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A ‘solution’ out of the box

Presiding over a meeting of the Economic think tank early this week, Prime Minister Imran Khan called for ‘out of the box solutions’ to position the country’s economic growth, hit…

Historic collection by FBR

The Federal Board of Revenue (FBR) has surpassed the third-time revised target of fiscal year (FY) 2020-2021 and for the first time crossed the mark of over Rs 4 trillion…

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,…

Restructuring the tax system — II

The PTI Government showed lack of political will to reduce exemptions, concessions, waivers and immunities to the State Oligarchy. Total tax expenditure was of Rs. 1.5 trillion in the just…