AIRLINK 191.84 Decreased By ▼ -1.66 (-0.86%)
BOP 9.87 Increased By ▲ 0.23 (2.39%)
CNERGY 7.67 Increased By ▲ 0.14 (1.86%)
FCCL 37.86 Increased By ▲ 0.16 (0.42%)
FFL 15.76 Increased By ▲ 0.16 (1.03%)
FLYNG 25.31 Decreased By ▼ -0.28 (-1.09%)
HUBC 130.17 Increased By ▲ 3.10 (2.44%)
HUMNL 13.59 Increased By ▲ 0.09 (0.67%)
KEL 4.67 Increased By ▲ 0.09 (1.97%)
KOSM 6.21 Increased By ▲ 0.11 (1.8%)
MLCF 44.29 Increased By ▲ 0.33 (0.75%)
OGDC 206.87 Increased By ▲ 3.63 (1.79%)
PACE 6.56 Increased By ▲ 0.16 (2.5%)
PAEL 40.55 Decreased By ▼ -0.43 (-1.05%)
PIAHCLA 17.59 Increased By ▲ 0.10 (0.57%)
PIBTL 8.07 Increased By ▲ 0.41 (5.35%)
POWER 9.24 Increased By ▲ 0.16 (1.76%)
PPL 178.56 Increased By ▲ 4.31 (2.47%)
PRL 39.08 Increased By ▲ 1.01 (2.65%)
PTC 24.14 Increased By ▲ 0.07 (0.29%)
SEARL 107.85 Increased By ▲ 0.61 (0.57%)
SILK 0.97 No Change ▼ 0.00 (0%)
SSGC 39.11 Increased By ▲ 2.71 (7.45%)
SYM 19.12 Increased By ▲ 0.08 (0.42%)
TELE 8.60 Increased By ▲ 0.36 (4.37%)
TPLP 12.37 Increased By ▲ 0.59 (5.01%)
TRG 66.01 Increased By ▲ 1.13 (1.74%)
WAVESAPP 12.78 Increased By ▲ 1.15 (9.89%)
WTL 1.70 Increased By ▲ 0.02 (1.19%)
YOUW 3.95 Increased By ▲ 0.10 (2.6%)
BR100 11,930 Increased By 162.4 (1.38%)
BR30 35,660 Increased By 695.9 (1.99%)
KSE100 113,206 Increased By 1719 (1.54%)
KSE30 35,565 Increased By 630.8 (1.81%)

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to create 25 posts of ‘Commissioner Refund’ in the field formations for speedy processing of refund cases from July 1, 2024.

Sources told Business Recorder that tax authorities have taken the decision after the recent sales tax refund incident in Lahore. In this regard, the FBR will create more than 2 dozen positions to solely decide the refund cases.

The specialized positions might help in checking allegations of corruption during the refund processing applications in the field formations. The FBR will issue notifications in coming days, sources maintained.

Alleged involvement in refund issue: FBR fires four senior IR officers

Presently, the field formations of the FBR are dealing with the sales tax refund cases. The field formations process and forward the refund cases to the Board for final approval.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Aam Aadmi Jun 27, 2024 09:34am
I have been waiting for the last over five years for refund of my income tax, have visited their office at least half a dozen times but to no avail. There was need to create extra posts for refund.
thumb_up Recommended (0)
Aam Admi 2 Jun 28, 2024 02:09am
@Aam Aadmi, there is a need to automate the process, once itr approved or 3 months lapse on submition on IRS system; rather involve manual system for just forwarding .
thumb_up Recommended (0)
Tariq Qurashi Jun 28, 2024 11:34am
I thought the government was trying to reduce staff to save money? Will these new posts help speed up refunds? I though the delay was because there was no money.
thumb_up Recommended (0)