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New tax agency – tread with care

Earlier this week there were talks on replacing Federal Board of Revenue (FBR), if not reforming the institution. Most experts are converging to the point that FBR in its current…

Document all sectors

In recent years, Pakistan has weathered a barrage of formidable challenges that have tested the nation’s resilience. The political landscape has been marred by unrest, creating ripples of instability across…

Anatomy of ‘Debt Management Strategy’

Pakistan’s persistent fiscal imbalance has cast a negative shadow on the overall economic scenario. Unless significant and enduring fiscal reforms are initiated and implemented with full vigour, the likelihood of…

Pakistan in deep debt trap

Pakistan’s precarious financial situation, persisting for the last many decades, has landed it into a deep debt trap where an overwhelming part of tax revenue is consumed in debt servicing…

Our Sad Realities

Our sad realities

On February 15, the FBR released the first-ever Tax Directory of the parliamentarians. In his covering letter, the Finance Minister confirmed that, while all members of the parliament had finally…