FBR: Dwindling tax collection Jan 06, 2023
Pakistan has one of the world’s lowest tax ratios, stemming from five main weaknesses: complexity, a narrow tax base, low compliance, inefficient tax administration, and low and declining provincial tax…
FBR: dismal income tax collection
The continuously declining dismal share of income tax in overall tax collection during the last many years testifies to the lack of judicious balance between direct and indirect taxes, resulting…
Pathetic direct tax collection
The dismal share of income tax in overall collection of taxes during the last many decades testifies to the lack of judicious balance between direct and indirect taxes, resulting in…
Optimizing tax Collection
"If we realise that the FBR cannot be fixed, we will create a new FBR. This is because Pakistan's survival is linked to it. It's not about our liking or…
Optimizing tax collection
The governments, both federal and provincial, have shown a lukewarm attitude towards optimizing tax collection. Reliance on easily-collectable indirect taxes with weak enforcement, reluctance to tax the rich and mighty,…
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…
Optimising tax collection
I recently found my attention caught by an arresting headline: ‘TI Pakistan claims Rs2,000 billion shortfall in collection by FBR’. The story went on to state that, according to a…
Overstating tax collection
Dr Shoaib Suddle, the federal tax ombudsman (FTO) has taken suo motu notice against the attempt to overstate tax collection number for the year 2010-11 by the Federal Board of…
Tax collection
The Federal Board of Revenue (FBR) - under tremendous pressure to generate "extra revenue" - is resorting to all kinds of oppressive measures to achieve a meagre revenue target of…
Wealth generation and tax collection
Since childhood we have been listening to the mantra: "presently Pakistan is passing through a dangerous and the sensitive-most period of its history." This story never comes to an end…
