ISLAMABAD: *FBR Chairman unveils important news over traders and marketsregistration for taxation.*
The chairman of the Federal Board of Revenue (FBR), Shabbar Zaidi, onFriday made an announcement for the commencement of registration process oftrade areas and markets.
Shabbar Zaidi said in his Twitter message that the registration processwill start next week in a bid to move forward for the implementation of thegovernment’s agreement with traders.
He detailed the registration process, saying the committees representingtraders of each area and market will be covering the whole country will benotified. Zaidi termed it as ‘a new beginning’ when traders and the revenueinstitutions will jointly work for the registration.
linkSyed Shabbar Zaidi@ShabarZaidilinklink
FBR is pleased to announce that process of implementation of agreement withtraders will start next week. Committees represented by the traders of eacharea/ market, covering the whole country will be notified. Traders and FBRwill work together for registration. A new beginning
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Earlier on Wednesday, Shabbar Zaidi had announced that FBR has releasedrefundslinkworthRs5.5 billion under the fully automated faster system.
The FBR chairman in a tweet said the most important change in paradigm isthat such refunds have been issued under fully automated, impersonal,harassmentand corruption-free system.
