ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday announced plans to intensify audits across multiple sectors, aiming to broaden the tax net and comply with IMF directives.
Doctors, Beauty Parlors, and Paint Industry Under Scrutiny
The FBR has targeted high-earning doctors in Karachi, Lahore, and Islamabad, focusing on those charging excessive fees. Authorities said notices have been issued to an initial batch of 250 practitioners, with further audits planned.
Luxury beauty parlors and high-end cosmetic businesses are also under review to capture previously untaxed income.
Industrial Sectors to Face Rigorous Audits
Private paint companies suspected of tax evasion have been added to the list of sectors under audit.
FBR officials said other service industries will also be thoroughly reviewed in the coming months to improve compliance and revenue collection.
Private Auditors to Support Audit Expansion
The board has engaged 600 private auditors to assist with the audits and plans to hire 200 more soon.
Ultimately, about 2,000 private auditors will be deployed to strengthen audits across different sectors.
Authorities emphasized that all auditors will work under strict confidentiality agreements to safeguard taxpayer information.
Measures to Boost Revenue and Compliance
FBR sources said these audits aim to ensure fairness and transparency while enforcing tax compliance among high-income earners. The move reflects the board’s broader strategy to increase revenue, curb tax evasion, and reinforce Pakistan’s fiscal framework in line with IMF recommendations.
The Federal Board of Revenue has advised doctors and beauty parlour owners to comply with new instructions, noting that audits will bring all high-earning individuals and enterprises under proper taxation. The board is making hectic efforts to enhance tax-base and revenues to meet targets.
