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 / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

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