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
Print 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
Print 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
Print 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
Business & Finance 'FBR has targeted 500,000 retailers to boost revenue' LAHORE: Around 500,000 countrywide retailers with a tax potential of about Rs 1,500 billion are the target of ... Published 07 Nov, 2021 05:39am
Print POS integration: List of 608 Tier-1 retailers unveiled ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 608 big retailers (Tier-1), which are required to... Updated 07 Nov, 2021 02:47pm
Print Retail outlets: FBR required to check authenticity of PoS software ISLAMABAD: The Federal Board of Revenue (FBR) is required to check the authenticity of the point of sale (PoS)... Updated 05 Nov, 2021 09:54am
Pakistan Integration with POS system: Notices issued to 200 Tier-1 retailers LAHORE: Compliance notices have been served on 200 retail outlets of leather, sports and textile goods, falling ... Updated 12 Oct, 2021 10:46am
Print 1,136 big retailers required to be integrated with POS system by 10th ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 1,136 big retailers (Tier-1), which are required... Updated 06 Oct, 2021 09:46am
Business STGO for Tier-1 Retailers: KTBA terms inclusion of small traders ‘unjustified’ KARACHI: Karachi Tax Bar Association (KTBA) has termed the inclusion of small traders in the Sales Tax General Order... Published 03 Oct, 2021 04:16am
Editorials FBR: Don’t use shortcuts EDITORIAL: Fears of the business community that the Federal Board of Revenue (FBR) would ask them questions relating... Published 01 Oct, 2021 04:07am
Business & Finance Point of sales systems: Businesspeople seek 'amnesty scheme' for Tier-1 retailers KARACHI: The business community has urged the Federal Board of Revenue (FBR) to introduce an amnesty scheme for... Published 29 Sep, 2021 03:59am
Foreign authorities seeking properties/bank accounts info: FBR won’t intimate concerned taxpayer about request