The Senate Standing Committee on Finance convened on Wednesday to discuss the issue of non-filers and the impending consequences they will face. Chaired by Senator Saleem Mandviwalla, the committee engaged in a comprehensive deliberation on the matter, focusing on the potential ramifications for non-compliance.
FBR Data Reveals Extent of Non-Filing
During the meeting, Malik Amjed Zubair Tiwana, the Chairman of the Federal Board of Revenue (FBR), shared crucial information with the committee. Tiwana revealed that the FBR has procured data related to a staggering 2.5 million non-filers, including specific information concerning 1 million prominent non-filers. This revelation highlights the gravity of the situation and underscores the need for decisive action.
Stringent Measures Planned for Non-Filers
Stricter initiatives are on the horizon for individuals who have failed to file their taxes. Informed by the FBR Chairman, the committee learned that non-filers will face an array of consequences, ranging from the disconnection of vital utilities like electricity and gas to the blocking of mobile SIMs.
These measures are intended to serve as a stern reminder to non-filers about the importance of fulfilling their tax obligations. Also read 3,500 Schools Closed in Balochistan Due to Shortage of Teachers
Time Limit for Tax Return Submission
To instill a sense of urgency, the Chairman emphasized that non-filers will be subject to legal action if they fail to file their tax returns within 30 days of receiving a notice. This provision aims to ensure timely compliance and discourage further delays.
Data Acquisition for Enhanced Enforcement
Efforts to crack down on non-filers extend beyond basic data collection. The FBR has collaborated with the National Database and Registration Authority (NADRA) and various third parties to gather comprehensive information on non-filers.
This includes not only their home addresses but also detailed records of property investments. By widening the scope of data acquisition, the authorities hope to gain a more nuanced understanding of the extent of non-compliance.
Ambitious Goals for Increased Tax Filings
Highlighting the FBR’s ambitions, the Chairman expressed the organization’s desire to increase the number of tax filers to an impressive 7 million this year. With the current figure of registered taxpayers standing at approximately 10.15 million, comprising both salaried individuals and businessmen, the aim is to persuade a larger number of non-filers to fulfill their obligations. At present, only 5.3 million individuals actively file their tax returns.
In conclusion, the Senate Standing Committee on Finance is taking a firm stance on non-filers by implementing stringent measures and penalties. By leveraging comprehensive data acquisition and setting a time limit for tax return submission, the government aims to significantly increase the number of individuals complying with their tax obligations.
This concerted effort not only reinforces the importance of tax compliance but also attempts to bridge the gap between registered taxpayers and non-filers, fostering a more equitable system for all. Also read 2025 Fulbright Scholarship Program: Empowering Pakistani Students