Federal Board of Revenue (FBR) takes significant step to boost tax compliance and revenue.
In a bid to strengthen tax compliance and revenue generation, Pakistan’s Federal Board of Revenue (FBR) has approved the blocking of mobile phone SIM cards belonging to 1.8 million non-filers across the country. This move aligns with conditions set by the International Monetary Fund (IMF), indicating Pakistan’s commitment to economic reforms.
The decision, greenlit by the FBR chairman, is part of the government’s efforts to bolster tax compliance ahead of the next IMF loan program. The FBR has compiled lists of non-filers and forwarded them to relevant authorities for action.
Field formations have instructed to compile data of non-filers starting from 2023, with chief commissioners tasked with finalizing the lists for FBR intervention. Additionally, the FBR has granted powers to disconnect electricity connections of non-filers, further emphasizing tax compliance.
Originally scheduled for January 2024, the operation has postponed until after Eid. It anticipated that this initiative will significantly contribute to enhancing tax revenue and meeting IMF conditions, thereby strengthening Pakistan’s economic framework.
IMF chief Kristalina Georgieva recently mentioned that Pakistan is in discussions for a potential follow-up program, noting the country’s improved economic performance and reserve building efforts. The move to block SIM cards of non-filers reflects Pakistan’s commitment to fiscal discipline and aligning with international financial standards.
 has approved the blocking of mobile phone SIM cards belonging to 1.8 million non-filers across the country. This move aligns with conditions set by the International Monetary Fund (IMF), indicating Pakistan's commitment to economic reforms.){kind=link}