TAXATIONSeptember 21, 2022FBR directed the Integration of Big Retailers with POS System By Admin FBR directed the Integration of Big Retailers with POS SystemFBR directed the Integration of Big…Read more
FINANCEJanuary 17, 2022FBR decides to integrate foreign exchange dealers with Point of Sale system By Admin The Federal Board of Revenue (FBR) has decided to integrate the foreign exchange dealers with its…Read more
BusinessesDecember 29, 2021FBR monitoring teams will assess sales of resisting Tier-1 retailers By Admin Instructions issues by Chief Commissioner Regional Tax Office (RTO) Lahore Nasir Iqbal Khan for…Read more
TAXATIONDecember 25, 2021Corporate Tax Office Lahore imposes penalty on 35 Tier-1 Retailers By Admin The Corporate Tax Office (CTO) Lahore has imposed penalty of reducing adjustable input tax by 60%…Read more
UPDATESDecember 9, 2021FBR decided to impose effective section 40B of the Sales Tax Act 1990 to curb tax evasion By Admin The Federal Board of Revenue (FBR) has decided to outline guide techniques for Inland Revenue…Read more
UPDATESDecember 4, 2021FBR's new deadline for big retailers to integrate with POS system to avoid disallowance of input tax By Admin The Federal Board of Revenue (FBR) has directed 482 identified Tier-I Retailers (big retailers) to…Read more
BUDGETNovember 28, 2021Tax credit to Tier-1 retailers installing Point of Sales machines of FBR By Admin All Tier 1 retailers are required to integrate with Board’s Point of Sale online real time…Read more
BusinessesNovember 8, 2021500,000 Retailers Targeted by FBR to Boost Revenue By Admin About 500,000 countrywide retailers with a tax potential of about Rs 1,500 billion are the new…Read more
UPDATESNovember 6, 2021FBR issues list of Tier-1 non-integrated retailers By Admin Federal Board of Revenue (FBR) on Friday issued a list of 608 Tier-1 retailers, who are not…Read more
BusinessesOctober 6, 2021List of Tier-1 Retailers identified by FBR to integrate with POS system to claim input tax By Admin The Federal Board of Revenue (FBR) has issued a list of 1,136 big retailers (Tier-1) who are…Read more