M2 Marketing

September 20, 2021

FBR Launches Tax Profiling System For Filers And Non-Filers

Islamabad: The Federal Board of Revenue (FBR) has launched Maloomat – a tax profiling system – on its web portal to give access to filers and non-filers about their bank accounts and assets registered with FBR.

The notices were issued to more than 200,000 high net-worth un-registered persons based on the data bank. The data was collected from Diversified Industrial Service companies and gas companies to expand the tax base. It was reported that over 650,000 notices were issued on the information acquired by DISCOs and so far, 129,541 returns have been enforced.

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