 Day to day compliance activities

i. Calculating and deducting the applicable amount of withholding tax for each employee.
ii. Depositing withholding tax to the government authorities along with the within specific
time period.
iii. Collecting receipts copies of the treasury challans.
iv. Preserving copies of the challans for future reference and submission to the
governmental authority.

 Monthly Withholding (TDS) Statement Submission (Salary TDS)

i. Preparing monthly withholding Statement for salary expenses (U/S 50).
ii. Arranging withholding tax challans for salary expenses onward submission to respective
tax circle office along with Withholding (TDS) Statement.
iii. Submitting monthly TDS Statement for salary expenses along with the withholding
challans.
iv. Collecting and preserving receipt copy of monthly TDS return for salary expenses.
v. Providing documents and explanation for salary expenses as per the requirements of the
respective Deputy Commissioner of taxes (DCT).

 Semi Annually Compliance Activities (Consolidated withholding TDS return submission for
Company)
i. Preparing semi-annual statement for withholding tax (U/S 75A) for Salary Expenses part
only.
ii. Arranging relevant withholding tax challans for onward submission to tax office along
with withholding tax return.
iii. Submitting the withholding tax return (salary information’s only) to customer for onward
submission to the tax office.

 Annually Compliance Activities

i. Annual return submission U/S 108 regarding payment of Salary.
 Preparing Sec.-108 return of Annual Information regarding annual payment of Salary
and withholding salary tax over the period.
 Submission of Annual Information regarding payment of Salary to NBR u/s 108
 Collecting and preserving receipt copy of the withholding tax return, and,
 Providing documents and explanation as per the requirements of Deputy
Commissioner of Taxes.
ii. Monitoring individual annual tax return submission of employee.
 Monitoring individual annual tax return submission of employee within stipulated
time.
 Collecting and preserving receipt copy of the acknowledgement copy for Bangladeshi
employee
iii. Submission of the statement regarding filing of return by employees
 Preparing Sec.-108A statement for the period.
 Submission of 108A Statement to NBR u/s 108A.
 Collecting and preserving receipt copy 108A.
 Providing documents and explanation as per the requirements of Deputy
Commissioner of Taxes.