Growth in FBR Revenues
The outcome in terms of the level and growth of revenues collected by FBR up to October has been made public recently. Apparently, during the first four months of the…
Fall in revenues
The unprecedented has happened. National revenues, tax plus non-tax, of the Federal and provincial governments combined have actually fallen. They stand at Rs 2335 billion in the first six months…
Outlook for FBR Revenues
The revised budget for 2018-19 presented by the new government has brought down somewhat the FBR revenue target for the year from Rs 4435 billion to Rs 4398 billion. This…
Slow growth in FBR revenues
FBR put in a stellar performance in 2015-16. The target for the year was more than achieved. The growth rate was over 20%, the highest since 2011-12. In one year,…
Taxes and revenues
Last week I wrote about a proposal floated by some researchers connected with the World Bank and a few other donor agencies to begin relying more on turnover taxes instead…
Stalled revenues erode shine from Europe’s profits
Signs that European companies are failing to grow revenues in a frustratingly slow economic recovery are muting investors' relief that cost-cutting and cheap debt have at last delivered a rebound…
Federal tax revenues – receipt side
There is a need for a national anti-smuggling drive with political consensus for people to discourage and disassociate from purchase, sale and trade in smuggled goods. The ultimate solution for…
Oil price hike
Petroleum prices have been increased; petrol is costing Rs 305.34 per Liter and diesel Rs 311.84. It is an increase of 5.17 percent in the price of petrol and 6.48…
The missing ingredients in Pakistan
Since the 18thCentury, one country after another has experienced what Harvard economist Rostow called a “take off into sustained growth”. Rostow stated that, every once in a while, something happens…
Rating agencies and Pakistan’s response
There are three major international credit rating agencies providing investors information about bond and debt instruments and sovereign debt - Fitch, Moody’s Investor Services and Standard and Poor - which…
