ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Friday said the government was actively resolving the liquidity related issues of the business community by clearing all outstanding tax refunds on a fast-track basis. They thanked the adviser and his team for expediting clearance of outstanding tax refunds and conceded that it was for the first time in history that they had been receiving their outstanding tax refunds at their doorsteps without any hassle. They also shared several proposals and recommendations for facilitating and incentivising businesses and promoting ease of doing business in the country. Ashfaq Tola proposed that tax credit should also be allowed to AOP and individuals as they also make investment. Regarding CNIC condition, the FBR chairperson said the agreement has been made with traders and could be reversed.

Source: Pakistan Today May 08, 2020 16:52 UTC