Collection of sales tax via PoS machines surges 40pc
Sales tax collection through the Point-of-Sale (PoS) system surged by 40 per cent in FY25, reaching Rs414 billion compared to Rs295bn in the previous year, reflecting a significant improvement in the documentation of retail sales. The Federal Board of Revenue (FBR) stated that the PoS system is helping to bring luxury retail items and affluent consumers into the tax net by targeting Tier-1 retailers, including large malls and major retail chains. According to the FBR, real tax collection grew by 42pc in FY25 — the highest in a decade. It clarified that while nominal growth can be inflation-driven, real growth indicates stronger purchasing power, enabling the government to fund public welfare initiatives.