The FBR Tajir Dost Scheme is a new initiative introduced by the Federal Board of Revenue (FBR) in 2024 to help unregistered businesses become part of the formal tax system. This scheme encourages traders and business owners to declare their assets and income, offering them simplified procedures and lower tax rates. In this article, we will guide you through the process of registering for the Tajir Dost Scheme online and explain the benefits it offers to small businesses in Pakistan.
| Program Name | FBR Tajir Dost Scheme |
| Launch By | Federal Board of Revenue (FBR) |
| Main Benefit | Lower tax rates, easier tax compliance |
Contents
What is the FBR Tajir Dost Scheme 2024?
The Tajir Dost Scheme is designed to help businesses that are not yet registered with the tax authorities. Many small and medium-sized businesses in Pakistan do not declare their income or assets, which keeps them out of the tax system. This program aims to bring these businesses into the tax system in a simple and friendly way. It provides an opportunity for traders, wholesalers, and service providers to register with the FBR and enjoy benefits like lower tax rates and simplified processes.
Benefits of the Tajir Dost Scheme
The Tajir Dost Scheme offers several advantages to businesses that register under the program:
- Simplified Procedures: The tax processes are made easier, helping businesses to follow tax laws without complications.
- Lower Tax Rates: Businesses that register will benefit from reduced tax rates, making it more affordable for them to comply with tax regulations.
- Improved Business Credibility: Registered businesses gain credibility, making it easier to access loans and other financial services.
Who Can Join the FBR Tajir Dost Scheme 2024?
The Tajir Dost Scheme is open to several types of businesses, especially those that have not yet registered with the FBR. Here are the main groups who can benefit from the program:
- Wholesalers: Businesses that sell products in bulk to other businesses in 2024-25.
- Retail Stores: Small shops and retail businesses that are not yet registered for taxes.
- Service Providers: Companies offering professional services like repairs, consulting, or other services.
This scheme is designed to make it easy for these businesses to join the tax system and enjoy the benefits of being registered.
Cities Where Registration is Mandatory
If you are operating a business in any of the following cities, you must register under the Tajir Dost Scheme:
- Lahore
- Karachi
- Islamabad
- Faisalabad
- Rawalpindi
- Peshawar
- Quetta
- Sialkot
- Multan
- Hyderabad
- Gwadar
- Bahawalpur
- Mardan
- Many more cities in Pakistan
How to Register for FBR Tajir Dost Scheme Online in 2024?
Here is a simple step-by-step guide to help you register for the Tajir Dost Scheme online:
- Download the Tax Asaan App: Go to the Google Play Store or Apple App Store and download the “Tax Asaan” app.
- Install the App: After downloading, install the app on your mobile phone.
- Find the Tajir Dost Scheme Option: Open the app and look for the “Tajir Dost Scheme” section.
- Follow the Instructions: Select the Tajir Dost Scheme option and follow the instructions. You will need to enter your ID card number, mobile number, and other required details.
- Submit the Form: Once you have filled in all the information, submit your registration form.
Key Steps for Registration
- Download Tax Asaan App: Install it from Play Store or App Store.
- Fill in Your Information: Complete the form with your ID and mobile number.
- Submit: Submit your registration online.
Benefits of Registering
There are many benefits to registering your business under the Tajir Dost Scheme:
- Lower Tax Rates: You can enjoy reduced tax rates, making it easier to manage your business finances.
- Easier Compliance: The registration process is simple and makes it easier to comply with tax laws.
- Business Growth: Registered businesses gain access to financial services and improve their business credibility.
Also Read: Easy Steps to Receive Your Punjab Bike from BOP Branch
Conclusion
The FBR Tajir Dost Scheme is an excellent opportunity for small and medium businesses in Pakistan to join the formal tax system. By registering through the Tax Asaan app, businesses can benefit from lower tax rates, simplified procedures, and improved access to financial services. If you operate a business in one of the mandatory cities, make sure to register online and take advantage of the benefits offered by the program. The process is simple, and with the right steps, you can ensure that your business is part of Pakistan’s growing economy.