Islamabad: The Federal Board of Revenue (FBR) and the National Database & Registration Authority (NADRA) have agreed to conduct a 360-degrees analysis of non-filers, a news source reported. The aim of this effort is to broaden the tax base by bringing non-filers into the tax net.
Read: Bringing the rich into the tax net – FBR gets access to NADRA’s data
To this effect, several NADRA officials held a meeting recently with FBR Chairman Mohammad Jehanzeb Khan. A number of FBR officials, along with FBR Member Inland Revenue Policy and FBR Member Inland Revenue Operations, also attended the session.
The NADRA officials shared the taxpayers’ data available in the authority’s database. Both sides then proceeded to discuss the measures required for expanding the tax base. The meeting’s participants agreed to initiate an exercise geared towards searching for new taxpayers – with the aid of NADRA’s records.
Sources report that actionable information available through this database will be used for carrying out a 360-degrees analysis of non-filers to bring them under the tax net. FBR is already in the process of obtaining the data of 400,000 non-filers from NADRA in order to take the necessary action against these individuals.
Read: FBR to gather family data of large tax evaders
For the said analysis, the FBR will reportedly take a broad view of lifestyle, foreign travels, expenditures, property purchases, and other data pertaining to non-filers. The authority is expected to begin this exercise by the end of this month.