ISLAMABAD: Advisor to Prime Minister on Finance and Revenue Shaukat Tarin on Tuesday said that Federal Board of Revenue (FBR) and NADRA are working on broadening the tax base through the use of modern technology.

Finance Advisor, while addressing launch ceremony of the Federal Bureau of Investigation s Track and Trace System, said that around fifteen million people have been identified, who can be brought to the tax net.

He added that the FBR’s Trace and Track System will ensure electronic monitoring of the production and sale of important sectors including tobacco, fertilizer, sugar and cement sectors.

This will help bring transparency in the system and enhance the country’s revenue.

Under the system, no production bag of sugar will be taken out from the factory and manufacturing plant without stamp and individual identity mark.

Read more: ‘Taxes vital for economic stability’: PM Imran launches FBR’s track & trace system

Earlier, Prime Minister Imran Khan had launched “first-ever” Track and Trace System (TTS) introduced by the Federal Bureau of Revenue (FBR) for sugar sector, highlighting that taxes were vital for country’s economic stability.

“Our biggest problem is that we don’t have enough money to run our country due to which we have to borrow loans,” the prime minister said while addressing the inaugural ceremony in Islamabad.

The Prime Minister stressed the need for promoting and strengthening tax culture in the country by assuring people that their taxes would be spent for welfare of their children instead of luxuries of rulers.