Making tax system functional
The primary function of a tax system is to raise revenue for the governments at various levels, in the case of Pakistan, federal and provincial, for their public expenditure as…
Making tax system functional
The primary function of a tax system is to raise revenue for the governments at various levels, in the case of Pakistan, federal and provincial, for their public expenditure as…
Cultivating integrity in a corrupt tax system and administration
Cultivating bonsai takes effort, the right tools, and time to limit the growth of what would be a massive tree so it will exist in a small container. Controlling corruption…
Rationalising tax System
Taxation, besides providing resources to governments to run their affairs, should serve as a catalyst for industrial expansion and economic growth. In Pakistan the ill-directed, illogical, regressive and unfair tax…
Fixing the ailing tax system
On February 22, 2019, the Government of Tehreek-i-Insaf (PTI) published two tax directories- 'Parliamentarians Tax Directory' and 'Tax Directory for the year ending 30 June 2017' (these have been tabulated…
How to transform indirect tax system
One of the biggest impediments towards achieving higher sustainable economic growth in Pakistan is the poor taxation system and abysmally low tax collections. Due to failure of successive governments to…
Fair and just tax system
There is a national consensus that the existing exploitative, outdated, regressive, ill-directed and unfair tax system is stifling economic growth and widening the rich- poor divide. It needs to be…
Budget 2014-15: Reforming sales tax system – II
During 2003-2007, one tax official used different techniques to issue illegal refunds in several cases without any check by any agency. It was found that the accused official during his…
Budget 2014-15: Reforming sales tax system – I
Taxation should serve as a catalyst for industrial expansion and economic growth. In Pakistan the ill-directed, illogical, regressive and unfair tax regulations are causing a dampening effect on the industrial…
Fixing the tax system
The finance minister has presented the federal budget for 2013-14. While containing several positive elements, such as a desire to reduce the fiscal deficit by 2.5 per cent of GDP,…
