business

April 17, 2020

‘Government to settle Rs82bln tax refunds in a week’

ISLAMABAD: The government on Thursday vowed to settle at least Rs82 billion worth of sales and income tax refunds in a week to resolve liquidity crunch and cash flow issues of trade and industry aggravated by the coronavirus lockdown.Adviser to the Prime Minister on Finance and Revenue Hafeez Shaikh said the government wants to resolve the liquidity crunch, cash flow and other allied issues being faced by the industry and businesses.“Work in this direction has already started with the...