FBR Relaunches POS Prize Scheme: Win Up to Rs. 20,000 by Reporting Non-Compliant Retailers

In a renewed push to tackle tax evasion and improve documentation of the economy, the Federal Board of Revenue (FBR) has revived its Point of Sale (POS) Prize Scheme. The initiative is aimed at encouraging consumers to actively participate in identifying and reporting businesses that are not issuing proper invoices through the FBR-integrated system. By simply scanning and verifying receipts, shoppers now have a chance to win monthly cash rewards of up to Rs. 20,000.

The POS Prize Scheme is part of a broader digital enforcement mechanism introduced by FBR to curb the circulation of fake or non-compliant receipts and to encourage retail outlets and restaurants to formally integrate with the national tax system. Customers who make purchases at these registered establishments are automatically eligible to enter a computerized lucky draw, provided they follow a few simple steps using the FBR’s mobile application.

To participate, shoppers must ensure that they are buying from tier-one retailers and restaurants that are registered with the FBR and have connected their billing systems to the authority’s real-time digital monitoring infrastructure. These businesses issue receipts embedded with a unique QR code, which signifies that the transaction has been recorded in the FBR system.

Using the official ‘Tax Easy’ app, customers can scan the QR code on their receipt to verify its authenticity. In cases where the receipt does not contain a QR code—or worse, if a business provides a handwritten or basic printed receipt—consumers are encouraged not to accept it. Instead, they can report the violation by submitting a clear photograph of the suspicious invoice along with the shop’s or restaurant’s name and location directly through the app.

The incentive system is structured into two prize tiers. For verified purchases of up to Rs. 5,000, consumers are eligible to win a cash prize of Rs. 10,000. For purchases exceeding Rs. 5,000, the prize amount increases to Rs. 20,000. Winners are selected each month through a transparent computerized draw.

This scheme is designed not only to reward honest consumers but also to create public accountability among retailers. By turning shoppers into active whistleblowers against tax evasion, the FBR aims to increase its oversight of retail transactions and expand the country’s formal tax net. Moreover, it supports the broader digitization agenda of the government, where technology is being deployed to modernize tax collection and strengthen regulatory compliance.

With the revival of the POS prize initiative, the FBR continues to emphasize the importance of digital verification and public participation in ensuring tax transparency. The scheme also serves as a reminder for businesses to comply with regulations or risk being reported and penalized.

As the FBR tightens its monitoring efforts through technology, both consumers and retailers are expected to play a vital role in shaping a more accountable and transparent tax environment in Pakistan.

Hot this week

LemFi and BVNK Transform Cross-Border Remittances with Stablecoin Infrastructure

Cross-border platform LemFi partners with BVNK to leverage regulated stablecoins for faster, cheaper international money transfers across global corridors.

SadaPay Launches GameZone to Enable Instant In App Purchases for Global Gaming Gift Cards

SadaPay introduces SadaPay GameZone, allowing users in Pakistan to buy official gaming gift cards and receive codes instantly directly within the mobile app.

SLGTrax Partners with Bank Alfalah to Enable RAAST QR Payments Across Outlets and Doorstep Deliveries

SLGTrax partners with Bank Alfalah to introduce RAAST QR payment solutions across physical outlets and doorstep deliveries for seamless digital transactions.

JazzCash Partners with Insignia and Swich Now to Enable Buy Now Pay Later at Online Checkout

JazzCash integrates its Buy Now Pay Later solution into the Insignia online shopping experience via Swich Now payment gateway to offer flexible digital payments.

Jubilee General Insurance and SCCI Partner to Provide Affordable Insurance Solutions for SMEs

Jubilee General Insurance signs an MoU with the Sarhad Chamber of Commerce and Industry to launch Dukan Hifazat and bridge the protection gap for SMEs.

Topics

LemFi and BVNK Transform Cross-Border Remittances with Stablecoin Infrastructure

Cross-border platform LemFi partners with BVNK to leverage regulated stablecoins for faster, cheaper international money transfers across global corridors.

SadaPay Launches GameZone to Enable Instant In App Purchases for Global Gaming Gift Cards

SadaPay introduces SadaPay GameZone, allowing users in Pakistan to buy official gaming gift cards and receive codes instantly directly within the mobile app.

SLGTrax Partners with Bank Alfalah to Enable RAAST QR Payments Across Outlets and Doorstep Deliveries

SLGTrax partners with Bank Alfalah to introduce RAAST QR payment solutions across physical outlets and doorstep deliveries for seamless digital transactions.

JazzCash Partners with Insignia and Swich Now to Enable Buy Now Pay Later at Online Checkout

JazzCash integrates its Buy Now Pay Later solution into the Insignia online shopping experience via Swich Now payment gateway to offer flexible digital payments.

Jubilee General Insurance and SCCI Partner to Provide Affordable Insurance Solutions for SMEs

Jubilee General Insurance signs an MoU with the Sarhad Chamber of Commerce and Industry to launch Dukan Hifazat and bridge the protection gap for SMEs.

Qist Bazaar Appoints Azeem Pirani as Independent Director to Drive Strategic Growth and Corporate Governance

Qist Bazaar appoints Azeem Pirani, COO of EFU Life, as Independent Director to strengthen corporate governance and scale Shariah-compliant digital financing in Pakistan.

JazzCash Named First Pakistani Fintech on CNBC Statista 2026 List

JazzCash has become the first Pakistani company to feature on CNBC and Statista's World's Top Fintech Companies 2026 list, recognised in the Payments category.

Bank AL Habib and 1LINK Partner to Drive PayPak Adoption and Digital Banking Growth

Bank AL Habib executives meet with 1LINK leadership at 1HQ to discuss expanding PayPak card issuance, payment infrastructure, and digital ecosystem growth.
spot_img

Related Articles

Popular Categories