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‘PTI govt’ & tax reforms

The newly-formed coalition government of Tehreek-i-Insaf (PTI) has to address daunting challenges on many fronts, e.g. achieving political stability by working with strong Opposition, uprooting terrorism, improving law and order…

100-day tax reforms agenda

The administrative burden of tax compliance is hardest in Pakistan where firms have to make 47 payments and spend 594 hours (or 74 man days per year) dealing with tax…

Wither tax reforms?

Does the government of Pakistan Tehreek-i-Insaf (PTI) still desire to bring about fundamental tax reforms that were promised in its 'First 100-Day Agenda'? Many say it is no more possible…

Foreign-funded tax reforms

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,…

Flawed tax reforms agenda — II

In fiscal year 2018-19, total payment, as per budget documents, on account of debt servicing, was Rs 1,987 billion against the budgeted figure of Rs 1,620 billion. Allocation for the…

Flawed tax reforms agenda – I

Prime Minister Imran Khan's address to the top officials of Federal Board of Revenue (FBR) on November 13, 2019 showed that his three-year-long tax reforms plan, approved on October 3,…

Wither tax reforms?

Does the government of Pakistan Tehreek-i-Insaf (PTI) still desire to bring about fundamental tax reforms that were promised in its 'First 100-Day Agenda'? Many say it is no more possible…

Tax reforms with borrowed funds!

According to a report, the government of Pakistan Tehreek-e-Insaf (PTI) "is seeking $400 million or Rs56 billion loan from the World Bank (WB) for a risky venture of fixing the…

Tax Reforms

Tax reforms

One year ago, President Trump signed the Tax Cuts and Jobs Act into law, promising a “bill for the middle class and a bill for jobs” that would be “a…