FBR decides to link hospitals, gyms, colleges with software system

ISLAMABAD: Taking a major step to curb tax evasion and document the economy, the government has made it mandatory for private schools, colleges, major hospitals, gyms and clubs to link with the Federal Board of Revenue (FBR) software system.

Various companies, elite clubs, health and education institutions, gyms and health clubs, personal care, health care institutions and slimming clinics will also be connected to this software.

According to the notification issued by the FBR, it has been decided to expand the tax net by installing software under online integration of business, with which various companies, elite clubs, health and educational institutions must be connected to the software system.

The notification states that gyms, clubs, health clubs, personal care, health care, slimming clinics will also be connected while Lahore Gymkhana, Islamabad Club, Chenab Club will also be connected to the software system, besides Royal Palm Lahore, Karachi Gymkhana and Polo Club are also included in this.

The FBR notification stated money changers, forex dealers and foreign companies have also been made bound by the software system, while all major hospitals, laboratories and private schools and colleges will also have the software installed.

The notification states that medical diagnostic laboratories, clinics and practitioners will also be bound by the new system.

According to the FBR, the notification for connecting the software system will be applicable from July 1, 2024.

FBR said that by installing the software, new companies and individuals will come into the tax net, point-of-sale systems, fiscal electronic devices and software will be connected to FBR, by installing the software  sales tax, income tax will be added ad evasion of withholding tax will be controlled.

According to the FBR notification, the company will have to provide the number of employees and other information to the FBR, the license for the software will be provided by a committee appointed by the FBR.

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The FBR said that non-AC hotels and motels with an area of ​​less than 45 square feet will not be applicable, and non-AC small restaurants will also not be able to install the software system.