FBR issues Rs65bn refunds to exporters

MG News | March 05, 2024 at 09:49 AM GMT+05:00

0:00

March 05, 2024 (MLN): The Federal Board of Revenue has issued all outstanding refunds as on March 03, 2024 to exporters amounting to Rs65 billion, said a press release issued on Monday.

The refunds were issued after directives given by the Prime Minister, Shehbaz Sharif, during his first speech at the floor of the National Assembly on March 03, 2024 after being elected to the Office of the Prime Minister.

The refunds issued to exporters will lead to better exports and increase in forex reserves of Pakistan.

Trade bodies and export-oriented sectors have welcomed the move by the Prime Minister and said that the move will lead to economic prosperity and creation of more jobs in the textile industry.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	184,584.05 127.27M	1.72% 3127.71
ALLSHR	111,056.35 314.22M	1.72% 1874.02
KSE30	56,523.92 55.19M	1.61% 898.24
KMI30	259,012.19 40.98M	1.84% 4669.20
KMIALLSHR	70,885.96 134.56M	1.64% 1142.38
BKTi	53,753.87 26.40M	1.39% 735.10
OGTi	37,546.48 7.58M	1.84% 679.05

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	95,555.00	96,050.00 95,245.00	200.00 0.21%
BRENT CRUDE	63.60	63.93 63.53	-0.16 -0.25%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-2.00 -2.25%
ROTTERDAM COAL MONTHLY	97.60	98.25 97.60	0.15 0.15%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	58.95	59.30 58.90	-0.13 -0.22%
SUGAR #11 WORLD	14.59	14.68 14.41	-0.09 -0.61%