{"id":58415,"date":"2019-12-07T10:27:25","date_gmt":"2019-12-07T10:27:25","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=58415"},"modified":"2020-01-28T11:56:37","modified_gmt":"2020-01-28T11:56:37","slug":"fbr-refunds-pkr-30-bn-exporters","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-refunds-pkr-30-bn-exporters.html","title":{"rendered":"FBR refunds PKR 30 bn to exporters"},"content":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) on Thursday provided refunds worth PKR 30 billion to 554 exporters \u2013 following the government\u2019s decision to cancel the issuance of bonds to these individuals, according to news sources.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-clears-pkr-22-bn-sales-taxe-refuns-exporters-non-exporters.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR clears PKR 22 bn sales taxe refuns for exporters, non-exporters<\/a><\/p>\n<p>Previously, the tax authority had issued bonds amounting to PKR 30 billion. However, the exporters faced some difficulty with the non-tradable nature of those bonds. The FBR later took notice of the exporters\u2019 concerns and agreed to release the said amount in cash to help the export community out of its liquidity crunch.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-released-pkr-5-5-bn-sales-tax-refund-chairman-zaidi.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR released PKR 5.5 bn in sales tax refund: Chairman Zaidi<\/a><\/p>\n<p>Member Inland Revenue Policy FBR Dr Hamid Ateeq Sarwar confirmed the news. The department also announced that it redeemed those previously issued bonds and disbursed the payment to the bond-holding exporters. The government aims to sustain the positive momentum picked up by the <a href=\"https:\/\/www.zameen.com\/news\/policy-formation-underway-to-increase-exports-dawood.html\" target=\"_blank\" rel=\"noopener noreferrer\">export industry<\/a> as it successfully fetched a remarkable 10% increase in recent months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) on Thursday provided refunds worth PKR 30 billion to 554 exporters \u2013 following the government\u2019s decision to cancel the issuance of bonds to these individuals, according to news sources. Read:\u00a0FBR clears PKR 22 bn sales taxe refuns for exporters, non-exporters Previously, the tax authority had issued bonds amounting to PKR 30 billion. However, the exporters faced some difficulty with the non-tradable nature of those bonds. The FBR later took notice of the exporters\u2019 concerns and agreed to release the said amount in cash to help the export community out of its liquidity crunch. Read:\u00a0FBR released PKR 5.5 bn in sales tax refund: Chairman Zaidi Member Inland Revenue Policy FBR Dr Hamid Ateeq Sarwar confirmed the news. The department also announced that it redeemed those previously issued bonds and disbursed the payment to the bond-holding exporters. The government aims to sustain the positive momentum picked up by the export industry as it successfully fetched a remarkable 10% increase in recent months.<\/p>\n","protected":false},"author":75,"featured_media":26795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[14311],"persona":[],"class_list":{"0":"post-58415","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-details-on-fbr-refunds-pkr-30-bn-to-exporters","9":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR refunds PKR 30 bn to exporters - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR) on Thursday provided refunds worth PKR 30 billion to 554 exporters \u2013 following the government\u2019s decision to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-refunds-pkr-30-bn-exporters.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR refunds PKR 30 bn to exporters - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Board of Revenue (FBR) on Thursday provided refunds worth PKR 30 billion to 554 exporters \u2013 following the government\u2019s decision to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-refunds-pkr-30-bn-exporters.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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