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More Growth, More Taxes – II

More growth, more taxes – II

Distributive justice: Distributive justice or economic justice is an important function of tax policy. Economic justice relates largely to distribution of tax burden and benefits of public expenditure. It is…

More Growth, More Taxes

More growth, more taxes

Every year before the announcement of annual federal budget-which has become an official ritual-plethora of tax proposals are received by the Federal Board of Revenue (FBR) from trade and professional…

Our Private Sector

Our private sector

Budget cuts and sequestration have accelerated the growing interest in promoting international development through the private sector. As donor agencies reduce project spending and work within shorter time frames, they…

Fixing A Battered Society

Fixing a battered society

The parlous state of official finances is the result of successive governments’ unfettered extravagance and failure to mobilise adequate tax revenues. They have lived it up by mortgaging the future,…

More On The IMF Report

More on the IMF report

Last week (April 1) I wrote about the IMF report and highlighted some aspects of it – in particular the contradictory statements, double speak, use of unpleasant language, and showing…

Reforming The HEC

Reforming the HEC

It is disturbing that the deputy chairman of the Planning Commission cannot find a single suitable person for the position of chief economist. It is even more disturbing that the…

Taxation Woes

Taxation woes

Irrespective of the PML-N pledges contained in its election manifesto still displayed on its website and subsequent claims of adherence to the manifesto by Ishaq Dar after he took over…

‘Tax Justice Agenda’

‘Tax Justice Agenda’

The extending of extraordinary tax-free benefits to the powerful classes, failure to tap actual tax potential, indulgence in wasteful expenditure and funding of inefficient public sector enterprises are continuously pushing…

Ramshackle Policies And Compromises

Ramshackle policies and compromises

Why is Pakistan under siege? If this siege is to be done away with what is likely to be the outcome for the population. Has the political system any role…