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FBR releases sales tax refunds worth Rs15.6b: Hafeez Shaikh

byCT Report
11/09/2019
in Islamabad, Latest News
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ISLAMABAD: Adviser to Prime Minister on Finance Abdul Hafeez Shaikh announced that Federal Board of Revenue has cleared Rs15.6 billion in sales tax refunds on Wednesday.

Taking to the micro-blogging website Twitter, Hafeez Shaikh said that the amount was released against 8415 Refund Payment Orders (RPOs) to enhance the liquidity of businesses and economic activity in the country.

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He said, “This is on top of Rs5.4 billion refunds cleared as bonds and adjustments.”

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