FBR Forms Committee to Expedite, Streamline Deferred Tax Refund Claims

The Federal Board of Revenue (FBR) has formed a high-level committee to address the backlog of deferred tax refund claims across various field formations. This initiative aims to establish clear timelines and a transparent framework for the classification, prioritization, and efficient processing of these claims. The committee will recommend a structured approach, including automation, to ensure timely disposal, potentially within weeks. While this move is positive for business liquidity and administrative efficiency, its direct impact on gold or currency rates in Pakistan is expected to be minimal in the short term.

بحوالہ / Source: www.brecorder.com