FBR asked to expedite refund process to facilitate businessmen

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh Wednesday directed the Federal Board of Revenue (FBR) chairperson to expedite the process of refunds so that the business community could be provided with maximum relief.

Chairing a meeting at the Finance Division through video link with the business community, the Adviser assured them of his full support during this difficult period.

PM’s Adviser on Commerce Razak Dawood was also present during the meeting, according to press statement issued by the Finance Ministry.

Shaikh expressed the hope that the future was more promising for Pakistan’s export sector after the coronavirus crisis.

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The adviser also directed that the mechanism for distribution of monetary assistance should ensure transparency and simplicity of procedures so that the poor daily wagers get relief without any complication.

Speaking on the occasion, the FBR’s chief briefed the meeting that she was personally engaged with her team and business representatives to speed up matters related to refunds.

The business representatives, during the meeting, requested for the speedier refunds to manage their activities.

The business community shared with the Finance Adviser the current situation of their businesses and the issues they had been facing because of a global slump in business activities.

The participants were briefed that the daily wagers and SME sector were the worst hit during the crisis.

The participants deliberated upon a feasible plan to distribute Rs200 billion earmarked in the Prime Minister’s relief package for the daily wagers and labourers to support them in the scenario of lesser business activities in the country.

The participants from the business community committed to take care of their daily wagers with the help of the government and promised to fulfill their social responsibilities in the hour of need.

Among others, the meeting was also participated by Dr Waqar Massod Khan, Ali Jameel, Mian Muhammad Mansha, Shahid Hussain, Shahzad Saleem, Bashir Ali Muhammad, Ali Habib, Aurangzeb, Tariq Saigol,  Almas Hyder,  Shahid Soorty, Fawad Anwer, Saqib Sherazi,  Tariq Habib and senior officials of ministries of Finance, Commerce and FBR.

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