FBR Team Meets Banks, Companies To Boost Filing Of Returns

FBR team meets banks, companies to boost filing of returns

A two-member team of Federal Board of Revenue (FBR) Thursday held a series of meetings with the heads of various banks and companies in Karachi to apprise them of facilitative measures adopted by the board to motivate people to file their tax returns

ISLAMABAD, (UrduPoint / Pakistan Point News - 12th Oct, 2017 ) :A two-member team of Federal Board of Revenue (FBR) Thursday held a series of meetings with the heads of various banks and companies in Karachi to apprise them of facilitative measures adopted by the board to motivate people to file their tax returns.

The team comprised Ms Nausheen Javaid Amjad, Member Facilitation and Taxpayer education (FATE) Wing FBR and Chief FATE Ms Tehmina Aamer, said a statement issued by the board here. The team held separate meetings with Acting President and CFO of Habib Bank, Raymond Kotwal; President Meezan Bank Irfan Siddiqui and Acting Managing Director Sui Southern Gas Company (SSGC), Muhammad Amin Rajput.

The team acknowledge the laudable role being played by large organisations in reporting the salaries and tax deducted from their employees and requested them to educate and motivate their employees to file their individual Income Tax returns as well to fulfil an important legal obligation.

Nausheen Javaid said the filing of returns could result in significant advantages to the employees and save them from paying higher differential rate of taxes introduced for the filers and non-filers.

During the meetings, positive sentiments were expressed about FBR's initiative of creating awareness and reaching out to taxpayers for building a friendly interface with them, the statement added.

The FBR's offer of extending support and facilitation through training and technical sessions in e-filing was appreciated while a full cooperation in ensuring maximum compliance and filing of tax returns from the employees of these organisations was assured.

Meanwhile, FBR team also held a detailed meeting with the office-bearers of Pakistan Tax Bar Association at the offices of Large Taxpayer Unit (LTU) Karachi and requested them to lend their hand in making the FBR's outreach and awareness programme successful.