February 11, 2022: The Federal Board of Revenue (FBR) has introduced innovated Point of System (PoS) for monitoring sales made by tier-1 retailers across Pakistan. The POS verified Invoices shot Up three times as Campaign on prize scheme picks up momentum, said a press release issued by FBR on Friday.

Amongst various innovative initiatives launched by FBR to maximize tax compliance through digitization of business transactions, automation of its operations and facilitation of taxpayers, Point of System is one key intervention that aims to monitor sales made by Tier-1 Retailers across Pakistan.

Adding value to this critically important sector and plug revenue leakages, FBR has launched an aggressive awareness campaign on the mainstream national media to educate and engage consumers in order 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 first ballot has already been conducted in front of the TV Channels and the winners were contacted live during the ceremony and congratulated by Chairman FBR himself over the phone call.

Around 800 winners have also been transferred prize money into their accounts after the due diligence and required verification.

This is truly an unprecedented example of involving citizens in tax compliance and raise their awareness about their national responsibility to not pay their due tax but also safeguard the same from being stolen on its way to national exchequer.

The ongoing outreach campaign and the prize scheme have started paying the desired dividends as numbers speak for themselves. In January, FBR has witnessed that over 1,53,000 invoices were verified by customers who shopped from outlets integrated with FBR POS System as against 45000 in December when the campaign was launched.

Likewise, around a 37 million invoices were issued by Tier-1 Retailers which are integrated with FBR POS System in January as compared to 33 million in December, 2021, registering a steady growth of 4 million.

The number of customers has jumped from 10,000 to 27,000 within one month who successfully verified their invoices.

However, 29,000 invoices issued by Tier-1 Retailers couldn't be verified which are presumably fake.

This is a phenomenal increase in public participation and is likely to further grow with every passing day.

The second computerized ballot is to be held on 15th February (Tuesday evening) at FBR Headquarters, Islamabad. It is so why reassuring to see that people at large are excited to engage in this exercise.

It is so very reassuring to witness that citizen have started responding to his call and are demanding Pakki Receipt from the retail outlets.

FBR has already distributed prizes worth Rs53 million among the lucky 1007 winners in the first computerized ballot held on 15th January, 2022.

It is also heartening to see that people are showing a lot of interest in becoming part of next computerized draw, which will be held on 15th February, 2022.

It is further encouraging to witness that a huge number of customers are verifying their shopping receipts through FBR's Tax Asaan Mobile App and SMS.

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