Monday , November 19 2018
Breaking News
Home / Islamabad / Govt to pay refunds of Rs1b to exporters soon: Hammad Azhar
Govt to pay refunds of Rs1b to exporters soon: Hammad Azhar

Govt to pay refunds of Rs1b to exporters soon: Hammad Azhar

ISLAMABAD: The government’s first priority is to solve the problems of exporters to strengthen national economy while the government is also working to devise a strategy to pay over Rs1 billion refunds to exporters as soon as possible.

Talking with Customs Today, Special Assistant to Prime Minister on Revenue Hammad Azhar said that the  government wants to harmonies the tax system within the Federal Board of Revenue (FBR). He added that the government is building three years long legal framework order with alliance of NADRA.

He said that the government is working to make the tax return filling system very simple, so the taxpayer could file their returns easily. He added that he held meeting with exporters association where he offered them different options but he is still waiting for output from their side to made final decisions regarding their needs.

Hamad said that there are 0.8 million revenue related litigation cases that are yet to be decided, in this regard the FBR has decided to abolish litigation against a stakeholder whose case is in process and he has paid 25% against his last income tax return.