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Tax refunds

SBP introduces automation of tax refunds project

KARACHI: Governor State Bank of Pakistan (SBP) Dr Reza Baqir held an online meeting with the business community to seek feedback on an ongoing project of automation of payment of tax refunds. The meeting was attended by the office-bearers of

Govt releases Rs100 bn to industry in tax refunds

ISLAMABAD: The government has released 100 billion rupees to industry in tax refunds under the stimulus package worth Rs1,240 billion announced by the prime minister in response to the coronavirus crisis. Advisor to Prime Minister on Finance and Revenue Dr

FBR clears Rs. 15.6 billion worth of sales tax refunds: Hafeez Shaikh

ISLAMABAD: Dr. Abdul Hafeez Shaikh, advisor to Prime Minister on Finance and Revenue, said on Wednesday,  Federal Board of Revenue (FBR) has cleared Rs 15.6 billion in sales tax refunds against 8,415 Refund Payment Orders (RPOs). He tweeted that the