18 Sectors to Come Under FBR By December

The Federal Board of Revenue (FBR) has announced plans to implement tax monitoring systems across 18 sectors by December 31, 2026, with the aim of enhancing tax collection and reducing evasion. The sectors to be covered include sugar, cement, tobacco, tiles, fertilizers, textiles, packaged water, packaged juice, packaged milk, steel, poultry, tires, tea, domestic electronics, leather, paper and board, and oil and ghee.

Monitoring systems have already been fully installed in sugar, cement, tobacco, tiles, and fertilizer sectors, and installation work is underway in textiles, packaged water, packaged juice, and packaged milk. The government anticipates that all equipment purchases will be completed by October 15, with procurement for tea, domestic electronics, leather, paper and board, and oil and ghee set to be finalized by October 30.

The implementation of these monitoring systems is expected to be fully operational by the end of December. The move comes as part of a broader FBR reform agenda, which has already resulted in an additional Rs. 1.3 trillion in tax revenue over the past three years, a 40 percent increase attributed to enforcement measures.

Brief written by urgent.news from ProPakistani's own syndicated text. Machine-written — may contain errors; check the original before relying on it.