22-Aug-2023

In a proactive effort to foster financial literacy and enhance awareness regarding tax implications among its employees, the CBD Punjab Finance Directorate, organized a Tax Workshop at the CBD Punjab Complex. The primary aim of this workshop was to provide valuable insights into tax laws and the recent amendments introduced in the Finance Act of 2023. The workshop covered a comprehensive spectrum of tax-related subjects, including income tax implications on various aspects such as salaries, commissions, property transactions, rentals, sales of goods and services, as well as an overview of General Sales Tax (GST) and Punjab Sales Tax (PST). This proactive initiative sought to empower participants with a solid understanding of taxation laws, enabling them to make informed financial decisions. Syed Habban Subhani, the Executive Director Finance at CBD Punjab, shared his perspective, stating, "Financial awareness is fundamental for sustainable economic growth. Our workshop serves as a platform to empower individuals with knowledge about tax regulations, equipping them to navigate the financial landscape more effectively." To ensure the delivery of accurate and up-to-date information, CBD Punjab invited distinguished tax experts to lead the workshop. Notable speakers included Talal Zahic from RSM Avais Hyder Liaquat Nauman Chartered Accountants. The session was attended by enthusiastic staff members of CBD Punjab, fostering an atmosphere of collaborative learning and knowledge exchange. The workshop concluded with a certificate distribution ceremony among the participants. This event represents another significant step in PCBDDA's commitment to cultivating a conducive business ecosystem in Punjab. By hosting informative sessions like this tax workshop, CBD Punjab continues to play a pivotal role in ensuring that stakeholders are well-prepared to navigate the intricacies of financial regulations within a rapidly evolving economic landscape.