Taxation requirements aims at collection of transparent tax: KHM

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Rawalpindi, (Parliament Times):   An increase in the number of professional tax practitioners is essential to make the tax reforms placed by the Federal Board of Revenue fruitful, effective and efficient.

This was stated by Khalid Nawaz, Chief Executive Officer, Knight Human Management (KHM), Shalan GL Pakistan, an organization working for the protection of employment and rights of overseas Pakistanis. He was addressing the certificates distribution ceremony of practitioners who have completed the 4-month course of Tax Advisory arranged under the auspices of Institute of Tax Trainings and Masterminds Audit, Accounts and Taxation. A large number of experts and students of the Institute of Tax Training were also present on the occasion

Making significant progress in this direction, we have today prepared the first batch of professional tax practitioners who know the current requirements of taxation, which will ensure fair collection of taxes as well as reasonable and decent employment opportunities for themselves.

Khalid Nawaz said that these courses are a means of enhancing modern professional knowledge and skills of tax practitioner which can not only provide a decent and reliable job to them but also make the FBR tax reforms more efficient and effective.

“These training courses will make the professional tax practitioners able to protect the interests of their clients or employers by knowing the full application of tax-related laws, as well as the means of transparent filing of taxes to the national exchequer”, he added.

Khalid Nawaz said that one of the objectives of these training courses is to provide the best and honest tax advisors to the country to make the payment and collection of taxes transparent which will strengthen our economy. He said tax advisory skills are equally important among other ones like digital-age literacy, technical, hard and soft, communication, creativity and interpersonal skills.

He congratulated the tax advisor students who completed the course and said that they should work with honesty and trustworthiness and wherever they work, they should also guide others with honesty and integrity. He advised them that they should eliminate the fear of tax laws from the minds of the taxpayers and ensure the honest payment of taxes so that tax reforms can be implemented in full spirit. He later distributed certificates to those who completed the training.