ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Wednesday said that FBR has released refunds worth Rs5.5 billion under the fully automated faster system.
The FBR chairman in a tweet said the most important change in paradigm is that such refunds have been issued under fully automated, impersonal, harassment and corruption-free system.
Earlier, on December 2, FBR Chairman Syed Shabbar Zaidi reiterated every person owning a car above 1000 cc and a house measuring 500 square yards or above is required to file tax returns.
“FBR reiterates that every person owning a car above 1000 cc and a house measuring 500 sq. yards or above is mandatorily required to file a return of income irrespective of having any taxable income during the year,” he tweeted.“Penal actions will be taken against delinquents. Avail extension,” he added.
