and traders across the country. The data of the traders, who are already registered with the FBR, will be updated in the database of the app.

Reports said that the income of the retailers and traders would be determined equal to the annual rental value of the shop. Following the registration, they will be bound to submit income tax returns every year.

The top tax authority is also considering an option to add online retailers to the tax net in order increase the revenue generation.

The Tajir Dost App will be made easy as taxpayers will need to enter minimal data. It will also reduce the taxpayers dependence on is tax consultant.

The app will automatically calculate the monthly tax for the shopkeepers. The proposed scheme will cover all shopkeepers providing services or supplies of goods including professions etc.

The government can announce the launch of the scheme anytime soon.

Resource: Pakistan Observers

Punjab Govt kicks off online applications for firearms licenses (NPB)

Security companies that are lawfully registered in Punjab or engaged in substantial operations within the province.

In a significant move, the Punjab government has initiated the process of accepting online applications for arms licenses. Eligible individuals, institutions, and security companies can now apply for licenses for non-prohibited bore weapons.

The revised fee structure, as notified by the Punjab Law and Parliamentary Affairs Department in the Punjab Arms Rules 2023, has raised the license fee from PKR 20,000 to PKR 50,000.

Streamlined eligibility criteria

To obtain an arms license, applicants must meet specific eligibility criteria:

• Be a Pakistani citizen with a valid Computerized National Identity Card (CNIC)
• Possess a Punjab domicile
• Be over 20 years of age
• Be a filer on the active taxpayer's list.
• Have no previous criminal record
• Not be a fugitive or convicted by any court of law
• Not be a member of a banned outfit or suspected of involvement in any anti-state activities
• Not be physically, mentally, or psychologically infirm

License for security companies

Security companies that are lawfully registered in Punjab or engaged in substantial operations within the province are eligible to apply for arms licenses.

Business arms license

Additionally, business arms licenses will be issued to individuals or legal entities, provided they meet the necessary eligibility criteria. These licenses will specify all manufacturing, repairing, and dealership categories for the sale, purchase, or storage of arms, ammunition, or military stores.

A concealed carry permit is not required

One notable aspect of the new regulations is that license holders will no longer require a separate permit for carrying their weapons in a concealed manner, simplifying the process for responsible firearm owners.

Contact Us for Punjab Arms License (NPB Only)

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