Trends - Point of Sale - Business Recorder

Point of Sale

Most of super stores linked with POS discharging tax liabilities: FCCI

FAISALABAD: Most of the Super Stores are linked with Point of Sale (POS) and are discharging their tax liabilities...

Published 23 Oct, 2024 07:50am

Restaurants and cafes: SRB carries out surprise snap checking, awareness exercise

KARACHI: In the recent wake of social media posts and online complaints lodged at various portals from customers and...

Updated 23 Sep, 2024 09:22am

Opinion

Bring back zero-rating

Should the government ensure implementation of sales tax at the point-of-sale, ~Rs 293 billion in tax revenue could...

Updated 13 Aug, 2024 07:51am

Business & Finance

Only Sindh, Balochistan specify rules for OMP

LAHORE: Apart from Sindh and Balochistan, no other provinces have issued any specific rules with respect to online...

Published 04 May, 2024 05:48am

Opinion

Technical Release 4/2024: e-integration--Point of Sale (POS) system

Introduction, The Federal Board of Revenue through SRO 428(I)/2024 dated March 22, 2024 has undertaken one of the...

Published 27 Mar, 2024 04:38am

Technology

Management buyout: Saad Niazi takes charge as acting CEO of Keenu

Keenu, a leading player in digital payment services and an Electronic Money Institution (EMI), has announced...

Updated 16 Feb, 2024 09:32pm

Business & Finance

Computerised system: FBR asks integrated suppliers to declare all outlets

ISLAMABAD: The Federal Board of Revenue (FBR) has made it mandatory for the integrated suppliers to declare all ...

Published 08 Dec, 2023 05:20am

PoS payments fall 50pc after protest violence

KARACHI: Point-of-sale transactions routed through Pakistan’s main digital payment systems fell by around 50% the...

Published 12 May, 2023 05:59am

Business & Finance

Traders for reduction in ST rate, against double taxation

ISLAMABAD: Traders have proposed reducing the sales tax to single digit, phase wise, besides demanding that double...

Published 26 Apr, 2023 06:15am

Business & Finance

FBR all set to ‘revolutionise’ POS, TTS

ISLAMABAD: The Federal Board of Revenue (FBR) is all set to revolutionise Point of Sale (POS) and Track and Trace...

Published 03 Apr, 2023 06:36am

Business & Finance

Meezan Bank enters into agreement with PaySa

KARACHI: Meezan Bank, Pakistan’s leading Islamic bank and PaySa, a fintech startup specializing in digital...

Published 30 Mar, 2023 06:35am

Business & Finance

Strategic Roadmap Initiative: PM Office team satisfied with progress made by FBR

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad on Tuesday informed the Prime Minister’s Office that...

Published 30 Nov, 2022 07:44am

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

New scheme for traders on the cards

ISLAMABAD: The Federal Board of Revenue (FBR) is working on another scheme for the traders’ community in...

Updated 11 Oct, 2022 09:58am

Business & Finance

RTO Lahore achieves target for 1Q of FY22-23

LAHORE: The Regional Tax Office (RTO) Lahore has already knocked down the target for 1st Quarter of Financial Year...

Published 29 Sep, 2022 05:54am

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

Little knowledge of POS regime causes hurdles to integration of T-1Rs

LAHORE: A lack of understanding regarding penalties under Point of Sale (POS) regime on the part of tax ...

Published 07 Jul, 2022 06:57am

PoS integration by restaurant sector: SRB chief distributes certificate of appreciation

KARACHI: Sindh Revenue Board Chairman Dr Wasif Ali Memon in appreciation of compliant taxpayers of the restaurant...

Published 01 Jul, 2022 06:13am

Business & Finance

Federal Capital: Majority of restaurants, eateries involved in ST evasion

ISLAMABAD: A majority of restaurants and eateries in the federal capital are involved in massive sales tax evasion...

Updated 28 Jun, 2022 02:13pm

PTI criticises govt for taking ‘regressive’ economic steps

ISLAMABAD: While lashing out at government for imposing and hiking taxes, former foreign minister Shaukat Tarin...

Updated 27 Jun, 2022 10:01am

Business & Finance

RTO postpones ‘POS balloting’

LAHORE: The Regional Tax Office (RTO) Lahore has postponed planned balloting of Point of Sale (POS) in the city on...

Published 21 Apr, 2022 05:26am

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

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

Pakistan

Integration with POS: excessive notices lead to a lot of litigation

LAHORE: Excessive issuance of notices to retailers for integration with Point of Sale (POS) system without proper...

Published 17 Dec, 2021 04:30am

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

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

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

Point of Sale: Businessmen’s concerns to be addressed: Tarin

ISLAMABAD: Advisor on Finance and Revenue Shaukat Tarin has held out an assurance to a delegation of traders of...

Published 05 Nov, 2021 04:39am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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