AGL38.63▲ 0.81 (0.02%)AIRLINK129.71▼ -3.52 (-0.03%)BOP5.64▲ 0 (0.00%)CNERGY3.86▲ 0.09 (0.02%)DCL8.7▼ -0.16 (-0.02%)DFML41.9▲ 0.96 (0.02%)DGKC88.35▼ -1.34 (-0.01%)FCCL34.93▼ -0.13 (0.00%)FFBL67.02▲ 0.48 (0.01%)FFL10.57▲ 0.44 (0.04%)HUBC108.57▲ 2.01 (0.02%)HUMNL14.66▲ 1.33 (0.10%)KEL4.76▼ -0.09 (-0.02%)KOSM6.95▲ 0.15 (0.02%)MLCF41.68▲ 0.15 (0.00%)NBP59.64▲ 0.99 (0.02%)OGDC183.31▲ 2.67 (0.01%)PAEL26.23▲ 0.61 (0.02%)PIBTL5.95▲ 0.15 (0.03%)PPL147.09▼ -0.68 (0.00%)PRL23.57▲ 0.41 (0.02%)PTC16.5▲ 1.3 (0.09%)SEARL68.42▼ -0.27 (0.00%)TELE7.19▼ -0.04 (-0.01%)TOMCL35.86▼ -0.08 (0.00%)TPLP7.82▲ 0.46 (0.06%)TREET14.17▲ 0.02 (0.00%)TRG50.51▼ -0.24 (0.00%)UNITY26.76▲ 0.31 (0.01%)WTL1.21▲ 0 (0.00%)

FBR decides to cut off electricity, gas meters, block SIMS for non-filers

Share
Tweet
WhatsApp
Share on Linkedin
[tta_listen_btn]

 

The Federal Board of Revenue (FBR) is intensifying efforts to expand Pakistan’s tax net by implementing stringent measures aimed at increasing taxpayer participation.

With a targeted objective of bringing in 1.5 to 2 million new taxpayers into the system by June 2024, the FBR has established 145 district tax offices across the nation.

To accomplish this goal, the FBR is tapping into third-party data sources to gather information about taxpayers. This data will be utilized to identify non-filers, prompting decisions to disconnect electricity and gas meters of those not complying with tax obligations, and even block mobile SIM cards.

Highlighting the importance of cooperation from various institutions and departments, the FBR emphasizes the need for these entities to provide data through an automatic transmission system.

This concerted effort is envisioned to significantly expand the tax base in Pakistan.

The FBR has set an ambitious objective to elevate the tax-to-GDP ratio to the desired level, a crucial metric for the country’s economic framework. Despite having approximately 2.2 million taxpayers, the number of filers falls substantially short of this figure.

 

Related Posts