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HomeBusinessPakistan’s Proposed Retail Tax Explained: Key Details for Shop Owners, Traders and...

Pakistan’s Proposed Retail Tax Explained: Key Details for Shop Owners, Traders and Consumers

Pakistan retail tax reforms, including the proposed Asaan Tax Scheme for small shopkeepers and traders, are a step towards a simpler tax regime aimed at broadening the tax base and reducing the compliance burden on retail businesses. The proposed system proposes a fixed turnover tax structure that authorities believe will see millions of informal businesses. ..

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