Shikarpur returns cover food brands, bazaar trade, rice farming and milling, rent and salaries. This page explains each part.
Food Brands
Sales to supermarkets, distributors, online buyers and the family's own shops are shown against raw materials, jars and packaging, labour, fuel, rent and marketing. Stock of finished pickles and raw materials on 30 June is counted at cost. Withholding by supermarkets and distributors is claimed, and figures match sales tax returns where registered.
Traders and Jewellers
Sales, purchases and stock; jewellers weigh their gold stock on 30 June.
Rice Mills
Rice sales against paddy, power, labour and depreciation.
Landowners
Crops from family land declared as agricultural income, with Sindh agricultural tax noted.
Rent from Old-City Property
Rent from shops and houses is declared under property income.
Government Employees
Salary and withholding from certificates.
Wealth Statement
Shops, houses, land, stock, vehicles and balances.
Merchants with Businesses in Karachi
Shikarpuri families who run shops or wholesale businesses in Karachi while keeping homes in the old city file one return covering all their income. Rent from Shikarpur property and profit from the Karachi business both belong in it.
Sweet Makers
Sweet shops show daily sales against milk, sugar, ghee, dry fruit, packing and wages, with festival seasons noted.
Gold and Jewellery Shops in the Bazaar
Jewellers near the Lakhi Dar weigh their gold stock on 30 June and record old gold taken in exchange by weight and value.
Their making charges are income.
Stock taken on credit is recorded too.
Credit purchases from Karachi suppliers are liabilities.
Also see tax consultant in Shikarpur and NTN registration in Shikarpur.
Frequently Asked Questions
Is pickle stock counted at year end?
Yes, at cost.
Do jewellers weigh stock?
Yes, on 30 June.
Is old-city rent declared?
Yes.