The report stated that amnesty scheme was not introduced while implementing the IMF conditions.
Islamabad: The first technical meeting of Federal Bureau of Revenue (FBR) officials with International Monetary Fund (IMF) mission was held in which implementation report was presented by FBR.
According to details, the FBR report said that implementation of IMF conditions on revenue target, refunds payments and tax exemptions continues. The target of income tax refunds payments was achieved from July to September.
The report stated that amnesty scheme was not introduced while implementing the IMF conditions. Income tax refund payments were to be limited to Rs250 billion by September 2023. FBR limited the income tax refund payments to Rs200 billion by September 2023.
It has also been further stated that income tax refund payments are being gradually reduced as per the share plan with the IMF, while the FBR did not give tax exemptions during the first quarter of the loan program.
Pakistani airspace to remain closed further for India
- 6 گھنٹے قبل
‘Sardar Ji 3’ trailer out, film not to be released in India
- 4 گھنٹے قبل
Iran’s supreme leader asks Putin to do more after US strikes
- چند سیکنڈ قبل
Arrest not possible in cases of up to Rs50mn without court warrant: FinMin
- 8 منٹ قبل
Suicide bombing in Damascus church kills 15
- 3 گھنٹے قبل
Int’l Olympic Day celebrated around world today
- 37 منٹ قبل
Woman kills husband, niece over suspicion of illicit relationship
- 29 منٹ قبل
Pakistan to war if India does not accept Indus Water Treaty: Bilawal
- 43 منٹ قبل
Digital app approved for electricity meter reading
- 2 گھنٹے قبل
Iran executes head of Mossad-affiliated cyber team
- 3 گھنٹے قبل
Hasan Ali achieves major milestone in T20 cricket
- 2 گھنٹے قبل
Heavy rains in twin cities disrupt heat wave
- 6 گھنٹے قبل
