ISLAMABAD: Carrying on its campaign for boosting filing of Income Tax returns, the Federal Board of Revenue’s (FBR) Facilitation and Taxpayer Education (FATE) team Monday visited Fauji Fertilizers Company Limited, seeking its assistance to promote tax culture.
The team was led by Member FATA, Ms Nausheen Javaid Amjad and Chief FATE Ms Tehmina Aamer. The team members held an extensive meeting with the Company’s Chief Executive and Managing Director Lt. Gen ® Shafqaat Ahmed for seeking his assistance in promoting filing of Income Tax returns within the company.
Ms Nausheen Javaid Amjad told the MD that FBR had compiled a list of over 50 large corporations, financial institutions and companies to be approached by the board in days ahead to explain to them how a majority of their employees with taxable income had been failing to fulfill a national obligation by not filing their Income Tax returns despite contributing their due tax through deduction at source.
She said that FBR was aware of the organizations and companies diligently fulfilling their responsibility of reporting salary paid and taxes withheld from their employees.
However, the employees of these companies were only fulfilling half of their legal obligation and the remaining half required them to file their tax returns and become filers to reap a host of dividends and advantages accrued from the filing of returns, she added.
She also offered FBR’s help and resources for conducting in-house training sessions and workshops in e-filing for the officers and staff of FFCL and its business concerns across the country. On the occasion, Lt. Gen ® Shafqaat Ahmed, Chief Executive and Managing Director of FFCL, lauded the FBR’s initiative and called it a noble cause. He said his company prided itself on being one of the largest contributors to revenue generation in Pakistan and fully understood the value of taxes in building infrastructure and driving on the wheel of economy.
He also welcomed FBR’s technical support and facilitation in e-filing for his company’s employees and assured full cooperation in ensuring maximum compliance and filing of tax returns by their employees.
It is pertinent to mention that Federal Board of Revenue (FBR) has stepped up its campaign of reaching out to big organizations and companies to boost the filing of Income Tax returns.
