The right incentives
Nowadays, sitting down to write a column, the beginning inevitably is a prayer that by the time it gets published we have won the Virus Wars; a developing country like…
Wanted: fiscal incentives for digitization
The world is moving towards a cashless economy whereas cash-based transactions are rampant in Pakistan. Ratio of currency in circulation to bank deposits has always been high in the country…
Tax incentives for NRPs — II
FBR keeps drafts of proposed laws/amendments “secret”, never making them public and commits blunders when the same are promulgated as Ordinances by President of Pakistan and even passed by National…
Elite farmers capture incentives
Agriculture contributes 24 percent to Pakistan’s Gross Domestic Product (GDP) - directly, as well as indirectly through providing raw material to industry, notably textiles and sugar - two major large…
To encourage vaccinations, more US firms turn to incentives – and threats
In the wake of full US approval for the Pfizer/BioNTech anti-Covid vaccine this week, more and more American companies are looking at mandatory vaccinations for employees - and customers. CVS…
Tax incentives for NRPs — I
The coalition government of Pakistan Tehreek-i-Insaf (PTI) on February 11, 2021 opted to issue second Presidential Ordinance VI of 2021 [Tax Laws (Amendment) Ordinance, 2021] inserting new provisions and amending…
Construction incentives
A lacklustre economic performance and Covid-19 were compelling factors to announce a special incentive package for the construction sector by the prime minister on April 3, 2020. Promotion of construction…
Wrong incentives
Money may motivate individuals to perform more and better but not always and not everywhere. At times it may be doing quite the opposite of what it is intended for…
Cycle of perverse incentives
The greatest challenge Pakistan faces today is not its tax-to-GDP ratio, or fiscal deficit, or corruption, or any of other semantics we loosely throw around. These are just fires that…
Incentives to govern
WHAT is Imran’s incentive to deliver? As the contrived, self-imposed 100-day milestone has arrived, there have been questions de rigueur. How has Imran done? What has Imran learned about his…
