FBR is ready to crack down on tax evaders
Officials of Federal Board of Revenue say it will use artificial intelligence to collect information against tax evaders
Budget of the Federal Board of Revenue has prepared for a major crackdown on tax evaders, including non-filers.
In budget for new financial year, Federal Board of Revenue has prepared a major action against tax evaders, sales tax unregistered traders, and income tax non-filers.
In this regard, Federal Board of Revenue will be equipped with modern technology, and data of individuals will be collected through latest artificial intelligence.
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Federal Board of Revenue is gearing up to crack down on unregistered sales tax traders and income tax non-filers across chain.
It has been decided to tighten monitoring of non-filers in new budget. And it has been decided to monitor transactions of unregistered and non-filers of sales tax.
According to sources, preparation of a new strategy to tighten circle around tax evaders is also underway and strong action will be taken against those who collect sales tax from consumers and do not deposit it in national exchequer.
In this regard, Federal Board of Revenue will collect information against tax evaders through artificial intelligence.
