BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.67 Decreased By ▼ -0.01 (-0.15%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.17 Decreased By ▼ -1.15 (-2.01%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.65 Decreased By ▼ -1.14 (-2.16%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.06 Decreased By ▼ -0.03 (-0.49%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.17 Decreased By ▼ -0.29 (-1.1%)
MLCF 91.23 Decreased By ▼ -1.93 (-2.07%)
NBP 164.19 Decreased By ▼ -0.47 (-0.29%)
NCPL 53.18 Decreased By ▼ -2.48 (-4.46%)
NPL 59.12 Decreased By ▼ -2.04 (-3.34%)
OGDC 313.39 Decreased By ▼ -3.34 (-1.05%)
PACE 9.77 Decreased By ▼ -0.10 (-1.01%)
PAEL 35.24 Decreased By ▼ -0.39 (-1.09%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.36 Decreased By ▼ -5.55 (-2.45%)
PRL 91.22 Decreased By ▼ -1.80 (-1.94%)
PTC 59.19 Decreased By ▼ -1.07 (-1.78%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.61 Decreased By ▼ -0.19 (-2.44%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.56 Decreased By ▼ -0.41 (-3.16%)
TREET 21.73 Decreased By ▼ -0.43 (-1.94%)
TRG 55.79 Decreased By ▼ -0.77 (-1.36%)

KARACHI: The State Bank of Pakistan (SBP) has asked banks for implementation of Device Identification Registration & Blocking System (DIRBS) in territorial jurisdiction of Azad Jammu & Kashmir (AJK) & Gilgit-Baltistan (GB) to facilitate the taxpayers.

The Pakistan Telecommunication Authority (PTA) in coordination with Federal Board of Revenue (FBR) had developed DIRBS system across Pakistan for the purpose of generating challans/Payment System ID (PSID) and its payment through banks’ Alternate Delivery Channel (ADC) Over-the-Counter (OTC) facility and ATMs. Now, PTA intends to roll out the DIRBS system across AJK and GB region on similar lines for the convenience of the general public intending to register their mobile devices.

According to the SBP, with a view to ensure that taxpayers have the facility to pay the DIRBS duty or levy through OTC and ATMs facility, all Commercial and Microfinance Banks are advised to make available this payment facility at their branches located within the territorial jurisdiction of AJK and GB. Furthermore, necessary instructions by the banks may also be issued to concerned branches to depute officials who are well-versed with the DIRBS system.

The SBP, in 2018, has already issued directives for online collection of government taxes and duties collection of government taxes through 1-link OTC facility and all the banks and MFBIs were asked to activate the 1-Link OTC facility to facilitate their clients particularly corporate clients and SMEs in payment of the FBR taxes and duties.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.