ISLAMABAD: The Federal Board of Revenue (FBR) has reaffirmed its commitment to fostering a business-friendly environment and enhancing revenue generation by ensuring swift processing of refunds and rebates for businesses across Pakistan.
According to the latest fiscal report, the FBR has issued refunds and rebates worth Rs. 493.1 billion during FY 2024-25, marking a 2.2% increase compared to the Rs. 482.3 billion released in the previous financial year. The prompt disbursement aims to support business cash flows and strengthen working capital, aligning with the government’s economic growth strategy.
The FBR stated that the timely release of refunds reflects its commitment to transparency, efficiency, and economic facilitation. The initiative also aims to reduce liquidity pressure on exporters and manufacturers, enabling them to reinvest in their operations and stimulate growth.
Officials noted that consistent improvements in refund mechanisms and digital reforms have made the process faster, more transparent, and taxpayer-friendly, reinforcing the government’s goal of building trust and ease of doing business in Pakistan.
