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POS integrated invoices surge by 26.3pc to 48m in March: FBR

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The invoices issued by Tier-1 Retailers integrated with Point of Sale (POS) System mounted to 48 million during the month of March 2022 against the integration of 38 million in February, showing increase of 26.3 percent, Federal Board of Revenue (FBR) said Wednesday.

In a tweet, the board said that likewise as many as 48000 individuals who shopped from outlets integrated with FBR POS System verified invoices in March compared to 39000 in February 2022, this shows huge trust of public in FBR.

“In Mar are 48 M against 38 M in Feb,22. Verified invoices rose to 410,000 in Mar which were 260,000 in Feb.48000 individuals verified invoices in Mar & they were 39000 in Feb 2022. Huge trust in FBR!,” FBR tweeted.

The ongoing campaign and the prize scheme continued to gain momentum as numbers kept growing up.

It as a phenomenal increase in public participation and expressed the hope that it was likely to grow further with every passing day, according to recently released Monthly Economic Update and Outlook for March 2022.

It is pertinent to mention here that FBR had launched an intensive awareness campaign on the mainstream national media to educate and engage consumers to ensure that tax collected from them at the point of sale is deposited into the state exchequer and not pocketed by the retailers themselves.

The campaign also encompasses a prize scheme worth Rs.53 million to be disbursed among 1007 lucky winners through a transparent computerized ballot being held on 15th of every month at FBR Headquarters, Islamabad.—APP

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