Trends - Tier 1 retailers - Business Recorder

Tier 1 retailers

Non-certified receipts: FBR plans imposing heavy fines on big retailers

ISLAMABAD: The Federal Board of Revenue (FBR) is planning to impose heavy fines on big retailers, who are found to...

Updated 14 Sep, 2024 12:26pm

9,130 big retailers integrated in POS system

ISLAMABAD: The Federal Board of Revenue (FBR) has integrated 9,130 big retailers into Point of Sales (POS) system up...

Updated 05 Sep, 2024 08:53am

Business & Finance

Govt accused of giving boost to undocumented retail sector thru budget

LAHORE: The budget 2023-24 has given more relaxation to the undocumented and unregistered retail sector and...

Published 16 Jun, 2023 06:27am

Business & Finance

Tier-1 retailers unhappy with direct imposition of ‘highest’ penalty

LAHORE: The Tier-1 Retailers (T-1Rs) are offended with direct imposition of the highest degree of penalty by the...

Published 05 Mar, 2023 03:36am

Business & Finance

Early closure of markets: APTMA North urges govt to hold talks

LAHORE: Chairman All Pakistan Textile Mills Association (APTMA) North, Hamid Zaman, has urged the government to take...

Published 01 Mar, 2023 06:21am

Business & Finance

FBR resumes POS Prize Scheme

ISLAMABAD: Federal Board of Revenue (FBR) has resumed its suspended Point of Sale (POS) Prize Scheme from 1st...

Published 16 Feb, 2023 06:08am

Unregistered Tier-1 retailers asked to integrate with POS

ISLAMABAD: The Federal Board of Revenue (FBR) has directed 124 unregistered retailers (Tier-1) to integrate them ...

Updated 11 Feb, 2023 08:56am

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

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

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

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

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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

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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