Taxpayers asked to update returns

Published April 29, 2020
FBR statement says bank details are necessary for a centralised system. — AFP/File
FBR statement says bank details are necessary for a centralised system. — AFP/File

ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday asked taxpayers to update income tax returns for receiving of refunds in bank accounts.

An official statement of the FBR said that bank details are mandatory for a centralised system of online payment of sales tax, federal excise duty (FED) and income tax refunds directly in the bank account of taxpayers.

The FBR also asked expo­r­ters to update their WeBOC profile and provide IBAN of the same bank ac­­count whose details are alr­e­ady available in the profile.

Published in Dawn, April 29th, 2020

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