The Institute of Taxation

Member of International Fiscal Association

Following are the office bearers and members of the board:

Office Bearers

  • Dr. Muhammad Irshad – President
  • Mr. ___________________ – Senior Vice President
  • Mr. ___________________ – Vice President (Executive)
  • Mr. ___________________ – Vice President (Finance)

POWERS AND DUTIES OF THE OFFICE BEARERS

PRESIDENT:
          1. He/She will supervise all the matters of the Institute in accordance with policies and procedures approved by the Council.
          2. All the meetings of the Council and executive committee will be presided over by the President.
          3. He/She can call or adjourn any meeting according to the situation.
          4. He/She can cast additional vote in case of equal votes on passing any resolution.
          5. He/She will be empowered to check accounts, sign accounts, books and other important papers.
          6. He/She can appoint or dismiss any staff member or employee of the Institute.
          7. All the office bearers are bound to advance full cooperation to President in running the affairs of the institute.
SENIOR VICE PRESIDENT

He/She will be responsible;

          1. To assist the President in performing his/her duties.
          2. To act as President in the absence of President.
          3. To perform all the duties/tasks assigned by the President.
VICE PRESIDENT – EXECUTIVE

He/She will be responsible;

          1. To keep the operational and legal record of the Institute in the safe custody.
          2. To record the minutes of the meetings of the Council and executive committee.
          3. To prepare the agenda of the meetings in consultation with President and to circulate.
          4. To manage the collection of funds, subscription and grants from the public to meet the expenses of the Institute.
          5. To make arrangement for annual audit of the accounts of the institute and its approval by the Council.
          6. To ensure the compliance of all legal and regulatory requirements by the Institute.
          7. To perform all the duties/tasks assigned by the President or executive body.
VICE PRESIDENT – FINANCE 

He/She will be responsible;

          1. To keep the accounting records of the Institute in the safe custody.
          2. To deposit the funds of the institute in the bank approved by executive body and ensure the operation of bank is in line with mandate and instructions of the Council.
          3. To prepare the financial statements as per IFRS and budget estimate of the Institute for the consideration and approval by the Council.
          4. To maintain all financial books of the Institute as per legal requirements.
          5. To receive and bank all donations, grants, fees etc. and to issue receipts to the payees.
          6. To perform all the duties/tasks assigned by the President or executive committee.
      1.  

Board Of Directors

The following subscribers of the MOA of the Institute are the first directors:

 

Governing Board

The following are the members of the governing board:

  • Mr.
  • Mr.
  • Mr.
  • Mr.