111 510 510 libonline@riphah.edu.pk Contact

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…

Twin Deficits

Twin deficits

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…

The Anatomy Of Trade Deficits

The anatomy of trade deficits

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…

Budget 2013-14: No will to tax the rich

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…

Pakistan’s Daunting Deficits

Pakistan’s daunting deficits

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…

Oppressive Taxes And Unabated Outflows

Oppressive taxes and unabated outflows

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…

Combating Untaxed Money

Combating untaxed money

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…