FBR Repays Exporters Ensuring Transparency


Islamabad: The Federal Board of Revenue (FBR) has successfully disbursed all outstanding refunds owed to exporters, totalling PKR 65 billion, according to a news article published on March 5.

Read: FBR exceeds FY’s tax collection target despite Feb’s shortfall

As per the details, this action follows directives from Prime Minister (PM) Muhammad Shehbaz Sharif, issued during his inaugural address in the National Assembly after assuming office.

Read: FBR issues deadline for submission of tax proposals for Budget 2024-25

The decision has been warmly received by trade associations and export-oriented industries, particularly within the textile sector, who anticipate that it will catalyse economic growth, foster prosperity, and stimulate job creation.


Source link

Join The Discussion

Compare listings