Islamabad: The Federal Board of Revenue (FBR) has taken a progressive step by establishing a dedicated committee to facilitate the launch of a Single Portal for filing Sales Tax Returns (STR) within the telecom sector, according to a news article on December 21.
According to the details, the formation of the Single Portal Committee (SPC) for the Implementation of Single Sales Tax Return (SSTR) across all jurisdictions was announced through a notification issued by the FBR on Thursday. This move aligns with the decisions made during the recent Tax Round Table Meeting in the federal capital, where FBR members and four provincial revenue authorities actively participated.
The committee is composed of key figures, including the FBR Chief (Provincial Taxes) and Chief (Systems), along with representatives from provincial revenue authorities such as Punjab Revenue Authority (PRA), Sindh Revenue Board (SRB), Khyber Pakhtunkhwa Revenue Authority (KPRA), and Balochistan Revenue Authority (BRA) Advisor. The committee’s mandate is to streamline the STR process and enhance operational efficiency across various tax jurisdictions.
The members of the committee will receive support from the FBR Pakistan Raises Revenue Program Office (HQ) in Islamabad. This support includes coordination, communication, and the scheduling of meetings as deemed necessary by the committee. The establishment of this committee signifies a concerted effort to simplify and improve the sales tax return procedures within the telecom sector for greater ease and efficiency.
As a graduate in English Literature, Zohaib believes that words are not just a mere figment of imagination. It takes wisdom to be good at them. Following this reason, he is pursuing his career as Public Relations and Content Specialist at Zameen.com.
