The Federal Board of Revenue (FBR) has embarked on a rigorous drive against non-filers of tax returns, issuing notices to over 700,000 individuals.
Citing guidance from the IMF, the FBR initiated this move to prompt compliance with tax regulations.
Sources within the FBR indicate that these notices were sent after comprehensive reviews of banking records and electricity bills. Individuals who have yet to file their tax returns have been urged to promptly fulfill this obligation.
Furthermore, in a stringent step, non-compliant individuals face the prospect of their mobile phone SIMs being blocked following the notice. The subsequent phase of the FBR’s strategy involves the disconnection of electricity connections for tax defaulters.
The FBR’s objective is clear: to expand the tax net by enrolling more than 1 million new taxpayers this fiscal year. This initiative signals the FBR’s commitment to ensuring a broader and more comprehensive tax compliance landscape.
