According to insiders, the FBR has proposed a new plan for taxing businessmen in Pakistan.

According to FBR sources, the strategy is now being discussed and involves a smart approach to charge taxes on dealers in addition to their electricity costs.

As part of this novel strategy, it is intended to include a dedicated column on electricity bills designed specifically for traders, allowing for more efficient tax collection.

According to sources close to the development, the tax collection technique will target individuals conducting business at a shop rather than the shop owner directly.

Furthermore, it has been proposed that traders’ annual income be divided systematically into twelve parts, implying a monthly tax collection schedule.

The ambitious plan is apparently scheduled for implementation before the start of the new fiscal year, pending clearance from government officials. Sources stated that FBR officials briefed the International Monetary Fund (IMF) on the planned arrangement.

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