FBR assures to clear all pending refunds of business community

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ISLAMABAD: Federal Board of Revenue (FBR) will clear all pending refunds of business community with backlog, besides it is working to evolve a mechanism to promote ease of doing business and transparency.

This was stated by Dr. Muhammad Ashfaq Ahmed, Member (Inland Revenue -Operations), FBR while, addressing the business community at Islamabad Chamber of Commerce & Industry.

He said that ICCI should share the list of pending refunds and exemption cases to address them.

Dr Ashfaq Ahmed said that the current fragmented tax system was not helpful for sustainable growth of economy and FBR was working to carve out a new tax system to reduce direct interaction, promote ease of doing business and transparency that would facilitate the taxpayers.

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