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Tag Archives: FBR admits blocking Rs532bn in refunds since 2014 to inflate revenue figures

FBR admits blocking Rs532bn in refunds since 2014 to inflate revenue figures


July 10, 2020

lla ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday admitted before a parliamentary panel that tax refund claims of over Rs532 billion had been blocked since 2014 to show higher growth in revenue collection. The disclosure came from top FBR officials at the National Assembly Standing Committee on Finance meeting. FBR Member Inland Revenue Dr Ashfaq Ahmed said that …

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