President upholds decision on FBR’s Faceless Refund Regime

ISLAMABAD: President Asif Ali Zardari has upheld a decision recommending that the Federal Board of Revenue (FBR) operationalise a Faceless Refund Regime under section 170A of the Income Tax Ordinance, 2001, to ensure automated processing and electronic transfer of income tax refunds directly into taxpayers’ notified bank accounts. The President has dismissed an FBR representation against an…

First reported by Business Recorder 20 min ago1 source

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Business Recorder23:1820 min ago
President upholds decision on FBR’s Faceless Refund Regime (opens Business Recorder in a new tab)
ISLAMABAD: President Asif Ali Zardari has upheld a decision recommending that the Federal Board of Revenue (FBR) operationalise a Faceless Refund Regime under section 170A of the Income Tax Ordinance, 2001, to ensure automated processing and electronic…

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