KARACHI: The Federal Board of Revenue (FBR) has announced changes to its password policy, aiming to enhance the security of users' credentials.

Under the new policy, users will be required to change their passwords every 60 days to maintain maximum security. After this period, passwords will automatically expire, and users will need to reset them using the "forgot password" feature. Additionally, the registration process will now require users to provide a mobile contact number and email address.

If users forget their login details, the recovery process will be more complex, potentially creating additional challenges for those without access to this information. In a separate development, the FBR has launched an advanced Stock Register system via the Information Center 2.0 platform. This new system offers tax officers real-time access to detailed data on registered persons, helping to improve transparency and ensure compliance with Income Tax (IT) and Sales Tax (ST) regulations. The launch of this system aligns with FBR's broader digitalization initiatives aimed at improving tax administration and boosting revenue collection. The system serves as an advanced management information and reporting tool, enabling tax officers to access detailed stock data for accurate tax assessments while minimizing the risk of tax evasion. It centralizes taxpayer profiles, offering insights into IT and ST filing histories, as well as authorized representative profiles. The system also integrates tax comparisons and declarations, providing comprehensive oversight and further strengthening the enforcement of tax compliance.