Reference two-part series (FBR’s statistics: a critical analysis—I, Business Recorder, September 25, 2020 and FBR’s statistics: a critical analysis—II, Business Recorder, September 25, 2020, this article presents statistical analysis of…
The province- and region-wise collection is in percentage without mentioning from which sum these percentages have been worked out. The percentages are as under: Punjab 35%, Sindh 45%, Balochistan 2%,…
The biggest challenge on tax mobilisation front faced by Federal Board of Revenue (FBR) is bridging monstrous tax gap through automation and introduction of tax intelligence system and not levying…
The government of Pakistan Tehreek-i-Insaf (PTI) has been reminded in these columns time and again that no agenda for simplification of tax system and rationalisation of tax codes can improve…
Failure of the coalition of Pakistan Tehreek-i-Insaf (PTI) vis-à-vis economic governance, changing four finance ministers and five chairpersons of Federal Board of Revenue (FBR) during its tenure since August 2018…
The budget for fiscal year 2019-20, the first of Government of Pakistan Tehreek-i-Insaf (PTI), is expected on May 24, 2019. Every year before the announcement of annual federal budget-which has…
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…
The Federal Board of Revenue (FBR) has achieved a historic milestone of collecting taxes of Rs 4.17 trillion in the first 11 months of the current fiscal year, for which…
In this concluding part, we are highlighting various proposals already given to the government of Pakistan Tehreek-i-Insaf (PTI) and some new ideas for restructuring tax administration on national level. Additionally,…
"If you tax a product less results/If you subsidize a product more results./We've been taxing work, output and income and subsidizing non-work, leisure and unemployment./The consequences are obvious!" the text…
