FBR conducts third party survey of retailers after amnesty failure
ISLAMABAD: After the failure of amnesty scheme, the Federal Board of Revenue (FBR) has decided to conduct third party survey to identify the number of retailers in the country to bring them into tax net.
FBR sources said that the amnesty scheme introduced last year by the tax authorities to attract small traders into tax net resulted in failure as only 10,000 new tax return filers were come into the tax net, against the estimates of 100,000.
According to details the FBR is now preparing digital directory of retail outlets across the country. And for this purpose the FBR is intending to carry out Geographic Information System (GIS) mapping of the retailers.
The FBR has invited Expression of Interest (EOI) for the purpose from the reputed Information Technology based firms. The FBR said that proposal must reflect the relevant expertise and experience of the firm in conduct of similar assignments.
FBR sources said that purpose of outsourcing the task of conducting survey was to avoid direct interaction between potential taxpayers and tax officials.
According to some estimates there are 1.5 million retailers are in the country and have potential to pay about Rs100 billion as tax on annual basis. The contribution of retail sector into GDP is 18 percent but less than one percent towards tax contribution.