{"id":63530,"date":"2020-04-02T14:45:36","date_gmt":"2020-04-02T09:45:36","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=63530"},"modified":"2020-04-02T15:30:00","modified_gmt":"2020-04-02T10:30:00","slug":"fbr-directed-to-clear-refunds-to-provide-relief-to-smes","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-directed-to-clear-refunds-to-provide-relief-to-smes.html","title":{"rendered":"FBR directed to clear refunds to provide relief to businesses struggling with COVID-19"},"content":{"rendered":"\n<p>Islamabad: Advisor to Prime Minister on Finance and Revenue Dr Hafeez Shaikh on Wednesday directed Federal Board of Revenue (<a href=\"https:\/\/www.zameen.com\/news\/fbr-mulls-downwards-target-revision.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FBR (opens in a new tab)\">FBR<\/a>) Chairperson Shabbar Zaidi to fast track tax refunds to facilitate the local business community, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-requests-partial-exemption-from-lockdown-to-maximize-revenue-collection.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FBR requests partial exemption from lockdown to maximize revenue collection (opens in a new tab)\">FBR requests partial exemption from lockdown to maximize revenue collection<\/a><\/p>\n\n\n\n<p>He made this announcement after a virtual meeting with the business community, where he assured them of the government\u2019s support in these tough times. The advisor also expressed his hope for a brighter future for the national export sector, once the COVID-19 pandemic is over.<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fcci-launch-ration-programme-daily-wagers.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FCCI to launch programme to provide ration to daily wagers in Faisalabad (opens in a new tab)\">FCCI to launch programme to provide ration to daily wagers in Faisalabad<\/a><\/p>\n\n\n\n<p>Reportedly,\nthe business community had asked for expedited refunds of sales tax, as this\nwould provide them with the liquidity required to manage their businesses. In\naddition, the meeting discussed the status of various industries amid the\nglobal slump, and came to the conclusion that small business enterprises and daily\nwagers had been the worst affected segments during this COVID-19 pandemic. <\/p>\n\n\n\n<p>The\nmeeting further discussed a proposal concerning the distribution of PKR 200\nbillion to support daily wagers and labourers under the Prime Minister\u2019s relief\npackage. The representatives of the business community also took the\nopportunity to resolve to support labourers, fulfil their social obligations,\nand assist the government in its fight against the pandemic affecting the\ncountry. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Advisor to Prime Minister on Finance and Revenue Dr Hafeez Shaikh on Wednesday directed Federal Board of Revenue (FBR) Chairperson Shabbar Zaidi to fast track tax refunds to facilitate the local business community, according to news sources. Read: FBR requests partial exemption from lockdown to maximize revenue collection He made this announcement after a virtual meeting with the business community, where he assured them of the government\u2019s support in these tough times. The advisor also expressed his hope for a brighter future for the national export sector, once the COVID-19 pandemic is over. Read: FCCI to launch programme to provide ration to daily wagers in Faisalabad Reportedly, the business community had asked for expedited refunds of sales tax, as this would provide them with the liquidity required to manage their businesses. In addition, the meeting discussed the status of various industries amid the global slump, and came to the conclusion that small business enterprises and daily wagers had been the worst affected segments during this COVID-19 pandemic. The meeting further discussed a proposal concerning the distribution of PKR 200 billion to support daily wagers and labourers under the Prime Minister\u2019s relief package. The representatives of the business community also&hellip;<\/p>\n","protected":false},"author":75,"featured_media":63408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[24908,24909],"persona":[],"class_list":{"0":"post-63530","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-fbr-measures-to-fight-economic-corona-crises","9":"tag-fbr-refunds-to-businesses","10":"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 directed to clear refunds to provide relief to SMEs - Zameen News<\/title>\n<meta name=\"description\" content=\"Dr Hafeez Shaikh on Wednesday directed FBR Chairperson Shabbar Zaidi to clear refunds to facilitate the local business community\" \/>\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-directed-to-clear-refunds-to-provide-relief-to-smes.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR directed to clear refunds to provide relief to SMEs - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Dr Hafeez Shaikh on Wednesday directed FBR Chairperson Shabbar Zaidi to clear refunds to facilitate the local business community\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-directed-to-clear-refunds-to-provide-relief-to-smes.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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