Islamabad: The Federal Board of Revenue (FBR) has gained more powers to expand the tax net and block mobile SIMs in case of disconnection of utility connections and non-return Filed in response to notices issued, The News reported on Saturday.
The decision comes as Pakistan signed a staff-level agreement with the International Monetary Fund (IMF) on the first review of the $ 3 billion bailout.
Out of a total population of 240 million, there were hardly 4.9 million return filers during the previous financial year. There are approximately 2 million return filers who have filed zero returns، That’s why it’s more likely to find potential non-filers or tax dodgers to expand the tax base.
In this regard, The Federal Board of Revenue (FBR) nationwide as part of a restructuring initiative to bring 1.5 to 2 million new taxpayers into the tax net by June 145 district tax offices have also been established in 2024.
Offices will focus on bringing new taxpayers into the tax net by June 2024 by enforcing income tax returns from non-filers and stopping filers.
A statement issued by the FBR said that Prime Minister Anwar-ul-Haq Kakar had mentioned the importance of revenue and the current number of tax filers during recent meetings The emphasis was on growth.
The board on Friday notified the offices of 145 DTOs to expand the tax base, eventually raising the tax-to-GDP ratio to the required level.
DTOs will be inland revenue officers of BPS-17/18. They will obtain and use party arbitrator data from various departments and agencies that contain important information regarding asset investments and the potential taxpayers’ heavy Take costs that have been successful so far to escape the tax system and stay away, including registration and filing of tax returns.
One of the tools used for this purpose will call Section 114B, recently introduced in the Income Tax Ordinance 2001, which disconnected the utility connection to the department Gives the option to block mobile SIMs, including electricity and gas, and in case of no return in response to notices issued.
A new documentary law is also being introduced to oblige various agencies and departments to provide data to the FBR through an automated common transmission system.
