Trends - Tier 1 retailers - Business Recorder

Tier 1 retailers

Govt accused of giving boost to undocumented retail sector thru budget

LAHORE: The budget 2023-24 has given more relaxation to the undocumented and unregistered retail sector and...

Published 16 Jun, 2023 06:27am

Business & Finance

Tier-1 retailers unhappy with direct imposition of ‘highest’ penalty

LAHORE: The Tier-1 Retailers (T-1Rs) are offended with direct imposition of the highest degree of penalty by the...

Published 05 Mar, 2023 03:36am

Business & Finance

Early closure of markets: APTMA North urges govt to hold talks

LAHORE: Chairman All Pakistan Textile Mills Association (APTMA) North, Hamid Zaman, has urged the government to take...

Published 01 Mar, 2023 06:21am

Business & Finance

FBR resumes POS Prize Scheme

ISLAMABAD: Federal Board of Revenue (FBR) has resumed its suspended Point of Sale (POS) Prize Scheme from 1st...

Published 16 Feb, 2023 06:08am

Unregistered Tier-1 retailers asked to integrate with POS

ISLAMABAD: The Federal Board of Revenue (FBR) has directed 124 unregistered retailers (Tier-1) to integrate them ...

Updated 11 Feb, 2023 08:56am

Business & Finance

FBR suspends POS invoicing prize scheme

ISLAMABAD: The Federal Board of Revenue (FBR) has suspended the computerized ballot of its flagship initiative of...

Published 16 Nov, 2022 06:39am

Business & Finance

Big retailers’ integration with POS system: FBR favours more steps for increasing the number

ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday directed the chief commissioners of the Regional Tax ...

Published 21 Sep, 2022 05:57am

Business & Finance

T-1Rs integration with POS hamsturng by slow progress

LAHORE: The Regional Tax Office (RTO) is still in a slow mode so far as registration of Tier-1 Retailers (T-1Rs)...

Published 20 Aug, 2022 03:41am

Business & Finance

Fixed tax regime for furniture retailers on the cards

ISLAMABAD: The government would announce a fixed tax regime for the furniture retailers to pay sales tax on the ...

Published 20 Jul, 2022 05:48am

Business & Finance

RTO slows down registration of T-1Rs for POS after change of govt

LAHORE: The Regional Tax Office (RTO) has preferred to slowdown registration of Tier-1 Retailers (T-1Rs) under the...

Published 23 Apr, 2022 04:45am

Business & Finance

Budget 2022-23: Exclusion of furniture makers from category of Tier-I retailers recommended

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has recommended the Federal Board of Revenue (FBR) to...

Published 27 Mar, 2022 05:40am

Business & Finance

‘Wrong’ sales tax calculations: Top 10 retailers of branded garments approach PM

ISLAMABAD: Pakistan’s top 10 retailers of branded garments have approached Prime Minister Imran Khan against the...

Updated 19 Mar, 2022 09:55am

Pakistan

RTO achieves revenue target

LAHORE: Regional Tax Office (RTO) Lahore has collected Rs16.7 billion in February 2022 as compared to Rs10.6 billion...

Published 06 Mar, 2022 05:14am

Tier-1 retailers: FBR unveils procedure for outlet sealing, de-sealing

ISLAMABAD: The Federal Board of Revenue (FBR) will seal business premises of non-integrated Tier-1 retailers and big...

Updated 18 Feb, 2022 09:57am

Business & Finance

Integration with POS system: Tier-1 retailers issue 37m invoices in January

ISLAMABAD: As many as 37 million invoices were issued by Tier-1 retailers, which are integrated with the FBR POS...

Published 13 Feb, 2022 05:48am

Red chillies, iodised salt, bread, infant milk: 17pc sales tax on import, supply abolished

ISLAMABAD: The Federal Board of Revenue (FBR) has defined “digital means” in the Income Tax Ordinance, 2001 for...

Updated 14 Jan, 2022 10:51am

Business & Finance

RTO Lahore forms teams to record production/sales of T-1Rs

LAHORE: Chief Commissioner Regional Tax Office (RTO) Lahore Nasir Iqbal Khan has issued instructions for monitoring...

Published 28 Dec, 2021 03:54am

Business & Finance

CTO imposes penalty on 35 T-1Rs

LAHORE: The Corporate Tax Office (CTO) Lahore has imposed penalty of reducing adjustable input tax by 60% against 35...

Published 25 Dec, 2021 05:02am

Business & Finance

POS integration: FBR likely to protect taxpayers from harassment

LAHORE: The Federal Board of Revenue (FBR) has taken notice of harassing taxpayers under the Point of Sale (POS)...

Published 23 Dec, 2021 04:23am

Business & Finance

Re1 service charge on all invoices: FBR rebuts disinformation on social media

ISLAMABAD: Federal Board of Revenue (FBR) has strongly rebutted disinformation being spread on the social media...

Published 14 Dec, 2021 06:40am

Business & Finance

POS system: 100pc integration of major bakeries achieved

LAHORE: The Large Tax Office (LTO) Lahore has achieved 100 percent integration of major bakeries with Point of Sale...

Published 12 Dec, 2021 04:19am

Business & Finance

Customers of Tier-1 retailers: FBR to hold first draw of prize scheme on Jan 15

ISLAMABAD: The Federal Board of Revenue (FBR) will hold the first draw of the prize scheme for the lucky...

Published 11 Dec, 2021 04:12am

Business & Finance

Curbing GST evasion: FBR to outline ‘guide techniques’ for IROs

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to outline guide techniques for Inland Revenue Officers ...

Published 08 Dec, 2021 06:22am

FBR asks big retailers to integrate with PoS system by 10th

ISLAMABAD: The Federal Board of Revenue (FBR) has directed 482 identified Tier-I Retailers (big retailers) to...

Updated 04 Dec, 2021 10:10am

Business & Finance

Tier-1 retailers: Abolishment of reduced ST likely to halt ongoing process of PoS integration

LAHORE: Abolishment of the reduced sales tax for ‘Tier-1’ retailers of the organized retail sector under ongoing...

Published 30 Nov, 2021 05:23am

Business & Finance

Tier-1 retailers: Prize scheme draw for customers likely next month

ISLAMABAD: The computerised draw for the prizes of customers of integrated Tier-1 retailers is expected to be held ...

Published 25 Nov, 2021 03:53am

Pakistan

Invoices in bulk: Reconciliation: Tier-1 retailers complain about POS system

LAHORE: The tier-1 retailers have complained against the Point of Sale (POS) system for not allowing reconciliation...

Published 18 Nov, 2021 03:58am

'FBR has targeted 500,000 retailers to boost revenue'

Business & Finance

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 10 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 10 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 10 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 10 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 10 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 10 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 10 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 10 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 10 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 10 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

Calculate your monthly liability in FY24

Tier 1 retailers

Most Popular Articles