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FBR to work with telecom companies to enhance return filing

byCT Report
15/09/2017
in Business
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ISLAMABAD: The Federal Board of Revenue (FBR) has approached the country’s cellular sector to persuade them facilitate the workforce employed in this sector to become part of the tax system by filing their tax returns. The board has initiated a comprehensive drive to rope in large public and private sector organisations and companies to file Income Tax returns.

FBR’s effort to engage more than 50 leading corporations and companies of the country was being spearheaded by Ms. Nausheen Javaid Amjad, Member Facilitation and Taxpayers Education (FATE) Wing, said FBR statement issued here.

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The team Thursday met Mobilink’s management at the company’s head office and briefed them about a keen desire within FBR to facilitate the employees of large companies to file their Income Tax returns.

Mobilink’s CEO Aamer Ibrahim, Vice President Corporate and Economic Affairs Ibrar Khan, Chief Corporate and Regulatory Affairs Officer Syed Ali Naseer were also present while Chief FATE Wing Ms Tehmina Aamer was accompanied the Member FATE.

During the meeting, Member FATE FBR Ms Nausheen Amjad said that in pursuance of the concept of corporate social responsibility as well as build a more friendly interface with the taxpayers, FBR was trying to reach out to large public and private sector organisations and companies.

“We are confident that together with companies such as Mobilink, we can boost the rate of filing as the filing of Income Tax returns is not only a legal obligation but also a national duty,” she said, adding FBR was willing to provide any facilitation and training to help the Mobilink employees e-file and become part of the tax system.

Mobilink CEO, Aamer Ibrahim lauded the FBR’s initiative and expressed his company’s full support for it. He said that as a thought leader and as one of the leading multinationals of the country, Mobilink was happy to work with FBR to boost the rate of taxation.

“We would love to spearhead a positive ethos about the role of taxes in national development and how we can take the country forward,” he said.

He also welcomed FBR’s offer to help Mobilink employees e-file and instructed his team to work with FBR in the coming days to arrange facilitative sessions for the officers and staff of the company so that the company being one of the largest contributors to revenue generation efforts of FBR could also emerge as a leader with its workforce as filers and enjoying the benefits of filing in terms of reduced taxes on a range of business and bank transactions.

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