Tag: #Retailers
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Federal Minister for Finance directs NPMC to reduce price gaps between growers and retailers
Federal Minister for Finance and Revenue Shaukat Tarin ordered the National Price Monitoring Committee (NPMC) to ensure a comprehensive strategy to decrease the prices gap between growers and retailers. He stated that this deduction in price gap would lower the prices of the basic necessities of the people. The meeting was also attended by…
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Over 930 million tons of food thrown away in waste bins every year: UN global report
Food Waste Index Report 2021 found that 1.03 billion tons of food were wasted by households, retailers and restaurants
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German Retailers Lose Daily Revenues of 700 million Euros
German retailers have lost daily revenues of 700 million euros.
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Three Years Jail Time on Sales Tax Registration Failure
A person who makes taxable supplies but fails to get sales tax registration shall be liable to pay fine and penalties besides the person is also liable to imprisonment up to three years.d Under Sales Tax Act, 1990, any person who is required to apply for registration under the Act fails to make an…
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FBR launches tax returns for small retailers in regional languages
ISLAMABAD, Sep 29 (APP): The Federal Board of Revenue (FBR) has launched Income Tax Returns in regional languages to facilitate small retailers. The returns have been launched in Punjabi, Sindhi, Balochi and Pashto languages in line with the vision of the Prime Minister and directions of Advisor to PM on Finance and Revenue, said an…