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Rs500 billion tax exemptions to be withdrawn in three years: Federal Board of Revenue

Islamabad, May 06, 2014 (PPI-OT): It is clarified that the Member Inland Revenue (Policy) and Official Spokesperson, FBR while talking to the Participants of 17th MCMC, did not say that all the Rs.500 billion tax exemptions would be withdrawn in next fiscal year. Instead he said that currently there are exemptions of around Rs. 500 billion which are planned to be withdrawn in phases during three years, starting from the next fiscal year i.e. 2014-15.

For more information, contact:
Mujeeb-ur-Rehman Talpur
Second Secretary (Public Relations)
Federal Board of Revenue
FATE Wing, Federal Board of Revenue,
Constitution Avenue, Sector G-5,
Islamabad, Pakistan
Phone: +92 51 921 7267
Fax: +92 51 9208456
Email: mujeeb.talpur@fbr.gov.pk, talpur35@gmail.com

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