Islamabad: According to news released on Monday, the Federal Board of Revenue (FBR) has announced a prize plan for buyers who shop at POS-integrated tier-1 retailers (December 13).
According to the specifics, the winners will be chosen via a computerised ballot, and they will have the opportunity to win a variety of gifts worth thousands of rupees. The prize scheme was established by the Finance Act of 2021, which was followed by the publication of prize scheme guidelines on August 9, 2021.
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More information was revealed, including the fact that computerised balloting will begin on the 15th of every month in January 2022. The first prize is worth PKR 1,000,000, the second prize is worth PKR 500,000, the third prize is worth PKR 250,000, and the 1,000th prize is for PKR 50,000. The overall prize pool is PKR 53 million, which will be awarded monthly to 1,007 winners.
Furthermore, the FBR’s prize plan, according to the FBR, would help maximise transparency and reduce income leakage by tracking sales. It will also make certain that the tax collected is placed in the state’s coffers.
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Customers will be encouraged to shop at POS-integrated retail outlets as a result of this campaign, which will speed up the integration of the POS system for tier-1 shops. According to reports, customers can enter the poll by authenticating their receipts via the Tax Asaan Mobile App or submitting the invoice number to 9966 through SMS.
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