In recent years the word “narratives’ and the phrase “narrative building” have come to occupy a prominent place in political, social and strategic discourses. Narrative was previously a concept confined…
Turns out that there’s a Salaried Class Alliance (SCA), based in Karachi, which describes itself as a “non-political, non-religious, non-ethnic, non-profit organisation that aims to create awareness among the salaried…
Former member of parliament of the United Kingdom William Cobbett is famously known to have stated: “Nothing is so well calculated to produce a death-like torpor in the country as…
Taxation is the lifeblood of any country's economic system – as the primary source of government revenue for public services, infrastructure, and social welfare. Taxation in Pakistan dates back to…
The State should not collect advance taxes from those who are not chargeable to tax. Provisions like section 236 of the Income Tax Ordinance, 2001 along with many other similar…
The State should not collect advance taxes from those who are not chargeable to tax. Provisions like section 236 of the Income Tax Ordinance, 2001 along with many other similar…
“…the FBR’s revenue target has been increased to Rs 9,415 billion, requiring a 31% increase over collection of Rs 7,180 billion in the recently concluded financial year… The task seems…
“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…
This is not the first time that there is a proposal to tax undistributed reserves of a company. Such imposition has been attempted at least twice before under sections 12(9A)…
Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are identified as growth-oriented reforms. To the extent that they reduce distortions to economic decisions on work,…
