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    Home»Business»FBR monitors tax refund repayments to ensure transparency April 08, 2020
    Business

    FBR monitors tax refund repayments to ensure transparency April 08, 2020

    Elliot PhillipsBy Elliot PhillipsApril 8, 2020No Comments1 Min Read
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    ISLAMABAD: The Federal Board of Revenue (FBR) has launched surveillance to ensure transparency
    in return for tax refunds.
    Office command is distributed to all Regional Tax Offices (RTOs) and Large Taxpayers Units (LTUs),
    The FBR said the Prime Minister had announced a package of assistance for the tax-related sector
    a return of Rs100 billion in the industrial sector.
    The FBR said that currently a large amount of outstanding tax return claims were pending
    replication / processing in each RTO / LTU.
    The finance organization also stated that in this emergency the real businesses / industries
    they need liquidity to pay salaries to their employees.
    The FBR has directed the tax office to process the tax returns as soon as possible
    and recovering the appropriate amount from the claimant in terms of each claim.
    The FBR has instructed the Chief Commissioner of RTOs / LTUs to monitor the process to be kept
    it is also impartial.
    Senior commissioners are also directed to report FBR refunds issued daily

    For more updates, please see news and you can also see blogs for more information.
    Also visit website for any query.

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    Elliot Phillips

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