{"id":99892,"date":"2024-10-13T10:00:00","date_gmt":"2024-10-13T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=99892"},"modified":"2024-10-11T16:37:50","modified_gmt":"2024-10-11T11:37:50","slug":"fbr-collects-pkr-647-pos","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-collects-pkr-647-pos.html","title":{"rendered":"FBR directs PKR 309 mn from POS fees to employee welfare"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) has collected Rs 647 million in point-of-sale (POS) service fees since July 2023, with PKR 309 million allocated for employee welfare, according to a news source on October 10.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-to-unveil-new-valuations-of-property-today.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR to unveil new valuations of property today, massive rise expected<\/a><\/p>\n\n\n\n<p>Pursuant to the details, the fees were part of a PKR 1 charge per invoice, with additional funds directed towards POS systems, media campaigns, and customer rewards.<\/p>\n\n\n\n<p>The Senate Standing Committee on Finance also reviewed legal issues around provincial taxes on exports, noting that a proposed 2% Infrastructure Development Cess by Khyber Pakhtunkhwa could negatively affect exports.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-sets-eye-on-2-8-mn-new-taxpayers.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR sets eye on 2.8 mn new taxpayers to increase revenue by 1.6 tn<\/a><\/p>\n\n\n\n<p>Additionally, a 10% levy imposed by Iran on Pakistani transporters was flagged as unfair, with the FBR urging the Ministry of Communications to address this with Iranian authorities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has collected Rs 647 million in point-of-sale (POS) service fees since July 2023, with PKR 309 million allocated for employee welfare, according to a news source on October 10. Read: FBR to unveil new valuations of property today, massive rise expected Pursuant to the details, the fees were part of a PKR 1 charge per invoice, with additional funds directed towards POS systems, media campaigns, and customer rewards. The Senate Standing Committee on Finance also reviewed legal issues around provincial taxes on exports, noting that a proposed 2% Infrastructure Development Cess by Khyber Pakhtunkhwa could negatively affect exports. Read: FBR sets eye on 2.8 mn new taxpayers to increase revenue by 1.6 tn Additionally, a 10% levy imposed by Iran on Pakistani transporters was flagged as unfair, with the FBR urging the Ministry of Communications to address this with Iranian authorities.<\/p>\n","protected":false},"author":88,"featured_media":99068,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[54453,19230],"persona":[],"class_list":{"0":"post-99892","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-fbr-news-and-updates","9":"tag-federal-board-of-revenue-fbr","10":"cat-15017-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 Collects PKR 647 mn POS - Zameen News<\/title>\n<meta name=\"description\" content=\"FBR collects PKR 647m in POS service fees since July 2023, allocating PKR 309m for employee welfare: Report.\" \/>\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-collects-pkr-647-pos.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR Collects PKR 647 mn POS - Zameen News\" \/>\n<meta property=\"og:description\" content=\"FBR collects PKR 647m in POS service fees since July 2023, allocating PKR 309m for employee welfare: Report.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-collects-pkr-647-pos.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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