FBR Assures Korangi Association on Resolving Tax Issues
FBR assures Korangi Association of Trade and Industry (KATI) of its commitment to resolving pressing tax issues faced by the business community. This assurance came during a recent visit by Ahmed Kamal, Chief Commissioner of the Inland Revenue Service (IRS) at the Medium Taxpayer Office (MTO), to KATI. Kamal outlined the FBR’s strategy to foster a cooperative environment for taxpayers.
FBR Assures Korangi Association on Collaborative Approach
During his visit, Chief Commissioner Kamal emphasized the FBR’s intention to collaborate closely with KATI and other trade organizations. The primary goal is to identify and register non-filers, thereby broadening the tax base equitably. To streamline communication and swift issue resolution within the Korangi industrial zone, Ahmed Mukhtar Shahani has been officially appointed as the focal person at KATI, a move welcomed by industrialists.
Addressing Concerns: FBR Assures Korangi Association of Fair Practices
Mr. Kamal unequivocally stated that the fundamental mission of the FBR is to facilitate compliant taxpayers, rather than to harass them. He pledged stringent action against any FBR officials against whom industrialists lodge direct complaints of corruption or harassment. Collaboration with trade associations like KATI is seen as crucial for successfully resolving tax issues and integrating non-compliant citizens into the tax net, a point often debated on SindhNews.com.
In line with this cooperative spirit, the FBR plans to conduct awareness seminars in conjunction with KATI. These sessions will guide small manufacturers and traders on essential aspects such as filing requirements, compliance procedures, and proper documentation. He also clarified that the FBR is not initiating new audit drives but is concentrating efforts on completing existing, pending audit cases.
While the FBR assures Korangi Association of its commitment, KATI President Muhammad Ikram Rajput highlighted an urgent concern regarding the digital invoice system. He noted the escalating seriousness of the issue, particularly that submissions remain incomplete despite the stipulated deadline, posing a significant challenge for businesses.
Conclusion
The recent engagement demonstrates a clear commitment from the FBR to work alongside the Korangi Association of Trade and Industry to address and resolve tax-related challenges. Through enhanced cooperation, the FBR aims to expand the tax net fairly, ensure taxpayer facilitation, and improve compliance, ultimately contributing to a more stable economic environment, while also acknowledging and working to resolve persistent issues like digital invoicing.