Daily The Business

FBR, NADRA launch online tax profiling system: Shabbar

By Our Staff Correspondent

ISLAMABAD: The Federal Board of Revenue (FBR) on Friday formally launched the online FBR Tax Profiling System, enabling 53 million people to check their bank details, properties, utility bills and travel history data. FBR Chairman Shabbar Zaidi, while addressing a press conference in Islamabad, introduced the system, using which citizens can check their tax profile after paying a fee of Rs500.
The chairman said that the data has been compiled with the help of the National Database and Registration Authority (NADRA) . He said that anyone — on the basis of their computerised national identity card (CNIC) and cell phone number — can request access to their information.
He said that security features have been added to the online profile system so that no one can access the personal information of another person. Zaidi said Pakistan is entering a new era and tax assessment will now be made on the basis of available data as well as related information. He further said that Rs500 would be charged for each attempt to access one’s profile. State Minister for Revenue Hamad Azhar also addressed the press briefing.
As per details, if a person wants to access their information, they will have to send a message to 9966 to receive a code for registration on the system. Next, the person will have to pay a Rs500 fee and then gain access to their data. According to the FBR, the system allows citizens to view their profile created by correlating their data from multiple data sources of assets, expenses and lifestyles available with the government.
The ordinance aims to provide for voluntary declaration of undisclosed assets, sales, and expenditures. The board reiterated that the closing date for assets declaration scheme is June 30, 2019. It was advised to the persons intending to avail this scheme to ensure that the following reliable data relating to undeclared and undisclosed assets and expenditure should be shared with FBR.
Data of industrial and commercial gas and electricity consumers from various DISCOs and gas distribution companies has been procured to identify the persons who are chargeable to tax but have not been paying their due taxes. That there is complete cooperation between the banks and the Federal Board of Revenue on the availability of data relating to withholding taxes and other relevant information especially related to non-filers.
That Federal Board of Revenue in collaboration with National Database and Registration Authority is providing access to the concerned persons (confidentially) for the transactions undertaken in the past in order to let the people know the transactions undertaken by them. This data will be available through secure channels from National Database and Registration Authority on demand subject to a certain fee.
That it is planned that bearer certificates such as bearer prize bonds will be converted into registered prize bonds over a period of time as specified by the State Bank of Pakistan in coming months. Federal Board of Revenue is in contact with the land record authorities and relevant District Collectors with regard to shops and establishments for identifying the business establishments within their respective areas.
That administrative setup is being placed for the operation of the Benami law and it is expected to be fully operational from July 1, 2019.

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