Majority don’t claim tax refunds: FBR

KARACHI: The individuals – who pay adjustable withholding income tax at various payments – have right to claim refunds, but majority of them do not claim because they do not file returns, said Asrar Raouf, former senior member of the Federal Board of Revenue (FBR).   “Refunds can only be claimed when an individual or a corporate firm files income tax return,” Raouf said, who is presently running T&D Block – which is a tax services and support firm.   A person can claim refunds on withholding tax deducted on…

Read More