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Tag: FTO

Tax Ombudsman

Refund should have no nexus with revenue targets: FTO

February 26, 2019March 27, 2021Faisal Shahnawaz

ISLAMABAD: The office of Federal Tax Ombudsman (FTO) has advised Federal Board of Revenue (FBR) to set its targets rationally and refunds should have no nexus with revenue targets. “To link accountability to performance, compensation for delayed refund be ensured as delay has its own cost,” the FTO office said in its suggestion for budget […]

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