FBR to get land ownership data

FBR to get land ownership data

ISLAMABAD: Federal Board of Revenue (FBR) has signed agreement with Punjab province to get land ownership data for broadening the tax base.

In line with the vision of the Prime Minister to improve transparency in the tax collection system, FBR has achieved another milestone by signing an MoU with the Board of Revenue, Punjab.

Under the MoU, Board of Revenue, Punjab will share the data with Federal Board of Revenue which includes E-Stamps on a number of transactions and land ownership data.

FBR has been making consistent efforts to acquire third party data by linking its IT Systems with such parties to broaden tax base and to improve the transparency in the collection system.