March 11, 2021: The Federal Board of Revenue has established a Centralized Income Tax Refund Office (CITRO) to facilitate taxpayers by releasing income tax refund payments directly into their bank accounts in expeditious and transparent manner.

According to an FBR press statement issued Islamabad Member IR (Operations) inaugurated the launch of CITRO by processing the 1st batch of Income Tax refund claims for payment through dedicated VPN tunnel established between FBR and State Bank of Pakistan.

The statement said the system will eliminate human interaction between tax authority and taxpayers as well as ensure quick relief to business community. 

 Radio Pakistan

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