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Federal Excise Duty

Federal Excise Duty

The money invested in the police as compared to the military is much less and thus there are fewer impressive results: Ayesha Siddiqa. –AFP Photo President Asif Zardari announced his…

Growth in federal tax revenues

The Federal Board of Revenue (FBR) has released recently the Revenue Division Year Book for 2022-23. This is a very useful publication and highlights the trends in the level and…

Administrative federalism

The term ‘federalism’, according to Encyclopedia Britannica, refers to an arrangement among various levels of government for the implementation of policies through negotiations and coordination while still maintaining central integrity.…

Growth in federal tax revenues

Federal tax revenues consist primarily of FBR revenues. In addition, they include other taxes like the gas infrastructure development cess, natural gas development surcharge and the petroleum levy. The share…

A fragile federal budget — II

We now carry out an appraisal of the measures in the budget, starting with the enumeration of the key initiatives proposed to push the economy onto a higher growth path…

A fragile federal budget — I

The Budget for 2021-22 has been presented and awaits parliamentary approval. This article is in two parts and analyzes the budgetary proposals, estimates of revenues, expenditures, overall budget deficits, and…