FBR Can Seal Businesses That Fail to Connect to Monitoring System
FBR amendments to Sales Tax Rules allow authorities to seal registered business premises that fail to connect required monitoring systems to its network.
FBR Tightens Digital Transaction Integration Rules for Sales Tax Registered Businesses
The Federal Board of Revenue (FBR) has tightened sales tax compliance rules, requiring all integrated businesses to offer debit/credit card, QR code, and other digital payment options, register all outlets with its system, and issue real-time e-invoices, with strict penalties for violations.
FBR Introduces E-Invoice Integration and Stricter Rules to Curb Fake Tax Invoices
The Federal Board of Revenue has amended the Sales Tax Rules 2006, introducing mandatory e-invoice integration and empowering commissioners to suspend registrations over fake invoices, aiming to boost transparency and compliance.