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

Khunjerab becomes Trade Powerhouse as Pakistan earns Rs15b from Chinese imports

25/08/2026

PSW, PAA sign MoU to digitalize air cargo charge collection

25/08/2026

“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

Khunjerab becomes Trade Powerhouse as Pakistan earns Rs15b from Chinese imports

byCT Report
25/08/2026

LAHORE: Pakistan’s northern trade gateway witnessed record-breaking performance, with Customs authorities collecting nearly Rs15 billion in revenue from imports through...

PSW, PAA sign MoU to digitalize air cargo charge collection

byCT Report
25/08/2026

ISLAMABAD: The Pakistan Single Window (PSW) and the Pakistan Airports Authority (PAA) have signed a Memorandum of Understanding to digitalize...

State Bank reveals cost of printing Rs5,000, Rs1,000 currency notes

byCT Report
25/08/2026

KARACHI: Producing a Rs5,000 or Rs1,000 currency note costs Rs14, State Bank of Pakistan officials told the Senate Standing Committee...

Pakistan receives over $763m in external assistance in July

byCT Report
25/08/2026

ISLAMABAD: Pakistan received more than $763 million in external financial assistance during July, the first month of the current fiscal...

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.