Addressing a press conference in Islamabad, Chairman FBR Dr. Ashfaq said that last financial year Rs. 4735 billion tax was collected, and Rs. 364 billion tax was refunded.
He said that in the first two months of this financial year, Rs 850 billion tax collections were collected, and a tax refund of Rs. 35 billion was given. The tax refund system has been automated and expedited.
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Chairman FBR said that head office increased the collection of tax from labor in field formation last year.
He said that strict action had been taken against smuggling and underwriting, strict action against smuggling of petroleum products which is going on this year, and reforms will continue. The tax base has been increased— no more money in the refund.
