LAHORE: The National Bank of Pakistan (NBP) has signed an agreement with Balochistan’s Excise, Taxation and Anti-Narcotics Department for the automation of tax collection system across the province.
The agreement was signed by Muhammad Farooq, NBP’s Executive Vice President, Payment Services and Digital Banking Group and Fateh Muhammad Khajak, Director General Excise, Taxation and Anti-Narcotics Balochistan. NBP President, Saeed Ahmad and Balochistan’s Secretary Excise and Taxation, Zafar Ali Shah Bukhari were also present at the occasion. The JazzCash is collaborating with NBP in the tax automation project.
Speaking at the occasion, Zafar Ali Shah Bukhari, Secretary Excise, Taxation and Anti-Narcotics, Balochistan, said that earlier the taxes were collected manually through NBP’s branches, which had its own challenges and complications. Reconciliation of collected money was one of the biggest problem while at times transparency and timeliness were compromised in manual system, he added.
Saeed Ahmad said that automation and digitization of all government procedures and payments & taxes collections is one of the primary objectives all federal and provincial governments to achieve complete E- governance.
