FBR Gears Up for Traders Dost Scheme Tax Collection from July 1st

FBR is gearing up to collect taxes from traders registered under the Traders Dost Scheme starting July 1st. The nationwide registration process is still ongoing, with 39,134 traders signed up so far.

These registrations are concentrated in Pakistan’s major cities: Lahore leads with 15,057, followed by Karachi (6,562), Rawalpindi (5,479), Peshawar (3,452), and Islamabad (3,400). Quetta has also seen participation with 2,172 retailers.

Encouragingly, 3,120 traders from smaller towns across Pakistan have registered for the scheme as well. The Traders Dost Scheme aims to integrate small and medium-sized businesses into the tax system while offering simplified procedures and potential benefits.

Hot this week

UBL Digital Wins Global Award for Voice Enabled Banking Innovation at Retail Banking Innovation Awards 2026

UBL Digital has won recognition at the Global Retail Banking Innovation Awards 2026 for its voice-enabled banking initiative, highlighting digital banking innovation in Pakistan.

aik Digital Partners With PalmPay To Introduce Shariah Compliant BNPL Smartphone Financing Across Pakistan

aik Digital and PalmPay plan to introduce Shariah-compliant BNPL smartphone financing in Pakistan, offering consumers flexible payment options aligned with Islamic finance principles.

SBP Opens Cohort Two Sandbox for AI Financial Services Innovation in Pakistan Until November 30

The State Bank of Pakistan invites applications for Regulatory Sandbox Cohort 2, focusing on AI-driven financial services, credit assessment and fraud detection, with a deadline of November 30, 2026.

VYU Launches Livestream Fashion Shopping Platform In Pakistan For Online Consumers

VYU has launched in Pakistan with a video-first fashion shopping platform that lets consumers discover and purchase clothing, footwear, handbags and accessories through livestreams.

Mashreq Launches NEO BIZ Digital Banking Platform for SMEs In Pakistan

Mashreq has launched NEO BIZ in Pakistan, offering digital business accounts, payments and collections, with plans to add more financial management tools.

Topics

UBL Digital Wins Global Award for Voice Enabled Banking Innovation at Retail Banking Innovation Awards 2026

UBL Digital has won recognition at the Global Retail Banking Innovation Awards 2026 for its voice-enabled banking initiative, highlighting digital banking innovation in Pakistan.

aik Digital Partners With PalmPay To Introduce Shariah Compliant BNPL Smartphone Financing Across Pakistan

aik Digital and PalmPay plan to introduce Shariah-compliant BNPL smartphone financing in Pakistan, offering consumers flexible payment options aligned with Islamic finance principles.

SBP Opens Cohort Two Sandbox for AI Financial Services Innovation in Pakistan Until November 30

The State Bank of Pakistan invites applications for Regulatory Sandbox Cohort 2, focusing on AI-driven financial services, credit assessment and fraud detection, with a deadline of November 30, 2026.

VYU Launches Livestream Fashion Shopping Platform In Pakistan For Online Consumers

VYU has launched in Pakistan with a video-first fashion shopping platform that lets consumers discover and purchase clothing, footwear, handbags and accessories through livestreams.

Mashreq Launches NEO BIZ Digital Banking Platform for SMEs In Pakistan

Mashreq has launched NEO BIZ in Pakistan, offering digital business accounts, payments and collections, with plans to add more financial management tools.

BankIslami Reports PKR 3.1 Billion Profit As CASA Ratio Reaches 74.7 Percent During Nine Months of 2026

BankIslami reported PKR 3.1 billion in profit after tax for the first nine months of 2026, with deposits of PKR 630.7 billion and a CASA ratio of 74.7%.

Meezan Bank Partners With UNIDO Bahrain and ICEI to Support Pakistani Entrepreneurs

Meezan Bank has signed agreements with UNIDO-ITPO Bahrain and ICEI to establish an in-house focus group providing business development support to startups and MSMEs.

ABHI Microfinance Bank Reaches PKR 14 Billion in Digital Lending Portfolio As Digital Finance Expands Across Pakistan

ABHI Microfinance Bank has reached PKR 14 billion in Digital Gross Loan Portfolio, marking further growth in its technology-driven lending operations.
spot_img

Related Articles

Popular Categories