Islamabad: The Federal Board of Revenue (FBR) has redirected a portion of its revenues from point-of-sale (POS) service fees to enhance employee welfare, with PKR 309 million allocated from a total collection of PKR 647 million since July 2023.
According to Zameen.Com, the collected fees stem from a PKR 1 charge per invoice, with remaining funds being utilized for enhancements to POS systems, media campaigns, and customer incentives. The details emerged amid discussions by the Senate Standing Committee on Finance, which also addressed legal concerns regarding provincial taxes on exports. Notably, a proposed 2% Infrastructure Development Cess by Khyber Pakhtunkhwa was discussed, with concerns it could deter export activities.
The committee further addressed an issue involving a 10% levy imposed by Iran on Pakistani transporters, deeming it unfair and prompting the FBR to request the Ministry of Communications to engage with Iranian authorities to resolve the matter.