ISLAMABAD: The Federal Board of Revenue (FBR) has implemented significant updates to its password policy and introduced an advanced Stock Register system as part of its ongoing efforts to enhance digital security and streamline tax administration.
Under the new password policy, FBR now mandates users to update their passwords every 60 days. Expired passwords will require users to reset them through the “forgot password” feature. To further bolster security, the registration process will necessitate a mobile number and email address, making credential recovery more robust but potentially more complex if lost.
Additionally, FBR has rolled out an advanced Stock Register system through its Information Center 2.0 platform. This system offers tax officers real-time access to detailed data on registered taxpayers, ensuring greater transparency and facilitating compliance with income tax and sales tax regulations.
The new platform centralizes taxpayer profiles and enhances oversight capabilities for tax assessments, aiming to prevent tax evasion and improve overall compliance. The initiative is a key component of FBR’s broader digital transformation strategy, which seeks to modernize tax administration and increase revenue collection.
These measures underscore FBR’s commitment to leveraging technology for better governance and fostering trust in Pakistan’s taxation system.
