Adil Khan 11 months ago
AdiKhanOfficial #FYP Ideas

Automatic Income Tax Filing

Federal Board of Revenue (FBR) mission is  to Enhance the capability of the tax system to collect due taxes through application of modern techniques, providing taxpayer assistance and by creating a motivated, satisfied, dedicated and professional workforce. Although the existing system to

Project Title

Automatic Income Tax Filing

Project Area of Specialization

Artificial Intelligence

Project Summary

Federal Board of Revenue (FBR) mission is  to Enhance the capability of the tax system to collect due taxes through application of modern techniques, providing taxpayer assistance and by creating a motivated, satisfied, dedicated and professional workforce. Although the existing system to become filer and for tax return is online however it is very much complicated and very difficult to fill by a common man. Due to this reason government is unable to meet the targets every year. To solve this issue we are proposing a project "Automatic Income Tax Filing" which enhances the existing online system by providing ease to the filers. In the first phase we are focusing only on the income tax return. After registration/login to FBR, in the income tax module, lots of forms appears and every form has a unique code like 114,116 etc. Filer cannot understand which form to open. Each form has lot of fields and codes which is difficult to understand. Filers don’t know that how to calculate taxes, reductions etc. We provide user friendly graphical interface on web and android as well, which overcome the difficulties in filing their returns. We will provide a proper guidance to user about filing the returns. Our system checks all the requirements thats are needed to file returns using Artificial Intelligence self defined algorithm. At the end before submission of their file, we optionally provide them a verification option if required, by our team of experts. As we know that, this process is done once in a year and it is difficult for filers as well as experts that they should need to remember thier passwords. To overcome this problem we use andriod device for biometric verification of their important data. By using this device we can give easy ,fast and secure access to their data. In case if they don't remeber their password then they can use biometric verification for login into thier accounts. Our system use a scanner which helps user to insert data by scanning of the documents and extract required data from documents using Artificial Intelligence Alogorithm rather than entering data by hand. Actually by undertaking that project we can increase the number of tax payers as compared to current system because people don’t know the specific terms/codes of accounts/finance and for that purpose they must have to consult to some person and also pay some money, for the fulfilment of this task. So when their transactions will be done at ease and free of cost, it will ultimately result in increase the number of tax payers. The revenue and the economy of the PAKISTAN’s government will also increases.

Project Objectives

Following are the objectives of our project

  • Overcome the problem of filing salaried person’s income tax returns
  • Number of Active tax payers will increase
  • Process of filing will be done free of cost
  • Provide user friendly interfaces to get user's data on web as well as on android
  • All  required calculations will be  performed automatically
  • Provides customized guide to understand  terms/codes of filing
  • Revenue of Pakistan will increase
  • Economy of Pakistan will also increase
  • No need of third party to file returns
  • To provide free of cost verification by experts
  • Filers  will get notification of their start and end date  of submission of file
  • Send auto receipts to filers in their mail box
  • Secured Data using biometric verification
  • Data input through scanner
  • Data validation through algorithm

Project Implementation Method

  • Web Aplication in ASP. NET
  • Andriod Application In Andriod Studio
  • FingerPrint  Configuration with Application
  • Scanner Configuration with Application
  • Atificial Intelligence Data Validation Algorithm Designing
  • Artificial Intelligence Data Extracter Algoritm Designing 
  • Data Validation Algorithm Configuration With Application
  • Data Extracter Algorithm Configuration with Scanner And Application

Benefits of the Project

  • Economy of pakistan will increase.
  • The process of filing will be done free of cost.
  • Number of Tax payers will increase.

Technical Details of Final Deliverable

Web Application

A web Application Is develop Using Asp. Net Framework which will get data from User And Autimatically file their file to FBR. Also extract data from connected scanner which scan the docuemnts and system will extract data from document.

Andriod Application

In andriod Application, we provide Biometric Verification to access your Account, so you dont have need to Remember your Password.

Final Deliverable of the Project

HW/SW integrated system

Type of Industry

IT , Finance

Technologies

Artificial Intelligence(AI), Others

Sustainable Development Goals

Decent Work and Economic Growth

Required Resources

Item Name Type No. of Units Per Unit Cost (in Rs) Total (in Rs)
Scanner with OCR Equipment14000040000
Biometric verification based mobile device Equipment13000030000
Miscellaneous (Hosting+Domain) Miscellaneous 11000010000
Total in (Rs) 80000
If you need this project, please contact me on contact@adikhanofficial.com
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