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FBR achieves 99pc tax collection target for first six months of 2020-21

It is the highest ever collection made by the FBR during the first six months of any fiscal year, said the revenue collection body.

Hafeez Shaikh directs FBR to expedite tax refund process

FBR should release Rs50 million tax refunds in a week, Hafeez Shaikh said.

FBR to directly transfer tax refund to taxpayers’ bank accounts

The FBR has established a central system to transfer tax refunds directly to the taxpayers’ bank accounts, said the spokesman.

Tax refunds of Rs 163 billion released during FY 2019-20: Hafeez Shaikh

Rs 100 billion of tax refund was released under the special relief package announced by Prime Minister Imran Khan amid coronavirus outbreak.

Rs 3 bn tax refunds made during February 2020, claims FBR   

The FBR officials said this while briefing the members of the National Assembly (NA) standing committee on Finance on tax refund matters.

FBR collects Rs 320 bn tax during Jan 2020  

Federal Board of Revenue (FBR) on Saturday announced that it generated Rs 320 billion in terms of tax revenue during January 2020, an amount 17 percent more from the same month of the previous year.

Action ordered against FBR officials in tax refund scam case

Federal Tax Ombudsman on Friday directed to initiate action against Federal Board of Revenue (FBR) officials involved in an illegal tax refund case, causing losses of Rs 40 billion to the national exchequer.

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