ISLAMABAD: In an attempt to combat tax evasion by exposing fraudulent receipts, the Federal Board of Revenue (FBR) has brought back its Point of Sale (POS) reward program.
Customers are encouraged to shop at FBR-registered establishments that are linked to the authority’s online platform.
In exchange, they can enter a monthly fortunate draw to win cash prizes of between Rs. 10,000 and Rs. 20,000.
Purchase from FBR-Registered Shops: Purchases from restaurants that have integrated the FBR system and tier-one retailers are the only ones that qualify.
There are two categories under which public can get prize amount.
The winners will be selected through a computerized draw every month.
For a QR code, look: Verify if there is a QR code on the receipt. This shows that the store is connected to the FBR computer network.
Use the Tax Easy App to confirm: To verify if the invoice is authentic, scan the QR code using the “Tax Easy” smartphone app.
Steer clear of raw receipts: Refuse the store’s handwritten or simple receipt and report the incident if it is provided.
Report False Invoices: Take a clear picture of the dubious invoice, add the name and address of the store or eatery, and then upload the information to the Tax Easy app.
ISLAMABAD (Rizwan Abassi): Pakistan’s recent trade policy has gained significance amid reports that the United…
ISLAMABAD: Important legislation may be considered in the negotiations between the Pakistan People's Party (PPP)…
ISLAMABAD: If you are thinking of applying for a UK visa from Pakistan and are…
LAHORE: The Drugs Control of Punjab declared a Class-I alert after the lab tests confirmed…
KARACHI: The government has decided to include unmarried women above the age of 35 in…
ISLAMABAD: The Pakistan Institute of Development Economics (PIED) has recommended setting the minimum monthly wage…