December 17, 2020 (MLN): To promote investment in the Green Field Industry and to facilitate such investors, the Federal Board of Revenue (FBR) has launched an online module in Iris for facilitating filing of applications for the grant of Green Field Industry Status.
To this end, two separate applications have been provided under the Income Tax Ordinance, 2001 and Sales Tax Act, 1990.
According to the announcement made by the FBR on twitter on Wednesday, faceless compliance and facilitation through the use of ICT tools is a priority agenda of FBR as per the Vision of the Present government.
‘FBR is moving fast to accomplish this vision as a leader in developing and launching such faceless compliance tools for facilitation of the taxpayers’, the tweet said.
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