The Federal Board of Revenue (FBR) has decided to monitor more than 7 million income tax returns using artificial intelligence (AI) and digital tools, sources told ProPakistani.
According to FBR sources, all returns where less than 25 percent tax has been paid will be selected for audit. Returns with low tax payments will be included in a large-scale audit, which will involve 8,000 Inland Revenue officers and 4,000 auditors.
The number of income tax returns filed this fiscal year is expected to reach 8 million.
The audit will cover major companies, various sectors, and individual taxpayers. The process will be fully automated and digital, with AI-driven systems used to identify discrepancies. Microsoft Excel filters and formulas will be used for initial screening of returns, while AI and digital tools will assist throughout the audit process.
Taxpayers who have paid more than 25 percent tax will be automatically excluded from the audit list. The audit will be conducted in three phases: the first phase will focus on commercial and industrial returns, the second on single-owner and registered companies, and the third on individual and salaried taxpayers.
Action will be taken against those who provide incorrect information or whose declared assets do not match their returns. The FBR also plans to take action against taxpayers who display exaggerated income on social media.
The audit will be conducted from eight different angles to ensure thorough scrutiny. As of October 31, 5.9 million tax returns had been filed, resulting in an additional Rs. 9 billion in tax collection.
You mean like austrailian govt did which showed that ai hallucinates and had to refund the entire thing
Ai means chatgpt and it doesn’t work
Why not replace the fbr board with ai . Lol
yea keep annoying and creating scary and confusing environment for filers and non filers run amoc. wah wah genius
This is a country where less than 1% of the total files tax returns to begin with. Instead of screwing around with the filers, why not expand the tax net and check those who don’t bother to file. This is making a case for not filing. It is mind boggling.
AI is not the assurance of authenticity it is based on on-line data available, in certain cases it might be deceptive.
Secondly do the obvious things first, priority should be of honest abd sincere assessment of traders and even before that include traders in the tax net that is hugely missed.
Sorry to write it seems same old double sawari approach.
A better starting point would be to expand the tax base by cross referencing electricity consumption, car and property purchase, and cell phone bills etc. The submitted returns could be audited in the 2nd phase.
“FBR announces that it will punish Pakistanis for becoming filers”. Non-filers ko koi poochta hi nahi hai jab tak croron ki kahani na ho. Filer ko to 5 lakh ka gift baap de jaaye to uss pe bhi tax kaat lete hain ke non-filer se gift lene ki jurrat kese ki?
AI should replace FBR and the government as well…