FBR to Launch “Pakistan Honour Card Scheme” for High Taxpayers

The Federal Board of Income (FBR) set to roll out the “Pakistan Honour Card Scheme”, a novel initiative to acknowledge and reward the nation’s prime taxpayers, together with exporters. This scheme designed to supply unique privileges and services, notably at airports.

The “Pakistan Honour Playing cards” will awarded to 65 elite exporters and compliant taxpayers, encompassing companies, Associations of Individuals (AOPs), and particular person taxpayers. These distinguished taxpayers have acknowledged by Prime Minister Shehbaz Sharif for his or her important contributions.

Cardholders can sit up for expedited clearance at immigration counters, entry to official passports, and VIP lounge services at airports. Moreover, they are going to invited to an annual dinner hosted by the prime minister, additional solidifying their esteemed standing.

The scheme encompasses varied classes of taxpayers, every entitled to particular services. These classes embody:

  • High 9 main exporters
  • Sector-wise exporters throughout 9 sectors
  • High two exporters in chemical merchandise, meals merchandise, leather-based, equipment, prescription drugs, and sports activities items
  • Highest exporters in paper and plastic, metal and metallic merchandise, and different sectors

The scheme additionally acknowledges exporters of non-traditional and modern merchandise, together with the best exporters of aluminium and articles, spices, and fish and crustaceans. It additionally acknowledges the highest three in data know-how, the highest two exporters with the best progress over the past 12 months, and the highest three first-time exporters.

Girls exporters not overlooked, with the highest three acknowledged. The scheme additionally honors the highest 12 taxpayers throughout all taxes, the highest 5 firms in revenue tax, the best Affiliation of Individuals (AOPs), and the highest 5 people throughout the class.

New taxpayers with the best tax paid and the highest three Small and Medium Enterprises (SMEs) may also lined below this scheme. This initiative underscores the FBR’s dedication to fostering a tradition of tax compliance and recognizing the contributions of prime taxpayers to the nation’s financial system.

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