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.
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.
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.
Iqra holds BS in International Relations and is passionate about writing engaging content on trending real estate topics. When not working, she is either spending time with family, shopping, or discussing shows & movies.
