Heading: FBR COLLECTS KEY PROVINCIAL DATA TO EXPAND TAX BASE - 2025-02-23
Islamabad, February 23, 2025 – The Federal Board of Revenue (FBR) has collected crucial provincial data to broaden the tax base and identify high-net-worth individuals who may not be fully contributing to national revenue. According to sources, the FBR has obtained extensive records on property ownership, vehicle registrations, and other financial transactions from provincial authorities. The FBR is currently analyzing this data to track individuals with lavish lifestyles and significant assets that have not been declared. By using this information effectively, the tax authorities aim to unearth hidden wealth, ensuring that all eligible taxpayers contribute their fair share. According to officials, the FBR has now acquired vehicle ownership data of over 21 million individuals from all four provinces. Additionally, development authorities have shared details of over 100,000 citizens, while provincial revenue departments have provided more than 20,000 CNIC-centric records. Moreover, provincial land authorities have handed over land-related data for over 23 million people to the FBR, significantly enhancing its database for tax enforcement. The provincial Food Authorities and Minerals & Mines Departments have also contributed CNIC-linked data to the FBR, further strengthening its ability to track unregistered wealth. However, despite the vast amount of raw data collected, officials…
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