Rs22b of verified sales tax refunds for all years to be released: Hafeez Shaikh

MG News | September 03, 2019 at 09:52 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

September 3, 2019: Advisor to Prime Minister on Finance and Economic Affairs, Dr. Abdul Hafeez Shaikh has said that government has taken important decision on Tax Refunds for the promotion of economic activity and provide liquidity support to the businesses.

In a tweet, he said twenty two billion rupees of verified sales tax refunds for all years will be released immediately.

He said 1.7 billion rupees of income tax refunds for all years will also be released immediately.

Abdul Hafeez Shaikh said the verification process for other outstanding refunds will also be expedited and income tax refunds between one lac to five lac rupees for all years will be paid next month.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,021.20 228.53M	-0.42% -718.25
ALLSHR	103,836.39 572.65M	-0.41% -422.85
KSE30	50,951.99 89.47M	-0.52% -264.77
KMI30	240,633.87 93.99M	-0.31% -756.80
KMIALLSHR	66,572.75 300.61M	-0.28% -185.59
BKTi	48,673.23 31.18M	-0.70% -343.86
OGTi	33,702.25 6.35M	-0.61% -205.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,330.00	64,470.00 63,875.00	115.00 0.18%
BRENT CRUDE	98.70	101.19 95.13	-1.99 -1.98%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	121.10	121.10 121.10	0.70 0.58%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	90.47	92.83 87.68	-1.72 -1.87%
SUGAR #11 WORLD	14.76	14.79 14.54	0.07 0.48%