Srinagar, Dec 2: Income tax department conducted an Awareness-Cum-Interaction Program on the importance of Voluntary Compliance to Income Tax Act, 1961 right here at J&K Bank’s Corporate Headquarters.
Lauding J&K Bank at the event for paying the highest quantity of income tax in Chandigarh circle, Gulzarin, Akhtar instructed the individuals, “I am happy to inform that J&K Bank is the very best taxpayer not most effective in J&K but in the entire Amritsar circle which covers Jalandhar, Shimla, J&K besides Amritsar. It speaks volumes approximately the incredible fulfillment story this economic organization has come to be. The sturdy KYC culture of organization is very appreciable and that I hope J&K Bank keeps on improving on each functioning front.”
J&K Bank’s CFO Pratik D Punjabi, at the event, said that with the bank on its boom path of prosperity, the tax paying numbers are most effective going to increase in times to come.
In the meantime, Bank’s General Manager Peer Masood Ahmad highlighted financial institution’s commitment to further enhance its KYC lifestyle. “We have a sturdy and robust KYC lifestyle in place and we are devoted to enhancing it further. Any action warranted by using rule of law in case of deviations in tax paying can be taken immediately.
Considerably, on the event, the Income Tax Department prolonged hearty congratulations to the Bank for being the primary corporate taxpayer of not only circle but also number one taxpayer of CCIT Amritsar and PCIT Srinagar.