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…
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…
Long-touted changes to China’s tax system will focus on allowing local governments to retain more fiscal revenues, say policy advisers, widely seen by markets as an important step towards removing…
Private banks and advisers to Britain’s super-rich say some clients may quit the country if Labour wins next month’s general election and pushes ahead with plans to abolish tax protections…
Focus on growth, not taxes. Vietnam's standard corporate tax rate is 20 per cent and preferential tax rates are as low as 10 per cent, depending on factors like investment…
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,…
‘The impact of economic growth on the lives of people is partly a matter of income distribution, but it also depends greatly on the use that is made of the…
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…
Economists of the 20th century believe that a thriving industrial sector is crucial to the development of a modern economy. In 2010, Cambridge economist Ha-Joon Chang observed that development without…
Reportedly, the IMF expects FBR tax revenues to grow by over 30 percent in the upcoming fiscal year (FY25). However, achieving such growth is simply impossible without broadening the tax…
