Dubai Islamic Bank, Befiler to promote digital tax filing

KARACHI: Dubai Islamic Bank signs MoU with Befiler - A Digital Tax Filing platform - to facilitate its customers in tax filing at discounted price. With an ambition to promote tax filing culture among the banking customers, the Bank will act as a facilitator for its customer to avail benefits of being a tax filer and become part of Active Taxpayer List (ATL) through Befiler App and web portal. Dubai Islamic Bank customers will also get guidance & support from Befiler consultants through an effective engagement throughout the tax filing process.

Befiler believes that through the use of technology and its digital platform, the entire ecosystem of tax filing and compliance can be automated, making it easy and simple for taxpayers leading to a greater number of citizens becoming compliant. Befiler has already simplified the tax filing process by offering a step-wise process that allows users to enter their tax related information in question answer format to build general understanding among tax payers. Dubai Islamic Bank sees this collaboration as a service towards a bigger national cause of documenting & digitizing the economy.

On the occasion of signing ceremony Junaid Ahmed, CEO Dubai Islamic Bank said, "This initiative highlights our commitment to facilitate Dubai Islamic Bank customers in understanding the importance of tax filing and to equip them with necessary ease in understanding the filing process.

We [Dubai Islamic Bank & Befiler] are working to contribute towards a more inclusive tax filing culture in Pakistan by using technology in reaching out to a greater number of citizens to receive incomparable service at a discounted price".

"Befiler and Dubai Islamic Bank coming together for common purpose of promote tax filing culture in Pakistan. It is important to understand the challenges in the traditional process including complication in the process, difficult to receive quality service at a reasonable price, and transparency in the process. Befiler is hitting all these areas to offer a tax filing solution that is easy, provides quality service at a nominal price, and empowers the users during the process to have complete control of their information," said Akbar Tejani, CEO Befiler.-PR

Copyright Business Recorder, 2021