On January 29, 2025, the Federal Board of Revenue (FBR) issued SRO No. 69(I)/2025, introducing mandatory electronic invoicing (e-invoicing) for a wide range of businesses, including retailers (both Tier-1 and non-Tier-1), traders, distributors, commercial importers, and manufacturers. This directive aims to integrate these businesses' invoicing systems directly with the FBR to ensure real-time sales data reporting. Key Requirements: Invoice Details: Each electronic invoice must include a unique FBR invoice number, a verifiable QR code, software registration number, FBR's official logo, seller and recipient details, item descriptions, quantities, tax rates, and amounts. System Integration: Businesses are required to link their invoicing systems with the FBR's computerized system. This integration ensures that all sales data is automatically reported to the FBR in real-time, reducing manual interventions and potential discrepancies. CCTV Monitoring: The FBR mandates the installation of CCTV cameras at points where invoices are generated. Recordings must be retained for at least one month and provided to the FBR upon request. Record Retention: Businesses must maintain electronic sales records for six years, ensuring availability for any future audits or verifications. Penalties for Non-Compliance: Failure to integrate with the FBR's system can result in penalties starting from PKR 100,000. If non-compliance continues beyond two months, fines can escalate up to PKR 1,000,000, and the business premises may be sealed by Inland Revenue officers. Impact: This move by the FBR aims to enhance tax compliance and transparency within Pakistan's business community. Affected entities should promptly integrate their systems to avoid penalties and contribute to a more transparent tax ecosystem.