- 31 Dec 2010
FBR collects Rs130b in taxes during December - 24 Dec 2010
FBR lucky draw scheme delayed - 02 Jan 2011
Revenue: FBR exceeds collection target in December - 09 Jan 2011
FBR drafts rules for active taxpayer category
- RSS
- Today's Paper
- Subscribe
- beta 2.1
Alerts
FBR: ‘Government in state of fiscal emergency’
Revenue chief seeks working partnership with businesses, promises expedited refunds.
Revenue chief seeks working partnership with businesses, promises expedited refunds
KARACHI: The government is in a state of fiscal emergency which can only be overcome with a working partnership with the business community, said Federal Board of Revenue (FBR) Chairman Salman Siddique.
Speaking to members of the Karachi Chamber of Commerce and Industry (KCCI) on Saturday, he said that the FBR would extend maximum cooperation to the business community in order to resolve their longstanding disputes regarding payment and collection of taxes.
Referring to complaints about delay in clearance of export refund claims, he said that KCCI office-bearers should form a committee which could help the FBR in resolving the issue.
“I assure you that all the refund claims will be processed expeditiously and no malpractice will be tolerated,” he added.
Siddique asserted that the board’s Revenue Advisory Council will be asked to maintain a working relationship with the KCCI, while assuring the business community that functions of the Federal Board of Revenue will be restructured through consultation with KCCI members.
Published in The Express Tribune, January 16th, 2011.
Reader Comments (2)
Business Latest Stories
Saving fuel — an alternative view
It is absolutely essential the public learns what are exact costs, taxes and subsidies involved when consuming CNG.
Pakistan should consider IMF deal after reforms in place: Sartaj Aziz
Former finance minister says at this point IMF will push conditions which would not let Pakistan grow.
Burning up: Take the Pakistan loadshedding survey
Select your province and city and let us know how many hours of loadshedding you are facing.
Water sufficiency: Pakistan faces dire threat of water scarcity
Reserves of water will run dry if storage facilities are not improved.
As energy crisis tightens its grip, agri-sector runs tube wells on biogas
Dutch-funded organisation encourages farmers to opt for biogas.
Energy crisis: PC suggests cutting off gas to inefficient plants
NAB terms giving gas to inefficient captive power plants a criminal act.
Wheat Procurement: Wheat prices may fall after government buying
Growers have been asked to bring their produce at procurement centres as early as possible.
AmanTech: Creating opportunities for unskilled manpower
Institute works to impart vocational training to the underprivileged.
Market Watch: Index takes a breather to close marginally down
Market swings either way in session marked by heavy trading.
Ginners to file case against cotton futures
Will approach Shariat Court, term the trade anti-Shariah.
Recent Slideshows
This material may not be published, broadcast, rewritten, redistributed or derived from.
Unless otherwise stated, all content is copyrighted © 2013 The Express Tribune News Network.
Technical feedback? [email protected]
i think govt can blame itself for sorry state of affairs of the country’s economy. Govt is not doing enough to revive economy.Recommend
Over the period of these 3 years government has done enough to revive itself as a political party by filling its pockets from the tax-payers money, i think its about time that the rulers think about the state affairs.Recommend