{"id":96036,"date":"2024-01-05T16:37:44","date_gmt":"2024-01-05T11:37:44","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=96036"},"modified":"2024-01-05T16:37:45","modified_gmt":"2024-01-05T11:37:45","slug":"fbr-announces-tax-imposition-5-cities","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html","title":{"rendered":"FBR to impose tax on retailers from 5 major cities"},"content":{"rendered":"\n<p>Lahore: The Federal Board of Revenue (FBR) has decided to implement a tax regime targeting retailers in the five major cities of Pakistan, according to a news article on January 4.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-called-tax-notices-issuance-fixation.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR urged to fix flaws in its automated income tax-issuance system<\/a><\/p>\n\n\n\n<p>Insiders familiar with the decision revealed that the cities included are: Islamabad, Karachi, Lahore, Peshawar, and Quetta. This move is anticipated to generate a substantial revenue of PKR 100 billion from the designated cities alone. Moreover, the FBR has outlined a comprehensive scheme to extend taxation to 350,000 retailers nationwide. The initial phase will see the imposition of taxes on retailers in Islamabad and all four provincial capitals.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-suspend-bank-accounts-non-filers.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR to suspend bank accounts of non-filers, impose travel ban<\/a><\/p>\n\n\n\n<p>Sources indicate that the broader implementation of this taxation initiative is projected to yield an impressive revenue of over PKR 300 billion. Taxes will be assessed based on factors such as the size of the shop and annual income, with collections taking place every month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Federal Board of Revenue (FBR) has decided to implement a tax regime targeting retailers in the five major cities of Pakistan, according to a news article on January 4. Read: FBR urged to fix flaws in its automated income tax-issuance system Insiders familiar with the decision revealed that the cities included are: Islamabad, Karachi, Lahore, Peshawar, and Quetta. This move is anticipated to generate a substantial revenue of PKR 100 billion from the designated cities alone. Moreover, the FBR has outlined a comprehensive scheme to extend taxation to 350,000 retailers nationwide. The initial phase will see the imposition of taxes on retailers in Islamabad and all four provincial capitals. Read: FBR to suspend bank accounts of non-filers, impose travel ban Sources indicate that the broader implementation of this taxation initiative is projected to yield an impressive revenue of over PKR 300 billion. Taxes will be assessed based on factors such as the size of the shop and annual income, with collections taking place every month.<\/p>\n","protected":false},"author":88,"featured_media":75334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015,15017],"tags":[54453,19230],"persona":[],"class_list":{"0":"post-96036","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"category-notices-announcements","9":"tag-fbr-news-and-updates","10":"tag-federal-board-of-revenue-fbr","11":"cat-15015-id","12":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR Announces Tax Imposition in 5 Cities - Zameen News<\/title>\n<meta name=\"description\" content=\"FBR announces new tax regime for retailers in major Pakistani cities, effective immediately. Read here for more information.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR Announces Tax Imposition in 5 Cities - Zameen News\" \/>\n<meta property=\"og:description\" content=\"FBR announces new tax regime for retailers in major Pakistani cities, effective immediately. Read here for more information.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-05T11:37:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-05T11:37:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Zohaib Nasir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Zohaib Nasir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FBR Announces Tax Imposition in 5 Cities - Zameen News","description":"FBR announces new tax regime for retailers in major Pakistani cities, effective immediately. Read here for more information.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html","og_locale":"en_US","og_type":"article","og_title":"FBR Announces Tax Imposition in 5 Cities - Zameen News","og_description":"FBR announces new tax regime for retailers in major Pakistani cities, effective immediately. Read here for more information.","og_url":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2024-01-05T11:37:44+00:00","article_modified_time":"2024-01-05T11:37:45+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","type":"image\/jpeg"}],"author":"Muhammad Zohaib Nasir","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Muhammad Zohaib Nasir","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html"},"author":{"name":"Muhammad Zohaib Nasir","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/e52d08c48c8141ff2bf4db7bff52ddc6"},"headline":"FBR to impose tax on retailers from 5 major cities","datePublished":"2024-01-05T11:37:44+00:00","dateModified":"2024-01-05T11:37:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html"},"wordCount":172,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","keywords":["FBR news and updates","Federal Board of Revenue (FBR)"],"articleSection":["Legal &amp; Taxation","Notices &amp; Announcements"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html","url":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html","name":"FBR Announces Tax Imposition in 5 Cities - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","datePublished":"2024-01-05T11:37:44+00:00","dateModified":"2024-01-05T11:37:45+00:00","description":"FBR announces new tax regime for retailers in major Pakistani cities, effective immediately. Read here for more information.","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/fbr-announces-tax-imposition-5-cities.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"FBR to impose tax on retailers from 5 major cities"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/e52d08c48c8141ff2bf4db7bff52ddc6","name":"Muhammad Zohaib Nasir","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","caption":"Muhammad Zohaib Nasir"},"description":"As a graduate in English Literature, Zohaib believes that words are not just a mere figment of imagination. It takes wisdom to be good at them. Following this reason, he is pursuing his career as Public Relations and Content Specialist at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/zohaib-nasir"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/96036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=96036"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/96036\/revisions"}],"predecessor-version":[{"id":96037,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/96036\/revisions\/96037"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/75334"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=96036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=96036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=96036"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=96036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}