JKB highest income tax payer in Chandigarh circle
SRINAGAR: The Income Tax Department on Thursday conducted an Awareness-Cum-Interaction Program on the Importance of Voluntary Compliance to Income Tax Act, 1961 here at J&K Bank’s Corporate Headquarters.
The program was attended by Bank’s General Managers, Deputy General Managers and senior officers while as Assistant Commissioner Circle Srinagar, Gulzarin Akhtar along with other officers of the department participated in the awareness program.
Gulzarin Akhtar lauded J&K Bank on the occasion for paying the highest amount of income tax in Chandigarh Circle and said that J&K Bank was the highest tax payer not only in J&K but in the entire Amritsar circle which covers Jalandhar, Shimla, J&K besides Amritsar. It speaks volumes about the great success story this financial institution has become.
“The strong KYC culture of your organisation is very appreciable and I hope J&K Bank continues to keep improving on every functioning front,” he said.
Bank’s CFO Pratik D Punjabi, on the occasion, said that the Bank was on its growth path of prosperity and the tax-paying numbers will increase in times to come.
Group Compliance Officer (GCO) Peer Masood Ahmad highlighted the Bank’s commitment to further improve its KYC culture.
“We have a strong and robust KYC culture in place and we are committed to improve it further. Any action warranted by rule of law in case of deviations in tax paying will be taken immediately,” he said.
On the occasion, the income tax department congratulated the Bank for being among the top corporate tax payer of PCIT Srinagar and CCIT Amritsar.
