How to Register under FBR Tajir Dost Scheme 2024

What is the Tajir Dost Scheme?

The Tajir Dost Scheme is a voluntary tax compliance scheme that offers benefits to unregistered businesses. Under the scheme, businesses can declare their assets and income and potentially receive benefits like reduced tax rates and simplified tax compliance procedures.

How to get registered under the Tajir Dost Scheme?

The exact registration process for the Tajir Dost Scheme may still be under development. However, based on the information provided, here’s a possible scenario:

1. Download the Tax Asaan app from the Google Play Store or Apple App Store.

2. Open the app and look for the “Tajir Dost Scheme” option (the option might be newly added).

3. If available, follow the on-screen instructions to register. This may involve entering your ID card number, mobile number, and other required information.

4. Submit the registration form.

Who are liable for registration under the Tajir Dost Scheme?

The eligibility criteria for the Tajir Dost Scheme haven’t been officially confirmed. However, the scheme likely targets unregistered businesses, particularly those in specific sectors like:

• Retail stores

• Wholesalers

• Service providers

Cities in Pakistan where Registration under Tajir Dost is Compulsory:

Abbottabad, Attock, Bahawalnagar, Bahawalpur, Chakwal, Dera Ismail Khan, DG Khan, Faisalabad, Ghotki, Gujranwala, Gujrat, Gwadar, Hafizabad, Haripur, Hyderabad, Islamabad, Jhang, Jhelum, Karachi, Kasur, Khushab, Lahore, Larkana, Lasbela, Lodhran, Mandi Bahauddin, Mansehra, Mardan, Mirpurkhas, Multan, Nankana, Narowal, Peshawar, Quetta, Rahim Yar Khan, Rawalpindi, Sahiwal, Sarghoda, Sheikhupura, Sialkot, Sukkur and Toba Tek Singh.

How to Calculate Tax under Tajir Dost Scheme?

S.R.O. 1064 (I)/2024 is an amendment to the Tajir Dost Special Procedure, 2024, introduced through the Income Tax Ordinance, 2001. This amendment aims to clarify and expand the scope of the original procedure.

How to Pay Tax under Tajir Dost Scheme?

1. Access Tajir Dost: Locate and click on the “Tajir Dost” icon on the Iris portal (After logging into Iris).

2. Provide Business Details: You’ll be asked to input your business area. The system will automatically retrieve your business information.

3. Calculate Annual Liability: Based on your business area, the portal will calculate your annual tax liability.

4. Generate Payment Slip: Click on the “Create PSID” icon to generate a unique Payment Slip ID (PSID).

5. Make Payment: Use the generated PSID to pay your monthly tax installment through online banking or at a bank branch.

Key Points

• Equal Installments: The total annual tax liability is divided into 12 equal monthly installments.

• Auto-Calculation: The system automatically calculates your annual tax liability based on your business area.

• Online and Offline Payment: You have the flexibility to pay through online banking or at a bank branch.

BE A RESPONSIBLE CITIZEN & PAY YOUR DUE TAXES IN GOVT. TREASURY ON TIME TO AVOID ANY FINES & PENALTIES. FOR HELP CONTACT @ 0300 6532102