Pakistan has made further progress in meeting International Monetary Fund (IMF) requirements by integrating 12,861 large retailers into the Federal Board of Revenue’s (FBR) Point of Sale (POS) system. The network includes shopping malls, textile and leather outlets, as well as restaurants, all of which are now linked for real-time sales monitoring.

The FBR said that these businesses—operating across 35,761 branches nationwide—are now required to report transactions through a centralized digital system, allowing authorities to track sales and improve tax collection. The initiative is part of broader efforts to document the economy and strengthen revenue streams.

Authorities plan to expand the POS system to nearly 40,000 tier-one retailers over the next two years. In addition, businesses with annual turnover exceeding Rs50 crore will be brought under a digital invoicing framework by the end of the current fiscal year.

The FBR stated that the system enables direct transmission of sales data, helping curb tax evasion and enhance transparency in the retail sector. Officials have also warned that non-compliance could result in penalties ranging from Rs500,000 to Rs3 million, or even business closure.

The development aligns with Pakistan’s ongoing commitments under the IMF program, where improving tax compliance and digitizing the retail sector remain key reform priorities.