Page 25 - NIBAF-Training Matters January - March 2022

Multiple iterations on MS Excel (Basic, inter-
mediate and Advance Level) were conducted
for the BSC Officers during the month of March
2022. These programs were conducted by Mr.
Salman Shehzad, Project Director, NFLP-Y, NI-
value Payment System (LVPS), Ap- March 15, 2022. The trainers dis- BAF who brings a rich professional experience
plication Programming Interface & cussed PRISM, its components, and understanding on practical aspects and
API Gateway, Instant Payments / participant categories, transaction use of Excel. Mr. Salman covered the topic
Near Real-Time (NRT) Payments, types for fund transfers, transaction very comprehensively through exercises and
Push Payments vs Pull Payments, types for government securities, hands on practice session. BSC Officers be-
Real-time Gross Settlement (RTGS) business sessions, clearing settle- longing to different offices of Central and North
vs Deferred Net Settlement (DNS), ment, developments in PRISM, Regions attended these training Sessions. The
Payment Processor vs Payment need for issuing new rules, security trainer discussed the topic in detail and cre-
Gateway, Payment Scheme vs Pay- of Large Value Systems, data & ated a very encouraging learning environment.
ment Gateway, 1 Link, PRISM trends, initiatives and way forward. Participants were able to learn various Excel
(RTGS), NIFT, challenges in Digitiz- Participants took keen interest in tools/tips to implement and enhance their
ing Payments, Major Global In- the program, posing several ques- workflow efficiency.
stant/NRT Payment Systems, tions to clear their ambiguities.
RAAST Objective and Features, Overall conduct of the program re-
RAAST Scope & Use Cases, mained very successful.
RAAST Stakeholders, RAAST High
Level Design and Process Flow. The program on Issues of With-
holding of Income & Sales Tax
Exclusive trainings for SBP was conducted on March 21, 2022
BSC Officers by Mr. Dilshad Hussain, Joint Direc-
Program on operations of tor-SBP. The trainer discussed ba-
RTGS/PRISM was conducted for sics of income tax, withholding in-
BSC Officers from all field offices come tax rules, payment of with-
across Pakistan by Digital Innova- holding tax, e-filing of withholding
tion and Settlements Department tax, withholding of GST, withhold-
team of SBP led by Syed Muham- ing of sales tax on services etc. The
mad Taha, Joint Director-SBP on trainer also addressed various tax
related issues highlighted by partic-
ipants from their
experience in their
day-to-day dealing
of cases. Overall,
being a highly rele-
vant topic for BSC
staff who deal with
massive payment
cases on a daily
basis, the program
was highly appre-
ciated by the par-
ticipants.