FBR updates, income tax, budgets and markets for Pakistan
18 articles
FBR Resumes Point of Sales Invoicing Prize Scheme. The Federal Board of Revenue (FBR) has resumed its suspended Point of Sale (POS) Prize Scheme from February 1. Point of sales prize schemes'…
Federal Board of Revenue (FBR) has suspended it's lucky draw of POS prize scheme till 31st January 2023. FBR issued press release and informed that it is suspended for taking more initiatives…
To encourage documentation of the economy and increase the tax net FBR initiated a step by integration of Point of Sales (POS) of tier 1 retailers with the FBR system. Under this…
FBR directed the Integration of Big Retailers with the POS System. The Federal Board of Revenue (FBR) on Tuesday directed the chief commissioners of the Regional Tax Offices (RTOs) to take steps…
Countdown Begins for FBR Lucky Draw 15 July 2022 Federal Board of Revenue (FBR) draws it’s lucky draw of Point of Sales (POS) Prize Scheme on 15th of every month for the…
The Federal Board of Revenue has announced a very interesting FBR POS Prize Scheme in which you can win 10,00,000 Rupees every month. FBR Announces prizes for purchasing any item from the…
List of Prize winners of point of sales prize Scheme of FBR lucky draw held on 15th June 2022. The Federal Board of Revenue has announced a FBR POS Prize Scheme in…
There is a very simple way to Register for FBR Point of Sale (POS) Lucky Draw (Via SMS): People can also verify FBR POS Invoice Slip and send an entry in the…
The Federal Board of Revenue (FBR) has brought amendment in the monthly sales tax return form to disallow 60 percent input tax credit to big nonintegrated Tier-1 retailers who have still not…
The Federal Board of Revenue has announced a very interesting FBR POS Prize Scheme in which you can win 10,00,000 Rupees every month. FBR Announces prizes for purchasing any item from the…
The Federal Board of Revenue (FBR) has claimed that it has busted the first biggest tax fraud of billions of rupees by tampering with its electronically integrated Point of Sales (POS) system…
Instructions issues by Chief Commissioner Regional Tax Office (RTO) Lahore Nasir Iqbal Khan for monitoring of sales of those Tier-1 Retailers (T-1Rs) who are resisting integration with Point of Sale (POS) system.…
All Tier 1 retailers are required to integrate with Board's Point of Sale online real time reporting system. In order to encourage integration with point of sale real time reporting system of…
A total of 1,572 big retailers have been integrated with the point of sales (POS) system of the Federal Board of Revenue (FBR). The Federal Board of Revenue (FBR) has issued a…
Federal Board of Revenue (FBR) on Tuesday said that the process of licensing the IT Service Providers for integration of Tier-1 retailers will take time. The FBR issued Rules for licensing of…
Federal Board of Revenue (FBR) has strongly rebutted the malicious disinformation campaign being spread on the social media against the proposed Service Charge @ of Rs.1 to be collected on all invoices…
Federal Board of Revenue (FBR) issues SRO No 1063(1)/2021, Dated: 24th August 2021 regarding the procedures and requirements for issuance of license to vendors for integration and installation of point of sales…
Federal Board of Revenue (FBR) on Monday launched prize scheme for customers of retailers, who integrated their sales through point of sales (POS) with the FBR's tax system. The FBR issued SRO…