- November 24, 2023
- Posted by: Muhammad Afzaal
- Category: RBS News
The Federal Board of Revenue (FBR) plans to establish 145 District Tax Offices following approval from Finance Minister Shamshad Akhtar, as reported by a news source on November 17.
These offices, each headed by District Tax Officers, have been officially announced by the FBR. They assigned the critical task of ensuring Income Tax Returns filed by non-filers and preventing tax evasion by filers.
This initiative expected to significantly contribute to increasing the tax-to-GDP ratio to the desired level. The goal is to bring in 1.5 to 2 million new taxpayers into the system by June 2024.
To bridge the tax gap and include all potential taxpayers, these new offices will led by specialized Inland Revenue Officers with ranks of BS-17/18. They utilize data from various government departments and agencies to identify assets. The significant expenditures of individuals who have managed to evade taxes until now. It also ensures their registration and compliance with tax filing.
A crucial aspect of this strategy is the implementation of section 114B in the Income Tax Ordinance, 2001. This section empowers the department to take action. These actions include disconnecting utility services (electricity and gas) and blocking mobile SIMs. If individuals fail to comply with issued tax return notices.
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