FBR, KP Board of Revenue sign MoU for data sharing

FBR, KP Board of Revenue sign MoU for data sharing

Staff Report

ISLAMABAD: In order to improve efficiency and transparency in the tax collection system, and promote digital integration, the Federal Board of Revenue (FBR) signed a memorandum of understanding (MoU) with Khyber Pakhtunkhwa Board of Revenue and Estate, for data sharing.
Under the MoU, the two organizations will share specified digital data, including data about land/property ownership and agricultural income, which will help both organizations to improve their tax collection activities in their respective domains. The MoU was signed by KP Board of Revenue and Estate Senior Member Zafar Shah and FBR Member IT Dr. Ashfaq Ahmed Tunio in a simple ceremony at FBR. The MoU also envisages to develop integrated IT based platforms through which automated exchange of data will be possible in future. FBR has been making consistent efforts to acquire third party data by linking its IT systems with different provincial departments and other organizations to broaden the tax base and improve transparency in the tax collection system. For this purpose, several agreements have already been signed with provincial excise and taxation departments and development authorities, from where valuable data is being acquired.