111 510 510 libonline@riphah.edu.pk Contact

Federation, taxes & distribution — I

On April 27, 2020, the 9th National Finance Commission (NFC), like 8th NFC, remained fruitless as the federation and its units failed to reach a consensus for distribution of fiscal…

Simplification of taxes for growth — III

In this concluding part, we are highlighting various proposals already given to the government of Pakistan Tehreek-i-Insaf (PTI) and some new ideas for restructuring tax administration on national level. Additionally,…

Domestic revenues

Domestic Resource Mobilisation (DRM) is the cornerstone of taming debt growth, providing governments with adequate funds for development and delivering public services. Weak administrative capacity, low tax morale and compliance,…

Napkin and taxes

"If you tax a product less results/If you subsidize a product more results./We've been taxing work, output and income and subsidizing non-work, leisure and unemployment./The consequences are obvious!" the text…

Taxes: who actually pays

Let's kill the suspense immediately. Essentially, as evidenced from IMF's intervention in every country they have historically "assisted", even they, the IMF, believe that higher taxes on higher income groups…

Local govts & taxes

In Pakistan, the poor are subjected to heavy and oppressive taxes, whereas the members of militro-judicial-civil complex, absentee landowners and businessmen-turned-politicians enjoy numerous tax breaks, unprecedented perks and perquisites, benefits,…

Taxes For Growth – I

Taxes for growth – I

One of the main tools of tax policy is to increase the level of savings and capital formation in the private sector partly for borrowing by the government and partly…

Broad Base, Low Rate Taxes

Broad base, low rate taxes

Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are identified as growth-oriented reforms. To the extent that they reduce distortions to economic decisions on work,…

Of Taxes, Taxmen, And Tax Havens

Of taxes, taxmen, and tax havens

In these columns we foray into various aspects of the Economy. Generally, we find ourselves applauding the way structural reforms elude us, despite the several World Bank loans and IMF…