Updates
Big retailers integrated with point of sales system of FBR
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…
#RetailersTier1
4 articles
Business
500,000 Retailers Targeted by FBR to Boost Revenue
About 500,000 countrywide retailers with a tax potential of about Rs 1,500 billion are the new target of Federal Board of Revenue (FBR) to ensure growth in revenue collections. According to Business…
Updates
License Issuance Procedures for Integration of Point of Sales of Tier-1 Retailers with FBR
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…
Taxation
Deadline and penalty for Tier-1 retailers and other tax provisions relating there to
The Federal Board of Revenue (FBR) has advised Tier-1 Retailers to integrate their invoicing systems with the tax Realtime invoicing system of Federal Board of Revenue. FBR has given 15th August, 2021…