The Federal Board of Revenue (FBR) is preparing to register high-net-worth individuals, including non-filers and nil-filers, under a new enforcement plan aimed at improving tax compliance.

The FBR has finalized preparations for implementing this plan at the field formation level. The primary targets of this enforcement exercise will be non-filers and taxpayers who declare zero income or conceal their income and assets.

Field formations will issue notices to these high-net-worth individuals following approval from the FBR chairman. In the initial phase, the FBR plans to issue notices to 5,000 non-filers, with an estimated tax liability of Rs. 7 billion. The tracking of these notices will be managed through a dedicated FBR dashboard.

Following an internal analysis and desk audit of transaction data for 200,000 non-filers, the top 5,000 high-net-worth individuals will receive notices in the coming week.

According to FBR data on return filing, out of 4.821 million income tax returns filed for the tax year 2024, 1.820 million returns reported nil income, with no tax deposited alongside these nil returns. In the previous year, 859,929 individuals filed nil-income returns out of a total of 2.407 million returns filed by October 26 for the tax year 2023.