FPCCI urges FBR to clear pending income tax refund.

ISLAMABAD -- Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Friday urged for immediate payment of pending income tax refund to save them financial crunch and bankruptcy.

FPCCI Vice President Zahid Iqbal, while talking to a delegation of business community led by Mian Faiz Bukhsh, said it was very unfortunate that most of the times FBR did not fulfilled their promises made with the business community and this practice was continued even in crucial times in the wake of coronavirus.

He stated that the FBR, following the instructions of the prime minister, had asked the COVID-19 stricken tax payers to apply for due refunds.

The RTOs were instructed to forward the amount of refunds to the extent which were verifiable through the system and some of the cases were sent to FBR while others were lying with the RTOs and still on hold till further instructions from FBR.

The business community mostly manufacturers were...