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Islamabad

August 13, 2017

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FPCCI lauds government for clearing refund claims

FPCCI lauds government for clearing refund claims

Islamabad

The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Saturday lauded Finance Minister Ishaq Dar to clearing pending refunds of Rs23 billion terming is a step which will encourage exporters and taxpayers.

The government has fulfilled its promise to the business community for clearing their refunds dues where Refund Payment Orders were issued until April 30, 2017, it said.

The business friendly PML-N government has always remained sensitive to the issues faced by the business community arising from stuck up refunds which is encouraging, said Atif Ikram Sheikh, Chairman FPCCI Regional Committee on Industries.

He said that exports have shown growth in the first month of the current fiscal by 10.6 percent while the payment of pending refund claims will boost external trade in the months to come.

Atif Ikram Sheikh said that tax collection has increased from Rs1,946 billion to Rs3,362 billion in last four years which indicates the hard work of the FBR team led by Ishaq Dar.

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