Trends - Tier 1 retailers - Business Recorder

Tier 1 retailers

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

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

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

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

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

Real-time sales reporting: Invoice machines required to be integrated with FBR system

ISLAMABAD: The Federal Board of Revenue (FBR) has been empowered to require any person or class of persons to...

Published 18 Sep, 2021 04:04am

Business

New requirements to cause problems for Tier-1 retailers: expert

KARACHI: The requirements of paid-up capital and migration are the serious challenges that will hinder the...

Published 10 Sep, 2021 04:41am

Business & Finance

Prize scheme: FBR following in the footsteps of Punjab govt

LAHORE: The Federal Board of Revenue (FBR) has copied the prize scheme of the Punjab government to allure taxpayers...

Published 08 Sep, 2021 04:06am

Big retailers must get integrated by 15th: FBR

Board warns identified Tier-1 Retailers would be denied credit for input tax equal to 60% claimed in sales tax return for August 2021

Updated 07 Sep, 2021 11:22am

Gainers
Losers
Leaders

Stock	Price
Prud Mod.1st / Jan 28 First Prudential Modaraba(PMI)	2.24 ▲ 0.24 (12.00%)
PICIC Ins.Ltd. / Jan 28 PICIC Insurance Limited(PIL)	1.23 ▲ 0.09 (7.89%)
Jahangir Sidd(Pref) / Jan 28 Jahangir Sidd(Pref)(JSCLPSA)	7.99 ▲ 0.49 (6.53%)
KASB Mod / Jan 28 KASB Modaraba(KASBM)	2.23 ▲ 0.12 (5.69%)
Nimir Ind.Chem. / Jan 28 Nimir Industrial Chemicals Limited(NICL)	107.95 ▲ 4.95 (4.81%)
Pakistan Cables / Jan 28 Pakistan Cables Limited(PCAL)	167.00 ▲ 5.00 (3.09%)
Kohinoor Spining / Jan 28 Kohinoor Spinning Mills Limited(KOSM)	4.48 ▲ 0.12 (2.75%)
Next Capital / Jan 28 Next Capital Limited(NEXT)	9.50 ▲ 0.20 (2.15%)
Nimir Resins / Jan 28 Nimir Resins Limited(NRSL)	16.32 ▲ 0.34 (2.13%)
Nishat ChunPow / Jan 28 Nishat Chunian Power Limited(NCPL)	16.55 ▲ 0.27 (1.66%)

Stock	Price
Pak Gen.Ins. / Jan 28 The Pakistan General Insurance Co. Ltd.(PKGI)	3.85 ▲ -0.40 (-9.41%)
Jauharabad Sug / Jan 28 Jauharabad Sugar Mills Limited(JSML)	18.00 ▲ -0.44 (-2.39%)
First Pak Mod. / Jan 28 First Pak Modaraba(PAKMI)	3.11 ▲ -0.04 (-1.27%)
Oil & Gas Dev. / Jan 28 Oil & Gas Development Company Limited(OGDC)	86.80 ▲ -0.15 (-0.17%)
Pak Oilfields / Jan 28 Pakistan Oilfields Limited(POL)	392.50 ▲ -0.40 (-0.10%)
Pioneer Cement / Jan 28 Pioneer Cement Limited(PIOC)	86.49 ▲ -0.02 (-0.02%)
Allied Bank / Jan 28 Allied Bank Limited(ABL)	89.00 ▼ 0.00 (0.00%)
Abbott Lab. / Jan 28 Abbott Laboratories (Pakistan) Limited(ABOT)	719.89 ▼ 0.00 (0.00%)
Artistic Denim / Jan 28 Artistic Denim Mills Limited(ADMM)	87.00 ▼ 0.00 (0.00%)
Ados Pakistan / Jan 28 Ados Pakistan Limited(ADOS)	26.75 ▼ 0.00 (0.00%)

Stock	Volume
Hum Network / Jan 28 Hum Network Limited(HUMNL)	13,855,000 ▼ 0.00
Engro Fert. / Jan 28 Engro Fertilizers Limited(EFERT)	7,533,167 ▼ 0.00
Ghani Glo Hol / Jan 28 Ghani Global Holdings Limited(GGL)	7,333,000 ▼ 0.00
Telecard Limited / Jan 28 Telecard Limited(TELE)	3,553,000 ▼ 0.00
TRG Pak Ltd / Jan 28 TRG Pakistan Limited(TRG)	3,287,516 ▼ 0.00
Al-Shaheer Corp / Jan 28 Al Shaheer Corporation Limited(ASC)	3,160,500 ▼ 0.00
WorldCall Telecom / Jan 28 Worldcall Telecom Limited(WTL)	2,994,500 ▼ 0.00
Dost Steels Ltd. / Jan 28 Dost Steels Limited(DSL)	2,963,000 ▼ 0.00
D.S. Ind. Ltd. / Jan 28 D.S. Industries Limited(DSIL)	2,646,000 ▼ 0.00
Unity Foods Ltd / Jan 28 Unity Foods Limited(UNITY)	2,511,042 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 28	177.00
USD PKR Interbank Buying / Jan 28	176.90
USD to Japanese Yen / Jan 28	115.36
USD to Swiss Franc / Jan 28	0.93
Pound Sterling to USD / Jan 28	1.34
Euro to USD / Jan 28	1.11
UK LIBOR % / Jan 28	0.08

Stock	Volume
S&P 500 / Jan 28	4326.51
India Sensex / Jan 28	57276.94
Tokyo Nikkei / Jan 28	26170.30
Nasdaq / Jan 28	13352.79
Hang Seng / Jan 28	23807.00
FTSE 100 / Jan 28	7554.31
Dow Jones / Jan 28	34160.78
Germany DAX 30 / Jan 28	15524.27
France CAC40 / Jan 28	7023.80

Item	Value
Crude Oil / Jan 28	87.44
Karachi Cotton Assoc. / Jan 28	19480.00
Gold 10 Grams / Jan 28	106740.00
Gold Spot / Jan 28	1796.43
Cotton / Jan 28	121.63

Tier 1 retailers

Most Popular Articles