December 18, 2018: Pursuing innovative strategy for increasing tax base, Federal Board of Revenue (FBR) is considering development of a mobile app to file online return with greater convenience.
The Board, besides taking numerous steps to achieve the objective, would also ensure integration of databases like National Database and Registration Authority (NADRA), Provincial Revenue Authorities, Excise and Taxation Departments, Utility Companies and Land Registering Authorities with that of FBR.
Official sources on Tuesday said this would be done in a way that a 360 degree view of economic profile of a taxpayer/non-taxpayer is developed.
Listing other measures adopted under innovative strategy, the sources said the FBR would focus on Mapping Big Businesses & Services (MBBS).
The focus would be on four big and flourishing businesses including: private hospitals, diagnostics, labs, pharmacies eateries & food outlets, bakers and wedding halls.
In entertainment sector the domains would be event management, professionals linked with showbiz, sports, drama, film, music and theatre, amusement parks & facilities, private educational institutions, especially joint ventures with international universities.
The sources said real estate sector would also be focused as it has witnessed countless transactions each year.
The FBR intends to gather investors data, identify unregistered persons and ensure that due tax is paid by them.
