ByIslamabad, Pakistan: The Federal Board of Revenue (FBR) has announced plans to launch a strict crackdown on non-filers starting October 1, 2024.
The FBR aims to achieve an annual tax target of Rs13 trillion and will take aggressive measures to collect taxes from millions of non-filers. Express Tribune
Restrictions on non-filers: Non-filers may face restrictions on international travel, mobile SIMs, electricity, and gas connections.
Property and vehicle restrictions: Non-filers may be prohibited from buying or selling property and vehicles.
Double withholding tax: Non-filers will be subject to double withholding tax.
Extensive audits: The FBR will conduct audits of taxpayers who fail to file their returns.
Targeting specific sectors: The FBR plans to collect billions in taxes from ten major sectors, including retail, wholesale, transport, real estate, construction, health, and education.
Leveraging intelligence agencies: The FBR will utilize intelligence agencies to identify officers involved in corruption.
Digital capture of services sector supplies: The FBR aims to capture Rs48 trillion in services sector supplies digitally over the next three months.
The FBR’s crackdown is part of the government’s efforts to increase tax revenue and meet its financial targets. The government has allocated Rs34 billion to modernize the FBR and improve its efficiency.
