FBR to Deploy Over 100 Specialists for Targeted Industry Audits
In a push to tighten tax compliance and plug revenue leaks, Pakistan’s Federal Board of Revenue (FBR) is bringing in 102 industry-specific audit experts to scrutinize business practices across 42 major sectors of the economy.
The initiative marks one of the FBR’s largest moves yet toward sector-focused audits, signaling a shift from general inspections to highly specialized oversight. Sources say the recruits will have expertise in industries ranging from automotive manufacturing and aviation to telecom, real estate, banking, and tobacco.
Focus on High-Impact Sectors First
The program will roll out in phases, with the first wave of audits zeroing in on sectors that contribute heavily to tax revenues—or are known for compliance gaps. These include automobiles, textiles, iron and steel, independent power producers (IPPs), distribution companies (DISCOs), pharmaceuticals, finance and insurance, sugar, chemicals, fertilizers, petroleum and lubricants, cement, telecom, and tobacco.
By prioritizing these areas, the FBR aims to tackle industries where even minor percentage improvements in compliance could translate into significant gains for the national exchequer.
Why It Matters
Pakistan has long struggled with a narrow tax base, and sector-specific audits are seen as a way to close loopholes often missed in general reviews. With specialized auditors who understand the unique financial structures and operational quirks of each industry, the FBR hopes to make enforcement both faster and more accurate.
If successful, the model could become a blueprint for more targeted tax oversight in the future, replacing broad, less effective auditing practices.