Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

FBR performance for income tax refunds appreciated

byM Hayat
24/08/2020
in Breaking News, Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI) Irfan Iqbal Sheikh has appreciated Federal Board of Revenue (FBR) for payments of income tax refunds to the taxpayers.

President Irfan Iqbal has also thanked the federal government for considering Lahore Chamber of Commerce and Industry’s efforts for the payment of refunds of Income Tax to the taxpayers.

You might also like

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

21/07/2026

Pakistan banks expected to report lower Q2 2026 profits

21/07/2026

“I’m very grateful to the government for taking such a big step to facilitate the business community on the efforts of the Lahore Chamber of Commerce and Industry,” says the LCCI President.

He has also congratulated the business community that LCCI’s efforts borne fruits for the businessmen and the fellow traders who had been suffering from Covid-19 for a long time.

The President has asked all the taxpayers to immediately approach their respective regional tax offices to fulfill all the legal requirements for the issuance of refunds.

“This is major achievement of the LCCI that the authorities have considered its efforts to provide relief to the business community that suffered from COVID-19,” says LCCI President Irfan Iqbal Sheikh.

“I’m happy that our proposals have been accepted and such a big relief has been given to the business community,” he further says.

Appreciating the government policy for payments of refunds of income tax to the tax payers, the president has stated that the traders, and especially small and medium enterprises would stand up again for their revival.

Earlier, President of the Lahore Chamber of Commerce & Industry Irfan Iqbal Sheikh had written letters to Federal Board of Revenue (FBR) that COVID -19 badly damaged the businesses and even the small shops remained closed due to lockdown imposed to contain spread of the virus.

He said all the business activities remained suspended during this period which caused huge damage to the economy. He had asked the FBR to refund income tax to the taxpayers in these challenging times which had now been considered.

 

Related Stories

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...

Pakistan banks expected to report lower Q2 2026 profits

byCT Report
21/07/2026

KARACHI: Pakistan’s banking sector is expected to report lower earnings in the second quarter of 2026 as the impact of...

FTO orders FBR to fix IRIS glitches blocking Rs2.3m tax credit

byCT Report
21/07/2026

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) cannot use technical limitations of...

FBR imposes excise duty on e-liquids used in vapes & e-cigarettes

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has for the first time brought e-liquids used in vapes and electronic cigarettes...

Next Post

Multan Customs seizes 1400 litres smuggled HSD near DG Khan

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.