ISLAMABAD: The Federal Board of Revenue (FBR) has signed an agreement (MoU) with the Board of Revenue and Estate, Khyber Pakhtunkhwa pertaining to data sharing in order to improve transparency.
The agreement is in line with FBR’s commitment to improve efficiency and promote transparency in the tax collection system.
In adherence to the MoU, both the organizations will share specified digital data, comprising of data pertaining to land/property ownership as well as agricultural income allowing both organizations to enhance their tax collection activities in their respective domains.
The Agreement was signed by the Senior Member, Board of Revenue and Estate, Khyber Pakhtunkhwa Mr. Zafar Shah and the Member IT, FBR Dr. Ashfaq Ahmed Tunio in a simple ceremony at FBR, with Member (FATE) FBR, Chief (FATE)/Director Media FBR, Chief IT (BDT) and other officers of the two organizations in attendance.
The Agreement also focuses on developing integrated IT-based platforms allowing for automated exchange of data in the future. FBR has consistently been taking steps to acquire third-party data by linking its IT systems with various provincial departments and other organizations for the purpose of broadening the tax base and improving transparency in the tax collection infrastructure.
In line with this vision, several Agreements have already been signed with provincial excise and taxation departments and development authorities, leading to the acquisition of valuable data.
