Legal fraternity sensitized on taxation, e-filing

ISLAMABAD: The Federal Board of Revenue’s broadening of tax base (BTB) conducted an awareness seminar at the Islamabad High Court Bar Association on Friday to sensitize the audience on filing of tax returns as well as fulfilling the tax obligation as a national duty.

A team, led by FBR’s Inland Revenue Commissioner Dr Khalid Mahmood Lodhi, conducted the workshop and apprised the legal fraternity about the significance of tax payment in the nation-building process.

Dr Khalid Mahmood Lodhi, in his address, dilated upon the rationale of tax payment, significance of tax-to-GDP ratio in national development, issues of tax base and role of FBR in revenue realization. He also explained and emphasized the benefits of filing the tax returns.

Later, a BTB team consisting e-filing experts explained the concept of e-enrollment with FBR, step-wise process of e-filing of returns and procedure for payment of taxes. A presentation on e-enrollment and e-filing through IRIS was carried out in an interactive style. A large number of lawyers attended the session and evinced keen interest in the process of enrollment, e-filing, deduction of taxes under various sections of Income Tax Ordinance, 2001.

Earlier, Islamabad High Court Bar Association President Syed Javed Akbar welcomed the FBR team and appreciated its gesture in educating and facilitating the taxpayers. The seminar ended on a vote of gratitude and satisfaction.

Must Read

HBL recognized as leading remittance mobilizing Bank of Pakistan

Khaqan Mohammed Khan, Global Head FI & GRB – HBL (standing 4th from left), received the award on behalf of the Bank during the...