{"id":99083,"date":"2024-09-10T10:50:29","date_gmt":"2024-09-10T05:50:29","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=99083"},"modified":"2024-09-10T11:47:17","modified_gmt":"2024-09-10T06:47:17","slug":"fbr-clarifies-pkr-1-fee-on-every-sale-invoice","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-clarifies-pkr-1-fee-on-every-sale-invoice.html","title":{"rendered":"PoS fee collection soars to PKR 660 mn in FY23, FBR announces"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) has announced an increase in Point-of-Sale (PoS) service fee collections, reaching PKR 660 million for the fiscal year 2023. <\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-to-hike-property-valuation-rates.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR to hike property valuation rates by up to 100% in 42 cities<\/a><\/p>\n\n\n\n<p>According to sources, the Finance Ministry&#8217;s statement to the National Assembly on Monday revealed that the FBR charges PKR 1 per sale invoice issued by tier-1 retailers. The total PoS fee collection for FY23 stood at PKR 660 million, compared to PKR 240 million in FY22, reflecting a significant increase in revenue from this source. The collected fees are used to support the welfare of Inland Revenue Service (IRS) officials, as well as the PoS prize scheme and media campaigns. However, the FBR added that the PoS prize scheme has been suspended for several months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has announced an increase in Point-of-Sale (PoS) service fee collections, reaching PKR 660 million for the fiscal year 2023. Read: FBR to hike property valuation rates by up to 100% in 42 cities According to sources, the Finance Ministry&#8217;s statement to the National Assembly on Monday revealed that the FBR charges PKR 1 per sale invoice issued by tier-1 retailers. The total PoS fee collection for FY23 stood at PKR 660 million, compared to PKR 240 million in FY22, reflecting a significant increase in revenue from this source. The collected fees are used to support the welfare of Inland Revenue Service (IRS) officials, as well as the PoS prize scheme and media campaigns. However, the FBR added that the PoS prize scheme has been suspended for several months.<\/p>\n","protected":false},"author":89,"featured_media":99068,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[3362,50904,19230,56222,59333,54568],"persona":[],"class_list":{"0":"post-99083","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-fbr","9":"tag-fbr-news","10":"tag-federal-board-of-revenue-fbr","11":"tag-news-and-updates","12":"tag-point-of-sale-services-fee","13":"tag-zameen-news","14":"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>FBR Clarifies PKR. 1 Fee on Every Sale Invoice - Zameen News<\/title>\n<meta name=\"description\" content=\"FBR collected PKR 590 million in PoS fees last fiscal year, charging Rs. 1 per invoice from tier-1 retailers.\" \/>\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\/fbr-clarifies-pkr-1-fee-on-every-sale-invoice.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR Clarifies PKR. 1 Fee on Every Sale Invoice - Zameen News\" \/>\n<meta property=\"og:description\" content=\"FBR collected PKR 590 million in PoS fees last fiscal year, charging Rs. 1 per invoice from tier-1 retailers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-clarifies-pkr-1-fee-on-every-sale-invoice.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=\"2024-09-10T05:50:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-10T06:47:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/09\/FBR_news-cover.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=\"Sabahat Abid\" \/>\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=\"Sabahat Abid\" \/>\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":"FBR Clarifies PKR. 1 Fee on Every Sale Invoice - Zameen News","description":"FBR collected PKR 590 million in PoS fees last fiscal year, charging Rs. 1 per invoice from tier-1 retailers.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/fbr-clarifies-pkr-1-fee-on-every-sale-invoice.html","og_locale":"en_US","og_type":"article","og_title":"FBR Clarifies PKR. 1 Fee on Every Sale Invoice - Zameen News","og_description":"FBR collected PKR 590 million in PoS fees last fiscal year, charging Rs. 1 per invoice from tier-1 retailers.","og_url":"https:\/\/www.zameen.com\/news\/fbr-clarifies-pkr-1-fee-on-every-sale-invoice.html","og_site_name":"Pakistan Real Estate News &amp; 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