FBR releases sales tax refunds worth Rs15.6bn: Hafeez Shaikh
Last updated on: 11 September,2019 10:37 pm
He said, “This is on top of Rs5.4 billion refunds cleared as bonds and adjustments.”
ISLAMABAD (Dunya News) – Adviser to Prime Minister on Finance Abdul Hafeez Shaikh announced that Federal Board of Revenue has cleared Rs15.6 billion in sales tax refunds on Wednesday.
Taking to the micro-blogging website Twitter, Hafeez Shaikh said that the amount was released against 8415 Refund Payment Orders (RPOs) to enhance the liquidity of businesses and economic activity in the country.
He said, “This is on top of Rs5.4 billion refunds cleared as bonds and adjustments.”
The Govt (FBR) has cleared Rs 15.6 billion today in Sales Tax refunds against 8415 Refund Payment Orders (RPOs) to enhance the liquidity of businesses & economic activity in the country. This is on top of Rs 5.4 billion refunds cleared as bonds & adjustments.
— Dr. Abdul Hafeez Shaikh (@a_hafeezshaikh) September 11, 2019