FBR announces prize scheme for customers buying products from POS-linked retailers
Prizes worth millions of rupees would be distributed under the scheme after a balloting process


KARACHI: Federal Board of Revenue (FBR) has announced a prize scheme for customers buying products from retailers linked with the point of sale (POS) machines.
According to the FBR spokesman, prizes worth millions of rupees would be distributed under the scheme after a balloting process. The FBR also said that the prizes worth of millions rupees would be given through lottery every month. The first phase of which would be held on January 15 at the FBR headquarters.
The FBR spokesman said that the first prize on POS would be one million rupees, two prizes of Rs0.5 million and four prizes will be included Rs 0.2 million. While one thousand prizes worth of 50,000 will also be given. The FBR will allocate 53 million per month for prize scheme.
“This balloting process will include customers who will buy products from POS-linked retailers in December 2021,” the spokesman said, adding that they would be launching an advertising campaign to guide the general public.
The FBR had begun implementation on the point of sales (POS) system by the end of July, bringing retailers into the tax net.
According to the FBR, a mechanical system would be introduced for tax collection from retail shops, shopping malls, and departmental stores.
“We will complete the survey of tiles and sanitary market in Gulbahar during the ongoing month and will begin tax collection through the mechanism by July end,” Commissioner FBR Kazi Afzal said and added that a 200 percent increase in point of sales is expected in the ongoing month.
He said that point of sales will increase to 150 by July 31. The commissioner further said that some reservations have been shared by the tiles association, however, they would be resolved after talks.

Four killed, three injured in separate terrorist attacks on police stations in KP
- 9 hours ago
BLA suicide attack on Nushki-Dalbandin highway leaves 7 dead, many injured
- 9 hours ago

Iran’s military vows retaliation in response to Trump’s threats
- 5 hours ago

The man whose tweets helped kill DEI
- 17 hours ago

Ration distribution turns tragic in Karachi as elderly woman dies in stampede
- 2 hours ago

Woman dies after falling from Karachi building during drug raid
- 8 hours ago
Fire at Kochani nightclub kills 51, injures over 100
- 9 hours ago
33 killed, dozens injured as tornadoes hit Central US
- 8 hours ago

FIA, IB receive praise from PM for dismantling human trafficking network
- 2 hours ago
New Zealand storms to nine-wicket win over Pakistan in first T20I
- 8 hours ago

Karachi's Soba Nagar transforms through collaborative WASH initiative
- 6 hours ago
Five killed as coaster plunges into ravine in Azad Kashmir
- 7 hours ago