22.9 C
Karachi
Friday, March 29, 2024
- Advertisement -
 

FBR to digitize tax collection system to end corruption

TOP NEWS

Web Desk
Web Desk
News Stories Posted by ARY News Digital Team

KARACHI: In a bid to detect tax evasion and end culture of corruption, the Federal Board of Revenue (FBR) has announced to digitalize its tax collection system.

According to the details, the FBR will replace its current manual tax collection system with an automated and digital system in a year or two.

Addressing the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Saturday, FBR Chairman Dr Jahanzeb Khan said that “Digitalisation of the tax collection system is being done under aggressive reforms at the FBR.”

Read More: Tax reforms inevitable for durable progress : PM Imran

He said, “We are actively working on reforms these days. We are hopeful to present the digital tax collection system by next year and implement it in one to two years.”

The chairman said that the FBR had already gathered data and information related to thousands of potential taxpayers and added, “We are going to merge the data with the under-developing digital tax collection system.”

Jahanzeb Khan said  that information technology-based reforms were aimed at simplifying the tax collection system to facilitate the taxpayers.

He said that the new system would end culture of corruption and harassment of taxpayers at the hands of tax collectors and added, “The system is aimed at facilitating the taxpayers, so that the business community could itself come forward to pay due taxes on time.”

- Advertisement -
- Advertisement -
 

POLL

Will the PML-N led govt be able to steer Pakistan out of economic crisis?

- Advertisement -
 

MORE STORIES