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Unverified SIMs

Unverified SIMs

The discovery of 5000 illegal SIMs in May 2014, held by just one apprehended terrorist in Karachi, came as a rude surprise to the otherwise highly informed Sindh Assembly. It…

Simmering Over SIMs

Simmering over SIMs

One ought to be intellectually challenged or suffering some kind of disorder to organise the mindless and wasteful record-breaking inanities that unfold around Lahore every other weekend. Making the largest…

FBR: Dwindling tax collection

Pakistan has one of the world’s lowest tax ratios, stemming from five main weaknesses: complexity, a narrow tax base, low compliance, inefficient tax administration, and low and declining provincial tax…

Determining fair income tax base

According to the latest data available on the website of Pakistan Telecommunication Authority (PTA), as on December 31, 2023, total number of SIMs issued was 189 million (78.93% mobile teledensity);…

Tax targets versus tax gap—I

“…the FBR’s revenue target has been increased to Rs 9,415 billion, requiring a 31% increase over collection of Rs 7,180 billion in the recently concluded financial year… The task seems…

How a bank was born

Pakistan has been passing through difficult times in its recent history. The polycrisis originating from political and economic uncertainties has engulfed the country and its people. To counter the commentators…

FBR: Dwindling tax collection Jan 06, 2023

Pakistan has one of the world’s lowest tax ratios, stemming from five main weaknesses: complexity, a narrow tax base, low compliance, inefficient tax administration, and low and declining provincial tax…

Ehsaas Rashan Riayat

Each year, Pakistan spends billions of rupees in untargeted federal and provincial subsidies across sectors. Much of these government transfers are subject to elite capture, subsidizing producers, corporations, and middlemen…