FBR offers rewards for reporting fake receipts at restaurants, retailers
Federal Board of Revenue launches Point of Sales Prize Scheme, offering cash rewards for reporting fake receipts of restaurants and retailers via the Tax Asaan App According to FBR, receipts of restaurants and retailers can be verified by QR code on the Tax Asaan mobile app. A reward of Rs20,000
Flour prices surge in Punjab
Flour mills across Punjab have raised the rates for 10 kg and 20 kg flour bags, adding to the strain on household budgets. In the open market, it has become difficult for the low-income group, who are worried about inflation, to buy a bag of flour. In the open market,
FBR enforces monthly tax on small retailers
The Federal Board of Revenue (FBR) has introduced a fixed monthly tax scheme for small shopkeepers and retailers across 42 cities, with payments ranging from Rs. 100 to over Rs. 20,000. Moreover, the tax amount varies based on the shop’s location and is outlined in S.R.O. 1064 (I)/2024, which amends