{"id":68163,"date":"2020-07-18T10:03:00","date_gmt":"2020-07-18T05:03:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=68163"},"modified":"2020-07-17T17:06:30","modified_gmt":"2020-07-17T12:06:30","slug":"fbr-asked-clear-pkr-50-mn-income-tax-refunds-2-weeks","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-asked-clear-pkr-50-mn-income-tax-refunds-2-weeks.html","title":{"rendered":"FBR asked to clear PKR 50 mn income tax refunds in 2 weeks"},"content":{"rendered":"\n<p>Islamabad: Adviser to the Prime Minister (PM) on Finance and Revenue Dr Abdul Hafeez Shaikh has asked the Federal Board of Revenue (FBR) to clear income tax refund claims of up to PKR 50 million in two weeks \u2014 a news source reported earlier today (July 17). He added that the government has a transparent policy for refunding all old and new pending refunds.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/fbr-details-construction-industry-relief-package.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR shares details on \u2018historic\u2019 relief package announced for construction industry<\/a><\/p>\n\n\n\n<p>Shaikh further said that during Fiscal Year 2020, the government had released nearly PKR 140 billion in refunds; which was double the amount released during Fiscal Year 2019. He added that the government had launched the process for refunding income tax claims of up to PKR 18 million in the said initiative\u2019s first phase.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/fbr-urges-public-register-complaints-share-feedback-via-helpline.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR urges public to register complaints, share feedback via its helpline<\/a><\/p>\n\n\n\n<p>In the next phase, income tax claims of up to PKR 50 million will be refunded in 2 weeks \u2014 with the total number of refunds amounting to PKR 40 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Adviser to the Prime Minister (PM) on Finance and Revenue Dr Abdul Hafeez Shaikh has asked the Federal Board of Revenue (FBR) to clear income tax refund claims of up to PKR 50 million in two weeks \u2014 a news source reported earlier today (July 17). He added that the government has a transparent policy for refunding all old and new pending refunds. Read: FBR shares details on \u2018historic\u2019 relief package announced for construction industry Shaikh further said that during Fiscal Year 2020, the government had released nearly PKR 140 billion in refunds; which was double the amount released during Fiscal Year 2019. He added that the government had launched the process for refunding income tax claims of up to PKR 18 million in the said initiative\u2019s first phase. Read: FBR urges public to register complaints, share feedback via its helpline In the next phase, income tax claims of up to PKR 50 million will be refunded in 2 weeks \u2014 with the total number of refunds amounting to PKR 40 billion.<\/p>\n","protected":false},"author":57,"featured_media":61403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[34969,19230,23311],"persona":[],"class_list":{"0":"post-68163","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-fbr-asked-to-clear-pkr-50-mn-income-tax-refunds-in-2-weeks","9":"tag-federal-board-of-revenue-fbr","10":"tag-income-tax-refunds","11":"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 asked to clear PKR 50 mn income tax refunds - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Adviser to the Prime Minister (PM) on Finance and Revenue Dr Abdul Hafeez Shaikh has asked the Federal Board of Revenue (FBR) to clear income tax refund claims of up to PKR 50 million in two weeks \u2014 a news source reported earlier today (July 17).\" \/>\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-asked-clear-pkr-50-mn-income-tax-refunds-2-weeks.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR asked to clear PKR 50 mn income tax refunds - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Adviser to the Prime Minister (PM) on Finance and Revenue Dr Abdul Hafeez Shaikh has asked the Federal Board of Revenue (FBR) to clear income tax refund claims of up to PKR 50 million in two weeks \u2014 a news source reported earlier today (July 17).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-asked-clear-pkr-50-mn-income-tax-refunds-2-weeks.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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