Budget: rationalise taxation
On the eve of another ritual exercise of announcing federal budget, official date has yet to be finalised, expected on June 12, 2024, there is a need to re-evaluate tax…
Budget & tax policy
‘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…
Tax expenditure as subsidy to elites: myth or reality?
In the last ten or so years, economic issues and tax collection by FBR has been brought increasingly under focus. Matters that were previously discussed in economic and policy circles…
Path to prosperity: budget priorities
The recently announced budget for the fiscal year 2023-2024 in Pakistan has sparked discussions among experts and stakeholders. The MacroPolicy Lab at PIDE organized a Twitter space discussion to analyze…
IMF, Constitution & tax codes
“The International Monetary Fund (IMF) on Monday urged Pakistan to follow the Constitution in order to resolve its political disputes, as Prime Minister Shehbaz Sharif contacted Managing Director Kristalina Georgieva…
Paradigm shift in tax policy
‘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…
To survive and prosper
That Pakistan is in a profound economic and political crisis is no longer in dispute. Most observers and economists are united in that opinion. What to do about it is…
Fixing the taxation system – Part IV
Among many compelling reasons for further devolution to the third tier is that citizens in a local jurisdiction are found to pay more taxes as they see that these are…
Taxing foreign rental income
Investment in foreign properties by a specific section of society in Pakistan has been a pretty common phenomenon, especially in countries like the UAE, UK and so on. Naturally, the…
A consensus on the economy
Endorsing the previous government’s relief package by turning down the summary of the Oil and Gas Regulatory Authority (Ogra) for an increase in prices, Prime Minister Shahbaz Sharif has decided…
