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Tax Proposals – II

Tax proposals – II

Initial developmental efforts are generally marked by inflationary tendencies in an economy. Inflation, if uncontrolled, may thwart all development plans and bring misery to the poor. A reasonable degree of…

Tax Proposals – II

Tax proposals – II

Initial developmental efforts are generally marked by inflationary tendencies in an economy. Inflation, if uncontrolled, may thwart all development plans and bring misery to the poor. A reasonable degree of…

Some Sharif Memories

Some Sharif memories

Of all political journeys Pakistan has witnessed, Mian Mohammad Nawaz Sharif`s must ranlc among the most remarkable. Sharif was 29 when his family-owned industrial empire, nationalised by ousted leader Z.A.…

Revenue Targets For 2013-14

Revenue targets for 2013-14

According to Press reports, the Federal Board of Revenue (FBR) is not going to collect even Rs 2000 billion against the target of Rs 2381 billion fixed in budget 2012-13,…

Some Sharif Memories

Some Sharif memories

OF all political journeys Pakistan has witnessed, Mian Mohammad Nawaz Sharif`s must ranlc among the most remarkable. Sharif was 29 when his family-owned industrial empire, nationalised by ousted leader Z.A.…

Tax Proposals – I

Tax proposals – I

On June 5, 2013, we will have a new government in action - faced with multifaceted and complicated problems on economic front. It's immediate task of framing budget for fiscal…

Predatory Elites

Predatory elites

Pakistan is ruled and controlled by predatory elites in whose hands power and wealth are concentrated. The ruling elites - comprising indomitable military-civil-judicial complex, unscrupulous politicians, mighty religious party leaders,…

Punctured Tax Base

Punctured tax base

The Chairman of Federal Board of Revenue (FBR), while talking to Associated Press of Pakistan on 17th February 2012, conceded that "Pakistan has one of the lowest tax-to-GDP ratios in…

Crumbling Tax System

Crumbling tax system

Taxes play a vital role for establishing an egalitarian society, the true fruit of social democracy. Under a representative and responsible government, citizens are taxed according to their ability (at…

Rent-seeking And Governance

Rent-seeking and governance

There is no denying the penetration of rent-seeking in the country. It is reflected in multiple forms and manifestations. The elite ie landlords, industrialists, top civil and military bureaucracy are…