KARACHI: The Federal Board of Revenue (FBR) has recently updated its password policy to enhance security measures for users. The new policy requires users to change their passwords every 60 days to maintain optimal security.

After this period, passwords will automatically expire, and users must use the “forgot password” feature to reset it.

In addition, the registration process will now require users to provide their mobile contact number and email address, making it more challenging for individuals who have lost their credentials.

In a separate development, FBR has launched an advanced Stock Register system through the Information Center 2.0 platform. This system will enable officers to access detailed, real-time data on registered individuals, promoting transparency and compliance with Income Tax (IT) and Sales Tax (ST) regulations.

The new system was introduced under the guidance of the FBR Chairman, as part of the board’s ongoing digitalization efforts aimed at improving tax administration and increasing revenue collection.

It functions as an advanced reporting and management tool, allowing tax officers to securely access stock data, aiding in accurate tax assessments and reducing the risk of tax evasion.

The system centralizes taxpayer profiles, offering a complete view of IT and ST filing histories, declarations, and authorized representatives, further enhancing oversight and compliance.

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