{"id":64240,"date":"2020-04-18T10:00:00","date_gmt":"2020-04-18T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=64240"},"modified":"2020-04-17T17:01:32","modified_gmt":"2020-04-17T12:01:32","slug":"govt-to-clear-pkr-82bn-income-and-sales-tax-refunds-within-one-week","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-to-clear-pkr-82bn-income-and-sales-tax-refunds-within-one-week.html","title":{"rendered":"Govt to clear PKR 82bn income and sales tax refunds within one week"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Islamabad: The government on Thursday announced its decision to repay sales and income tax refunds worth PKR 82 billion within a week, according to news sources. Through this initiative, the executive aims to address cash flow issues and <a href=\"https:\/\/www.zameen.com\/news\/fbr-directed-to-clear-refunds-to-provide-relief-to-smes.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"liquidity crunch (opens in a new tab)\">liquidity crunch<\/a> caused in the wake of the lockdown measure introduced to contain the coronavirus spread. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"> <strong>Read:<\/strong><a href=\"https:\/\/www.zameen.com\/news\/tax-slabs-under-3-categories-shared-for-construction-sector.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" Construction Industry Relief Package: Tax slabs under 3 categories explained (opens in a new tab)\"> Construction Industry Relief Package: Tax slabs under 3 categories explained<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Advisor to the Prime Minister (PM) on Finance and Revenue Hafeez Shaikh during a video conference with the local business community stated that the government wished to resolve cash flow issues faced by traders and industrialists. He added that sales and income tax refunds would be issued on a timely basis; adding that more than PKR 115 billion refunds and duty drawbacks would be released.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-shares-latest-tax-filers-tally.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FBR shares latest tax filers tally (opens in a new tab)\">FBR shares latest tax filers tally<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He said that government will\nstudy all proposals and offer a comprehensive relief package to the industry. Hafeez\nalso stated that the executive would pay all income tax refunds (amounting to\nPKR 50 billion) in the next week in a bid to benefit 100,000 taxpayers in the\ncountry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The government on Thursday announced its decision to repay sales and income tax refunds worth PKR 82 billion within a week, according to news sources. Through this initiative, the executive aims to address cash flow issues and liquidity crunch caused in the wake of the lockdown measure introduced to contain the coronavirus spread. Read: Construction Industry Relief Package: Tax slabs under 3 categories explained Advisor to the Prime Minister (PM) on Finance and Revenue Hafeez Shaikh during a video conference with the local business community stated that the government wished to resolve cash flow issues faced by traders and industrialists. He added that sales and income tax refunds would be issued on a timely basis; adding that more than PKR 115 billion refunds and duty drawbacks would be released. Read: FBR shares latest tax filers tally He said that government will study all proposals and offer a comprehensive relief package to the industry. Hafeez also stated that the executive would pay all income tax refunds (amounting to PKR 50 billion) in the next week in a bid to benefit 100,000 taxpayers in the country.<\/p>\n","protected":false},"author":75,"featured_media":63188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[26634],"persona":[],"class_list":["post-64240","post","type-post","status-publish","format-standard","has-post-thumbnail","category-legal-taxation","tag-govt-to-clear-pkr-82bn-income-and-sales-tax-refunds-within-one-week","cat-15015-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt to clear PKR 82bn income and sales tax refunds within one week - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The government on Thursday announced its decision to repay sales and income tax refunds worth PKR 82 billion within a week, according to news\" \/>\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\/govt-to-clear-pkr-82bn-income-and-sales-tax-refunds-within-one-week.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt to clear PKR 82bn income and sales tax refunds within one week - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The government on Thursday announced its decision to repay sales and income tax refunds worth PKR 82 billion within a week, according to news\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-to-clear-pkr-82bn-income-and-sales-tax-refunds-within-one-week.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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