Business

FBR announces cashback scheme

ISLAMABAD: The Federal Board of Revenue (FBR) has announced a cashback scheme.

According to the FBR, 5% of sales tax will be refunded only on purchases from Tier One retailers.

According to officials, users will have to use a tax-friendly mobile app to get convenience.
According to FBR officials, cashback is an automatic payment system through a mobile app in a month.

According to officials, the FBR wallet account can be opened with the help of a mobile app.

According to FBR officials, in order to avail the benefits of this scheme, verification of electronic purchase receipt through mobile app has been made mandatory.

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