KARACHI: The International Monetary Fund (IMF) has instructed the Federal Board of Revenue (FBR) to provide monthly revenue collection report and the sales tax refunds details to them, it is learnt.
The IMF has recently forwarded a letter to FBR Chairman Tariq Bajwa a few days ago in which the loan provider called for monthly performance of the FBR, including collection of duties and taxes and the refunds of sales tax etc, sources told Customs Today.
After the IMF letter, the FBR forwarded a letter to the Regional Tax Offices (RTOs) to ensure submission of collection and performance report by the end of every month so that the same could be forwarded to the Ministry of Finance for further perusal, sources concluded.
