THE FBR’s draft simplified tax regime for small shopkeepers is the latest in a long line of attempts to persuade Pakistan’s vast retail sector to enter the tax net. By offering a turnover-based tax of just 1pc, exemptions from routine audits, withholding tax obligations and mandatory digital invoicing, the government hopes to make compliance more attractive. Yet there is little reason to believe this initiative will succeed where countless others have failed. Pakistan’s retail sector has remained one of the country’s largest untaxed or undertaxed........

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