Tax ecosystem will be transparent, and all stakeholders will be well-informed.
To drive economic and tax growth in Pakistan, emphasis should be placed on utilizing data-driven techniques to a significant extent. The country has invested in data collection and analysis to find ways that can help in sustainable development.
The main objective of this data-driven approach is to promote tax compliance and revenue mobilization. Through high-level data analytics tools, authorities can countercheck taxpayer information to see any case of tax evasion. This strategy is meant to ensure transparency and accountability. The tax ecosystem will be transparent, and all stakeholders will be well-informed.
Read more…