04/08/2026
Azfar Abbas Accounts & Tax Consultant
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Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Azfar Abbas Accounts & Tax Consultant, Tax preparation service, Lahore.
NTN Registration FBR
Annual Income Tax Return
Annual Wealth Statement
With-Holding Tax Statements
Registration of:
Firm Registration
Company Registration
Software Company Registration
LCCI Registration
Trust Registration
Welfare Society Registration
04/08/2026
30/07/2026
FBR notifies S.R.O. 1166(I)/2026 for small shopkeepers.
The salient features of the scheme include:-
🟢 Simple & Easy Tax Regime for Small Retailers
🔹 Applicable to individuals with annual turnover up to PKR 200 million
🔹 Voluntary scheme — choose this simplified procedure or regular income tax return
🔹 Tax at only 1% of gross turnover
🔹 Minimum tax payment: PKR 25,000
🔹 Simplified return filing through IRIS & mobile app
🔹 No POS/Digital Invoicing requirement for eligible shopkeepers
🔹 Generally no audit under this scheme
🔹 Green Plate with QR Code for compliant shopkeepers
🔹 Supports formalization and ease of doing business 🇵🇰
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Lahore