FBR releases refunds worth Rs5.5bn under automated system

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said on Wednesday that the revenue board has released refunds worth Rs5.5 billion under its fully automated system.

Taking to Twitter, the FBR chairman said the refunds have been issued under fully automated, impersonal, harassment and corruption-free system.

Earlier on December 2, FBR Chairman Shabbar Zaidi had reiterated that every person owning a car above 1,000cc and a house measuring 500 square yards or above is required to file tax returns.

“FBR reiterates that every person owning a car above 1000 cc and a house measuring 500 sq. yards or above is mandatorily required to file a return of income irrespective of having any taxable income during the year,” he had tweeted.

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