| The Boards of Revenue (BoR) Sindh and Balochistan have signed data-sharing agreements with the Federal Board of Revenue (FBR) to enhance transparency and efficiency in tax collection mechanism, a news source reported on May 4. The agreements were signed on April 19 and April 28, respectively.
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As per the details, both boards will share specified digital data on property/ land ownership and agriculture income. It will help improve the tax collection activities of FBR. With this collaboration, it is expected to further develop integrated IT-based platforms through which automated exchange of data will be made possible.
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The news source mentioned that the FBR has been making efforts to acquire third-party data by linking its IT systems with different provincial departments and other organisations in order to broaden the tax base and make tax collection process transparent. |
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