{"id":72793,"date":"2020-12-18T18:00:36","date_gmt":"2020-12-18T13:00:36","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=72793"},"modified":"2020-12-18T18:28:45","modified_gmt":"2020-12-18T13:28:45","slug":"5-cashback-on-sales-tax-for-shoppers","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/5-cashback-on-sales-tax-for-shoppers.html","title":{"rendered":"5% cashback on sales tax for shoppers on purchases made from tier-1 retailers: FBR"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) has revealed that customers that shop from tier-1 retailers that have been integrated with the board\u2019s online system will receive a 5% cashback on the requisite sales tax, a news source reported on December 17. The cashback can be redeemed via FBR\u2019s wallet account.<\/p>\n\n\n\n<p>According to a notification shared by the FBR, an important amendment has been made in the Sales Tax Act, 1990 via the Finance Act, 2019 to sanction the aforementioned cashback facility. Reportedly, the board launched the procedure to introduce the cashback after one and a half years of introducing the law.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-forms-complaint-resolution-committees-to-resolve-taxpayers-woes.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR forms complaint resolution committees to resolve taxpayers\u2019 woes<\/a><\/p>\n\n\n\n<p>In order to avail the offer, customers are required to sign up for the Tax Asaan application available for smartphone users; this app allows users to create an FBR wallet account. According to the notified procedure, the system will automatically calculate the 5% amount of the sales tax paid as soon as the electronically generated invoice is verified.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has revealed that customers that shop from tier-1 retailers that have been integrated with the board\u2019s online system will receive a 5% cashback on the requisite sales tax, a news source reported on December 17. The cashback can be redeemed via FBR\u2019s wallet account. According to a notification shared by the FBR, an important amendment has been made in the Sales Tax Act, 1990 via the Finance Act, 2019 to sanction the aforementioned cashback facility. Reportedly, the board launched the procedure to introduce the cashback after one and a half years of introducing the law. Read: FBR forms complaint resolution committees to resolve taxpayers\u2019 woes In order to avail the offer, customers are required to sign up for the Tax Asaan application available for smartphone users; this app allows users to create an FBR wallet account. According to the notified procedure, the system will automatically calculate the 5% amount of the sales tax paid as soon as the electronically generated invoice is verified.<\/p>\n","protected":false},"author":18,"featured_media":61403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[44303,44304,44301,44302],"persona":[],"class_list":{"0":"post-72793","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-5-cashback-on-sales-tax-for-shoppers","9":"tag-5-cashback-on-sales-tax-for-shoppers-on-purchases-made-from-tier-1-retailers","10":"tag-cashback-on-sales-tax","11":"tag-fbr-tier-1-retailers","12":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>5% cashback on sales tax for shoppers: FBR - Zameen News<\/title>\n<meta name=\"description\" content=\"In order to avail the offer, customers are required to sign up for the Tax Asaan application available for smartphone users; this app allows users...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/5-cashback-on-sales-tax-for-shoppers.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5% cashback on sales tax for shoppers: FBR - Zameen News\" \/>\n<meta property=\"og:description\" content=\"In order to avail the offer, customers are required to sign up for the Tax Asaan application available for smartphone users; this app allows users...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/5-cashback-on-sales-tax-for-shoppers.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-18T13:00:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-18T13:28:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/02\/FBR.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samra Zulfiqar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samra Zulfiqar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"5% cashback on sales tax for shoppers: FBR - Zameen News","description":"In order to avail the offer, customers are required to sign up for the Tax Asaan application available for smartphone users; 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