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مشاهدة النسخة كاملة : FBR launches digital dictionary for withholding agents


ahlam1399
05-10-2017, 04:20 AM
ISLAMABAD: The Federal Board of Revenue (FBR) has launched a digital directory across the country for the withholding agents.

According to official an**uncement made here on Tuesday stating that the directory would serve as a management information system (MIS) to monitor real-time tax collection received under various sections of withholding tax.

The system has the capability to analyse current withholding data with historical withholding collections. It enables the FBR to broaden the withholding tax regime by enforcing the withholding agents to compliance with the tax laws. The FBR can benefit from this system by increasing revenue collections from withholding tax regime, and reducing the tax evasion pertaining to **n-compliant withholding agents.

The salient features of the directory include Withholding Tax Collection Report (RTOs/LTUs); Withholding Tax Collection Report (Range/Units); Sectoral Withholding Tax Collection Report; Section wise Withholding Tax Collection Report; Withholding Agent’s Monthly Tax Collection Report; Withholders Monthly Tax Collection; Graphical Dashboards; Comparison of Withholding Tax Collection with Preceding Year’s Withholding Tax Collection; and Sending Reminders to field ******rs for enforcement.

A practical demonstration of the directory was also arranged at the FBR House for Chairman FBR Dr. Muhammad Irshad, Member IR Operation and team. The chairman FBR appreciated the real time availability of withholding data and hoped the use of Digital Directory would enable the tax collectors to take real time decisions which will subsequently improve the tax collection.





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