Tax collections – same o same o!
Tax collections, so maintains the Federal Minister for Finance Ishaq Dar, have improved significantly and he cited a healthy growth rate of around 13 percent in one of his recent…
The right way to tax
Pakistan’s tax debate often overlooks a simple truth: most individuals do not evade taxes – they are trapped in a confused and inconsistent system. The Federal Board of Revenue (FBR)…
The taxation system needs reform
Our system today is in moral bankruptcy. Our tax system has become a tool of harassment for the weak, a shield for the elite and a mechanism of existence for…
Modi dangles tax cuts as US tariffs loom
Indian Prime Minister Narendra Modi’s push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful…
Pakistan’s flawed tax structure
Donor agencies have been clamouring for reforms in Pakistan’s unfair, inequitable and anomalous tax structure but to date to no avail. Ideally, the onus of tax revenue must shift away…
Tax Laws (Amendment) Ordinance, 2025: Ill-advised, confiscatory & undemocratic
The President of Pakistan issued Tax Laws (Amendment) Ordinance, 2025, published in The Gazette of Pakistan on May 2, 2025, made effective at once. Presidential Ordinance No. IV of 2025…
Improving national tax culture
The International Monetary Fund has agreed to lower Pakistan’s tax collection target for the ongoing fiscal year from Rs 12.97 trillion to Rs 12.35 trillion, a move that highlights the…
Tax-fueled chaos
The government of Pakistan is in the business of buying and selling electricity. It has so far lost Rs2.4 trillion in this business. The government of Pakistan is in the…
AI-led taxation
It was famously said by Benjamin Franklin, “In this world, nothing is certain except death and taxes”. Perhaps Benjamin was unaware of the lagging efficient administration, shallow policy orchestrations, and…
Unholy taxation
As Prime Minister Shehbaz Sharif’s government races to meet its promises to the IMF for revenue collection, Islamabad’s power corridors are buzzing with novel ideas to meet that goal. In…
