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Need for new income tax law – I

When the then government of General Pervez Musharraf decided to promulgate a new income tax law in 2000, many opposed it strongly. The main objection was that his regime had…

Agricultural Pricing Policy

Agricultural pricing policy

Commodity prices have been falling, led by the precipitous collapse globally in the price of oil from a peak of $120 per barrel to a low of below $40. Oil…

Tax On Farm Income

Tax on farm income

Although Pakistan has a combined federal and provincial tax-to-GDP ratio of less than 10pc, the income of one segment farmers seems to escape taxation. This causes anger among regular taxpayers,…

The education crisis

The Prime Minister has rightly lamented recently on the lack of access to education of children generally and especially from poor families or those resident in the backward areas of…

No room to manoeuvre

Even though the prospects of stable governance are far and bleak, the government must keep running and soon there will be chatter surrounding the budget. He who sits on the…