FBR launches online module to facilitate greenfield investors

ISLAMABAD: The Federal Board of Revenue (FBR) has launched an online module to facilitate investors in acquiring greenfield industry status, an FBR spokesman said on Wednesday.

“To promote investment in the greenfield industry and to facilitate such investors, FBR has launched an online module in Iris, which would make the process for grant of greenfield industry status easy. To this end, two separate applications have been provided under the Income Tax Ordinance, 2001 and Sales Tax Act, 1990,” the spokesperson said in a statement.

Must Read

Centre, Punjab at odds over failure to meet three key IMF...

Prime Minister seeks explanation from Ministry of Finance and FBR; Punjab's claims weak revenue projections and withheld taxes are the main reasons behind the province's breach of its cash surplus target