Islamabad Pakistan: The Federal Board of Revenue (FBR) has made significant strides in its efforts to broaden the tax net by leveraging data analytics and technology. A key strategy has been the integration of third-party data sources to identify potential taxpayers.

Key Highlights:

• Data Sharing with Field Offices: The FBR has shared 46 sets of third-party data with its field offices, leading to the identification of over 1.3 million new potential taxpayers.
• Real-time Data Integration: The FBR is actively working on real-time data integration with NADRA and other relevant organizations to enhance its data-driven approach.
• Digital Initiatives: The FBR has modernized its digital tools, including the Malomaat portal and Tax Ray, to improve efficiency and effectiveness.
• Targeted Outreach: The FBR has launched targeted campaigns to encourage taxpayers to file their returns, particularly focusing on high-net-worth individuals and non-filers.
• Collaboration with Regulatory Bodies: The FBR has signed MoUs with various departments and organizations to facilitate data sharing and information exchange.
• Strengthening Field Operations: The establishment of 145 District Tax Offices has enhanced the FBR’s ability to conduct effective tax audits and investigations.

By leveraging technology and data analytics, the FBR aims to improve tax compliance, increase revenue collection, and create a more equitable tax system. However, challenges such as tax evasion, corruption, and administrative inefficiencies continue to hinder the FBR’s efforts.