ISLAMABAD: The Tax Maloomat (information) – a program launched by the Federal Board of Revenue (FBR) has captured details of 53 million citizens who have made transactions and withholding tax was deducted.
An official report revealed that the FBR’s Maloomat (tax profiling system), that was launched on its web portal, had contained data of 53 million citizens, giving access to the filers and non-filers to the information about their assets and bank accounts.
The report further said that FBR had utilized data obtained from DISCOs and gas companies:
More than 650,000 notices have been issued on the basis of data obtained from DISCOs and in lieu of these notices 129,541 returns have been enforced so far, it added.
In order to develop 360 degree view of tax payers, data sources like banks, vehicles and real estate transactions have been captured and a Data Bank has been developed. Based on this data bank, notices to more than 200,000 high net-worth un-registered persons have been issued.
The report further said that number of income tax return filers for Tax Year 2020 has crossed 3.0 million.
The FBR launched Tax Asaan – a mobile phone application – which provides for basic verification features like ATL, Online NTN/STRN inquiry, exemption certificates and sales tax registration.
The FBR has embarked on a plan to integrate all sales outlets of tier-1 retailers with FBR’s central computerized system.
The FBR successfully signed an agreement with traders. The market committees shall not only resolve contentious issues but also ensure registration of un-registered traders.
The FBR has decided to implement Track and Trace System for specified goods/ products i.e. Tobacco, Cement, Sugar, Fertilizer and Beverages imported into or manufactured in Pakistan.