Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has announced that the process for implementation of the agreement with traders will initiate from next week.

Taking to the twitter FBR chairman Zaidi termed, traders and FBR will work together for registration

FBR is pleased to announce that process of implementation of agreement with traders will start next week. Committees represented by the traders of each area/ market, covering the whole country will be notified. Traders and FBR will work together for registration. A new beginning

— Syed Shabbar Zaidi (@ShabarZaidi) December 6, 2019

Earlier on Wednesday, Shabbar Zaidi had announced that FBR has released refunds worth Rs5.5 billion under the fully automated faster system.

FBR has released to this date around Rs 5.5 billion worth of refunds under fully automated FASTER system. However the most important feature and the change in paradigm is that such refunds have been issued under fully automated, impersonal, harassment and corruption free system.

— Syed Shabbar Zaidi (@ShabarZaidi) December 4, 2019