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FBR may announce special scheme for retailers National May 24, 2021 ISLAMABAD: The government is contemplating different options to announce a special scheme for retailers for the imposition of reduced rate of General Sales Tax (GST) in the range of 5 to 7 percent to bring millions of shopkeepers into the tax net. The budget makers for 2021-22 have proposed different options whereby the ongoing scheme of Point of Sale (POS) would be expanded to all the major cities. The government had placed the reduced GST rate of 12 percent for POS integrated branded shopkeepers. Now the government wants to move ahead to bring the retailers at large into the tax net. The government had envisaged target to connect 10,000 branded shopkeepers with the POS system but now it would be increased in gradual manner up to 50,000 and then 100,000. ....
KUALA LUMPUR, May 19 Maintaining a competitive edge in the contemporary world of retail is a constant challenge. Ever-changing strategies are needed just to stay on the beat. The most apparent change to retail is increased digitalisation. From major household names and brands to mom-and-pop. ....
National May 24, 2021 ISLAMABAD: The government is contemplating different options to announce a special scheme for retailers for the imposition of reduced rate of General Sales Tax (GST) in the range of 5 to 7 percent to bring millions of shopkeepers into the tax net. The budget makers for 2021-22 have proposed different options whereby the ongoing scheme of Point of Sale (POS) would be expanded to all the major cities. The government had placed the reduced GST rate of 12 percent for POS integrated branded shopkeepers. Now the government wants to move ahead to bring the retailers at large into the tax net. The government had envisaged target to connect 10,000 branded shopkeepers with the POS system but now it would be increased in gradual manner up to 50,000 and then 100,000. ....
Event Aims to Feature Various Retail, Food, and Beverage Options The Fair Hill Organizing Committee (FHOC), an affiliate of the Sport and Entertainment Corporation of Maryland (The Sport Corp.), is now accepting Retail Vendor applications for the inaugural Maryland 5 Star at Fair Hill taking place October 14-17 in Cecil County, Maryland. For its inaugural year, the event invites Retail Vendors who create, procure, and sell distinct offerings to apply. Retail Vendors will have a unique opportunity to help create the identity of this top-class event, as well as be the focal point of the festival-like atmosphere. The Maryland 5 Star at Fair Hill will welcome spectators from across the state, Mid-Atlantic region, and beyond, aiming to provide them with highly curated and desirable retail offerings. ....
Copy URL Malaysia Retailers Association president William Cheng says the industry is strongly against the imposition of a full lockdown as MCO 2.0 and MCO 3.0 have proven it is not effective and will kill the economy. – The Malaysian Insight file pic, May 20, 2021. THE Malaysia Retailers Association (MRA) has urged the government not to implement a full lockdown as it will cost irreparable damage to the economy, devastate businesses and stifle recovery efforts. MRA president William Cheng said, however, that the association understood and concurred with the government on the need for stricter measures. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access! ....