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…
Fixing taxation
AN essential component of any progressing economy is the taxation system. However, Pakistan’s tax regime is grappling with issues often faced by developing economies: low compliance, inefficiencies, and a narrow…
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…
Taxation in Pakistan: taxing the untaxed elites
Chris Matthews’s famous quote “Paying tax is not a punishment. It’s a responsibility”. Most developed countries with a simple and efficient tax system enjoyed higher GDP growth, investment and employment…
Equitable taxation: a precondition for meaningful economic reform
Negotiations with the IMF on the next programme are ongoing, with budget formation being an integral part of the discussions. The government is requesting a full allocation of $7.6 billion,…
Budget: rationalise taxation
On the eve of another ritual exercise of announcing federal budget, official date has yet to be finalised, expected on June 12, 2024, there is a need to re-evaluate tax…
Low taxation of property
The recent revelation of massive investment in property by Pakistanis in Dubai of over $11 billion has not only raised issues of the exit of capital from Pakistan but also…
Transparency, taxation & reforms
Macroeconomic conditions have improved over the course of the program. Growth of 2 percent is expected in FY24 given continued recovery in the second half of the fiscal year. The…
Myths about taxation
Do our esteemed finance minister, prime minister, policymakers at the Federal Board of Revenue (FBR), and economic managers know why the tax-to-GDP ratio is significantly higher in developed countries compared…
Equitable taxation
The concept of taxation has deep historical roots, dating back to the governance of Greek city-states, where elected governments were entrusted with managing the welfare of citizens. The Greeks utilized…
