
Retailers given DEC 1st Deadline by FBR
The Federal Board of Revenue (FBR) on Thursday asked the big retailers to ensure installation of its point-of-sale invoicing app into their systems by December 1 to report turnover with the tax authority on real-time basis. If the retailers fail to link their systems with the FBR, they would not be entitled to the reduced 14% sales tax, according to the FBR’s notification. The FBR, … Continue reading Retailers given DEC 1st Deadline by FBR