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Tobacco taxes – treaties, tensions, and trends

Pakistan faces a pressing need for a sustainable tobacco taxation policy, particularly as tobacco use imposes severe health and economic burdens on the country. With over 160,000 deaths annually due…

Death and taxes

THE recently passed budget reveals three aspects about the present ruling regime. The first one is the external constraint of getting an IMF deal. It is clear that securing a new agreement, by any…

Got taxes? Post-budget survival guide

Are you feeling disgusted and enraged post-budget 2024? Because every salaried person in the country rightfully is. We have known for decades that there is a need to broaden the…

Taxes – and more taxes

As a wise man once said, the only thing certain in this world is death and taxes -- and if you happen to live in Pakistan, it is even more…

Regressive taxes, neglected reforms

Pakistan’s reliance on bilateral, trilateral, and friendly countries to fulfill its financial requirements not only undermines its sovereignty, but also intensifies the hardships of its citizens. Despite engaging in numerous…

Budget, taxes, revival & growth

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,…

Why do all roads lead to more taxes?

As a staff-level agreement between IMF (International Monetary Fund) and Pakistan following the ninth review of the IMF programme inches ever closer, the government recently announced the Supplementary Finance Bill,…