The Federal Board of Revenue has integrated 9,130 big retailers into the Point of Sales (POS) system up to September 2024 to document transactions of Tier-I retailers, especially hotels/restaurants.
According to the list of retailers compiled by the FBR till September 2024, a total of 9,130 Tier-I retailers were registered with the POS system.
Out of 9,130 big retailers with the POS system up to July 2024, a total of 660 restaurants were registered with the POS system and 506 leather and textile retailers were registered with the FBR till July 2024.
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Very good exercise, everyone has to pay its own share in taxes.
Atleast something has started. Gradually more will come. Those who are threatening to strike are not faithful to country.
Still alot of things are missing but good effort. Keep it up and reach to every person who can pay tax.
FBR is collecting One rupee on every transaction. This money ( FBR chairman himself admits to multi billion amount!), should have been returned to shoppers in the shape of lottery prizes. But NO, it’s not happening. FBR stop looting your customers.