Director General Automation Abdul Wahid said this during the inauguration session of the 3-day workshop titled “Digitalization of Taxes in Pakistan” jointly organized by FBR and the United Nations Economic and Social Commission for Asia and Pacific (UNESCAP).
Abdul Wahid said steps are being taken to digitalize the country’s tax system in collaboration with the State Bank of Pakistan (SBP).
He highlighted that the track and trace system has been fully implemented in major tax sectors including cigarettes, sugar and fertilizer, adding that in the cement sector, the system will also be fully implemented in the coming 2 months. Meanwhile, Member Administration and Human Resources FBR, Syed Nadeem Rizvi has appreciated the commitment and dedication of the Economic Affairs Officer of UNESCAP, Alberto Isgut for supporting FBR by identifying reverent and highly qualified resource persons to speak on different topics.
He said that the transformation of the taxation process from a paper base to a digital board is very important for the documentation of Pakistan’s economy.
“FBR keeping global trends as a part of the journey of digitalization by launching four key projects which included track and trace system, point of sale system, digital invoicing and data analysis, and Synchronized Withholding Administration and Payment Software (SWAPS)”, he added. He said that FBR has established the Directorate General of Digital initiative in the drive to consolidate all the digital initiatives under one umbrella.
Syed Nadeem Rizvi said that during 3 days workshop speakers would share their experiences with participants as to how their countries practice Information and Communication Technology (ICT) tools for increasing tax revenues. A senior official of FBR said by learning from different experiences, FBR aims to build capacity within FBR to not only effectively implement these programs but also to further improve our daily infrastructure and contribute to the sustainable economic growth and development of Pakistan. He also appreciated the efforts of the Directorate General of Digital initiative for actively engaging with UNESCAP members and other participants to make this conference a reality.
A businessman from Mandi Bahauddin in Gujarat, Ahmad Jawad, is funding fugitive YouTuber Adil…
Riyadh, KSA – [Date] – Bidaya Finance's commitment to digitally transform its operations is deeply…
Karachi, Pakistan: Pakistan's financial consultancy firm, Dellsons Associates (Pvt) Ltd, has signed a strategic partnership…
The Prime Minister of the Islamic Republic of Pakistan verbally announced the declaration of an…
Meet Film Production Manager Hassan Ayub, Entertainment Correspondent, born 11 November,1988 in Jhelum Pakistan. In…
In the captivating world of cinema, where creativity and vision converge, Film Producer stands as…
Leave a Comment