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);…
Avant-garde budget proposals – II: Fixing the narrow and punctured tax base
Tax revenue may change through automatic response of the tax yield to changes in national income and/or through the imposition of new taxes, revision of the bases and/or the rates…
Tax base – an analysis
The above slogan "Expansion of Tax Base" is considered as solution for the economy of Pakistan - Analysis. Pakistan is facing fiscal deficit from year to year as the revenue…
Fallacies about tax base
The prevailing myth that our tax base is narrow and only 1% of the population pays income tax is totally baseless-the distinction between 'filers' and 'payers' is ignored, even by…
Broadening the tax base
Confronted with country's pathetic 55 percent of undocumented business and 0.5 percent of population filing tax returns the government plans to launch first countrywide tax survey in 15 years to…
Punctured tax base
The Chairman of Federal Board of Revenue (FBR), while talking to Associated Press of Pakistan on 17th February 2012, conceded that "Pakistan has one of the lowest tax-to-GDP ratios in…
The tax base
The persistent failure of our tax collectors to tap actual tax potential - estimated not less than Rs 8 trillion - has created a situation where the very economic survival…
Our ‘narrow’ tax base
It is an established fact that, despite its resorting to all kinds of highhandedness, data manipulation, harsh tax policies and unjust withholding taxes, the FBR has failed to improve the…
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,…
Questionable ordinances, flawed taxation bases
The President finally did what he was avoiding - impose taxes via ordinances although the parliament exists with acclaims to representing the taxpayers; he did so because he sensed that…
