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RIMS to help make economy documented: Haroon Akhtar

RIMS to help make economy documented: Haroon Akhtar

ISLAMABAD: The Federal Board of Revenue (FBR) has sought information from the Civil Aviation Authority, mobile phone companies, National Data base Registration Authority (NADRA) and commercial banks to bring tax evaders into the tax net, said Haroon Akhtar Khan, Special Assistant to the Prime Minister on Revenue.

Addressing the participants at the launching ceremony of Restaurant Invoice Management System (RIMS) he said “the intelligence wing of the FBR has been strengthened as compared to the past and if one’s earnings do not match with expenditures, then one will have to answer to the FBR”.

Haroon Akhtar said there is difference between hundi and money laundering, adding that the tax amnesty scheme was need of the country. He said that the FBR has launched Restaurant Invoice Management System (RIMS), a technological based solution, to monitor sales on real time basis, thus reducing the human interface and bringing transparency in the tax collection process.

The prime objective of web-based RIMS is to facilitate the taxpayers by relying on modern techniques to tap the difference between current and potential collections. The ceremony was attended by Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan, Sheikh Amir Waheed Tariq, President ICCI and Khurram Khan, representative from restaurant association.

On this occasion Special Assistant to Prime Minister Haroon Akhtar Khan has said that success of Federal Board of Revenue is success of Pakistan. RIMS is totally FBR own effort and no help has been seek from out sources. The system will help to make the economy documented. FBR is providing maximum facilities to the tax payers and in this regard the speedy work on reforms in process. Federal Board of revenue is creating deterrence for non-filers so that they compelled to include in the tax net.

It is appreciable that RIMS has so far been successfully installed in 80 plus renowned restaurants operating in the federal capital and further implementation in remaining restaurants is in process. FBR, as a part of its ongoing strategy, is committed to rely more on use of modern techniques to bring about efficiency and effectiveness in tax collection. FBR is all set to work in close collaboration with Chambers and Restaurants Associations to ensure application of this system in all restaurants of Islamabad.