![]() The DVS was launched with a view to preventing filing of dissimilar documents by the companies with different regulatory bodies and banks to gain illegal benefit out of it.įor instance, some companies portray a dismal income state in the financial statements which they submit those to the NBR to doge taxes. Its allows relevant authorities including the NBR to verify the financial statements of companies with the DVS where the auditors are asked to submit audited documents. The National Board of Revenue and ICAB developed the system jointly and launched it in December 2020. The circular, issued to the managing directors of the scheduled banks, said that the banks would have to verify whether the financial statements, which would be submitted by the banks’ customers for loan processing, was consistent with the ICAB’s DVS or not. The BB issued the instruction to the banks as per the section 45 of the Bank Company Act, 1991 with immediate effect. SUNAMGANJ HAOR EMBANKMENT PROJECTS 40pc works still to be done as deadline missed.New, outlying district public univs failing to woo students.Not for anyone to walk dully along, and away.Foreigners working illegally go unchecked.Follies in following in the footstep of Hindi.Indian media report warrants no response: foreign ministry.Quota-system of job distribution needs to be reformed. ![]() Government must protect civilians in frontiers.
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