POS invoicing system: Two restaurants sealed for issuing fake receipts ISLAMABAD: As part of FBR’s drive to bring Tier-1 retailers/ restaurants under the tax net through POS invoicing... Published 28 Oct, 2024 07:39am
Print FBR collects Rs647m as POS services fee since July ’23 ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 647 million under the head of point-of-sales (POS)... Updated 10 Oct, 2024 08:46am
Print E-compliance for real-time integration: Taxpayers including those in 14 business categories will have to pay heavy cost ISLAMABAD: Taxpayers including those in 14 categories of business enterprises would have to pay heavy cost for... Updated 05 Aug, 2024 10:37am
Markets Tax proposals: PBC calls for ‘out of box solutions’ The Pakistan Business Council (PBC), one of the country’s largest corporate sector advocacy platforms, has urged... Updated 20 May, 2024 08:06pm
Pakistan ROs, POs given magisterial powers ISLAMABAD: The Election Commission of Pakistan (ECP) has granted Returning Officers (ROs) and Presiding Officers... Published 15 Apr, 2024 03:56am
Pakistan ECP appoints ROs, POs for Senate elections ISLAMABAD: The Election Commission of Pakistan (ECP) on Sunday appointed returning officers and polling officers for... Published 11 Mar, 2024 04:45am
Business & Finance FMCG delegation assured: POS issue to be taken up with FBR PESHAWAR: Sarhad Chamber of Commerce and Industry President Fuad Ishaq assured the delegation of the Fast Moving... Published 07 Feb, 2024 05:30am
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
Business & Finance FTO recommends a taxpayer-friendly automated system ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly recommended that the Federal Board of Revenue (FBR) should... Published 30 Aug, 2023 03:33am
Business & Finance ST exemption: Units in NMDs get one-year extension ISLAMABAD: The government has extended the sales tax exemption to newly-merged districts (NMDs) (FATA/ PATA) for... Published 10 Jun, 2023 05:01am
Business & Finance FBR directed to ensure bug-free system for POS lucky draws ISLAMABAD: The Federal Tax Ombudsman (FTO) has strictly directed the Federal Board of Revenue (FBR) to ensure... Published 30 May, 2023 03:37am
Business & Finance FBR directed to deregister small jewellers SLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to deregister small... Published 24 May, 2023 05:57am
Business & Finance SBP abolishes lower range of MDR for POS KARACHI: The State Bank of Pakistan (SBP) has announced to abolish the lower range of Merchant Discount Rate (MDR),... Updated 19 Mar, 2023 09:45am
Business & Finance Cyclostyle replies against POS integration notices adding to miseries of taxpayers, dept LAHORE: Filing of cyclostyle replies against Point of Sale (POS) integration notices for Tier-1 Retailers (T-1Rs) ... Published 17 Mar, 2023 06:15am
Business & Finance FBR asks 81 big retailers to get integrated with POS ISLAMABAD: The Federal Board of Revenue (FBR) has directed 81 unregistered retailers (Tier-1) to integrate them with... Published 11 Jan, 2023 05:53am
Business & Finance Oct revenue of RTO Lahore surpasses target LAHORE: The Regional Tax Office (RTO) Lahore has surpassed revenue target for the month of October 2022 as well as... Published 04 Nov, 2022 05:56am
Business & Finance FBR issues list of POS prize winners ISLAMABAD: The Federal Board of Revenue (FBR) has held the 10th computerised ballot for its flagship initiative, the... Published 16 Oct, 2022 03:53am
Supplements METRO Pakistan (Pvt) Limited TEXT: METRO Pakistan strengthens the documented economy and is an important exchequer collector. On an average it is... Published 03 Oct, 2022 05:52am
Business & Finance ‘T-1Rs and tax inspectors are busy in defeating POS integration mechanism’ LAHOE: Both Tier-1 Retailers (T-1Rs) and tax inspectors of various field formations of Federal Board of Revenue ... Published 01 Oct, 2022 04:20am
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 FBR’s ‘overcontrol’ slows down T-1Rs integration with POS system LAHORE: Overstretched control of the Federal Board of Revenue (FBR) has slowed down the integration of Tier-1... Published 02 Aug, 2022 05:36am
Business & Finance SRB integrates 56 more restaurants with POS system KARACHI: Chairman Sindh Revenue Board Dr Wasif Ali Memon, in appreciation of compliant taxpayers of the Restaurant... Published 08 Jun, 2022 06:19am
Business & Finance May RTO Lahore collection grows 59pc to 18.3bn YoY LAHORE: The Regional Tax Office (RTO) Lahore has collected Rs18.3 billion in the month of May against Rs11.5 billion... Published 03 Jun, 2022 05:56am
Business & Finance FTO urges retailers to help FBR document economy ISLAMABAD: The Federal Tax Ombudsman (FTO) has advised the traders, retailers to voluntarily come forward to accept... Published 26 May, 2022 05:26am
Business & Finance Number of unregistered retailers decreases ISLAMABAD: The number of unregistered retailers (Tier-1) has decreased from 1,358 to 185 retailers, who are required... Published 06 Apr, 2022 05:53am
Business & Finance Malfunctioning of new NSTR portal: Integrated retailers unable to file correct tax returns LAHORE: Retailers already connected to FBR-POS Integration system are unable to file correct tax returns for past ... Published 24 Mar, 2022 05:36am
Print Tier-1 retailers avoiding POS system: GST return form amendment aimed at disallowing 60pc input tax credit ISLAMABAD: The Federal Board of Revenue (FBR) has amended the monthly sales tax return form to insert a new column... Updated 09 Mar, 2022 09:55am
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 Documentation, reporting: Tier-I retailers told to install debit, credit card machines ISLAMABAD: To avoid cash transactions, the Federal Board of Revenue (FBR) has directed all integrated Tier-I... Published 20 Jan, 2022 04:21am
Business & Finance Finance (suppl.) bill: RCCI summit makes last-minute proposals ISLAMABAD: International Chambers Summit 2022, Wednesday, proposed amendments to the Finance Supplementary Bill, ... Published 13 Jan, 2022 07:17am