Islamabad, November 9, 2025 – The Federal Board of Revenue (FBR) has reaffirmed its commitment to fostering a business-friendly environment and enhancing revenue generation by ensuring swift processing of refunds and rebates for businesses across Pakistan. According to the latest fiscal report, the FBR has issued refunds and rebates worth Rs. 493.1 billion during FY 2024-25, marking a 2.2% increase compared to the Rs. 482.3 billion released in the previous financial year. The prompt disbursement aims to support business cash flows and strengthen working capital, aligning with the government’s economic growth strategy. Breakdown of Refunds and Rebates (FY 2024-25 vs FY 2023-24) Tax Head FY 2024-25 (Rs. Million) FY 2023-24 (Rs. Million) Difference (Rs. Million) Growth (%) Direct Taxes 55,505 53,130…