Tax reforms with borrowed funds!
According to a report, the government of Pakistan Tehreek-e-Insaf (PTI) "is seeking $400 million or Rs56 billion loan from the World Bank (WB) for a risky venture of fixing the…
According to a report, the government of Pakistan Tehreek-e-Insaf (PTI) "is seeking $400 million or Rs56 billion loan from the World Bank (WB) for a risky venture of fixing the…
The Panama Papers-related disclosures came out in April 2016. For the past 17 months, all that we did was Panama. And Panama has become an intra-elite conflict. All we talk…
A new regime for Pakistan Assets owned by non-resident companies Redefining Pakistan Source Income for Alienation of Assets held by Non-Resident Companies Newly inserted Section 101A has effectively prescribed a…
Cut taxes to boost growth: Long before Donald Trump became president, Kansas conducted a real-world experiment with this formula in the hopes of reviving its economy. But today the Midwestern…
In the first 10 months of the outgoing financial year (FY 2017), a $19.93 billion trade deficit was registered on account of exports worth $17.91 billion and imports that amount…
For a tax change, the structure and financing are critical in order to achieve growth. Low tax rates usually encourage individuals to work, save, and invest, but where the tax…
By just tinkering with tax rates here and there and imposing or enhancing regressive taxes - fixing revenue collection target at Rs 2598 billion for fiscal year 2013-14 - the…
Problems in the short term that affect day-to-day life are quite naturally given centre stage by both policymakers and the government’s critics. How much fiscal deficit is real, how much…
In Budget 2014-15, the Federal Board of Revenue (FBR) was assigned target of Rs 2810 billion, which is now reduced to Rs 2691 billion despite levying 22% sales tax on…
On this Independence Day, the nation must unite and force the rulers for crack down on tax evaders. Our rulers and tax officials, corrupt and inefficient, go after small fry…