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This Fish Stall Owner from Karachi Has Registered His Business With FBR for Pakistan’s Sake

Microsoft

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In a country where most small-scale businesses operate without registering with the Federal Board of Revenue (FBR), a vendor from Karachi has become an example for everyone after it came to light that his street-side business is registered with the FBR.

According to details, Shahid Babel sells fried fish in the streets of Karachi and regularly files his income tax. Not just this, he has also displayed the NTN on his kiosk to encourage others to file their tax returns.


While speaking with a media outlet, Shahid said that it makes him proud that his small business is contributing to the national economy in a positive way.

Sadly, the tax compliance rate in Pakistan, by and large, remains a non-existent affair to date.

In September, FBR revealed in its official tax report that only 2.63 million individuals had submitted their tax returns during FY 2017-18. Of those, 1.23 million were salaried and 1.4 million were non-salaried individuals.

In order to foster a culture of tax compliance in the country, FBR, in September, had signed a special Letter of Understanding (LoU) with the Federal Directorate of Education (FDE).

Under the LoU, students in the FDE administered schools and colleges will be imparted lessons regarding tax compliant culture to increase tax awareness in the younger generation from an early age.

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Sadly, the tax compliance rate in Pakistan, by and large, remains a non-existent affair to date.
Are Pakistanis the true libertarians? Do they expect to get the benefits of taxes without paying the tax themself? I hope this man is given some reward for his actions and it promotes other businesses to do the same. Perhaps some kind of lottery system for businesses or "quality lottery" where the specific restaurant (or any small business) is promoted by the government on tourism platforms for their popularity and registration?

(That fish looks tasty though)
 

mikkix

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View attachment 690553
In a country where most small-scale businesses operate without registering with the Federal Board of Revenue (FBR), a vendor from Karachi has become an example for everyone after it came to light that his street-side business is registered with the FBR.

According to details, Shahid Babel sells fried fish in the streets of Karachi and regularly files his income tax. Not just this, he has also displayed the NTN on his kiosk to encourage others to file their tax returns.


While speaking with a media outlet, Shahid said that it makes him proud that his small business is contributing to the national economy in a positive way.

Sadly, the tax compliance rate in Pakistan, by and large, remains a non-existent affair to date.

In September, FBR revealed in its official tax report that only 2.63 million individuals had submitted their tax returns during FY 2017-18. Of those, 1.23 million were salaried and 1.4 million were non-salaried individuals.

In order to foster a culture of tax compliance in the country, FBR, in September, had signed a special Letter of Understanding (LoU) with the Federal Directorate of Education (FDE).

Under the LoU, students in the FDE administered schools and colleges will be imparted lessons regarding tax compliant culture to increase tax awareness in the younger generation from an early age.

--


Are Pakistanis the true libertarians? Do they expect to get the benefits of taxes without paying the tax themself? I hope this man is given some reward for his actions and it promotes other businesses to do the same. Perhaps some kind of lottery system for businesses or "quality lottery" where the specific restaurant (or any small business) is promoted by the government on tourism platforms for their popularity and registration?

(That fish looks tasty though)
Stupid fish wala. His tax money will not be spend on him neither spend on his area or location nor spend on his family.
 

Areesh

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The purpose tax was is never fulfilled in this country. Whatever it is.
Nope. You are wrong on this one

In Lahore, Peshawar the purpose is fulfilled to some extent

Only in Karachi the purpose is not fulfilled to even 10%
 

313ghazi

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View attachment 690553
In a country where most small-scale businesses operate without registering with the Federal Board of Revenue (FBR), a vendor from Karachi has become an example for everyone after it came to light that his street-side business is registered with the FBR.

According to details, Shahid Babel sells fried fish in the streets of Karachi and regularly files his income tax. Not just this, he has also displayed the NTN on his kiosk to encourage others to file their tax returns.


While speaking with a media outlet, Shahid said that it makes him proud that his small business is contributing to the national economy in a positive way.

Sadly, the tax compliance rate in Pakistan, by and large, remains a non-existent affair to date.

In September, FBR revealed in its official tax report that only 2.63 million individuals had submitted their tax returns during FY 2017-18. Of those, 1.23 million were salaried and 1.4 million were non-salaried individuals.

In order to foster a culture of tax compliance in the country, FBR, in September, had signed a special Letter of Understanding (LoU) with the Federal Directorate of Education (FDE).

Under the LoU, students in the FDE administered schools and colleges will be imparted lessons regarding tax compliant culture to increase tax awareness in the younger generation from an early age.

--


Are Pakistanis the true libertarians? Do they expect to get the benefits of taxes without paying the tax themself? I hope this man is given some reward for his actions and it promotes other businesses to do the same. Perhaps some kind of lottery system for businesses or "quality lottery" where the specific restaurant (or any small business) is promoted by the government on tourism platforms for their popularity and registration?

(That fish looks tasty though)
Very good example - others should do the same.

Is it a legal requirement for businesses in Pakistan to file tax returns?
 

mikkix

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May 7, 2010
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Nope. You are wrong on this one

In Lahore, Peshawar the purpose is fulfilled to some extent

Only in Karachi the purpose is not fulfilled to even 10%
If it is fulfilled then its not the issue of tax rather than the issue of favoritism ethnicism hatred and priorities.
 

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