Islamabad: According to press reports, the Federal Board of Revenue (FBR) announced the registration of 22 million individuals and enterprises across the country on Monday (November 29) in order to expand the country’s tax net. Starting in December, the effort would use mass media ads, notices, and registration drives to bring an estimated 22 million people into the tax net.
The data of possible tax defaulters and taxpayers has been prepared with the collaborative efforts of the National Database and Registration Authority (NADRA) and the FBR, according to details given in a meeting convened by Adviser on Finance and Revenue Shaukat Tarin.
NADRA has provided data on 15 million potential taxpayers, while FBR has gathered information on 7.2 million persons. The registration of such individuals will increase tax revenue and broaden the tax base of the government.
In this regard, consultant Tarin noted that the strategy will be implemented in stages, beginning with monthly notifications to 100,000 to 300,000 people, followed by notice enforcement to ensure compliance. The data created by NADRA and FBR would be made available to taxpayers on the FBR website, according to the statement.