Flawed tax reforms agenda – I
Prime Minister Imran Khan's address to the top officials of Federal Board of Revenue (FBR) on November 13, 2019 showed that his three-year-long tax reforms plan, approved on October 3,…
Prime Minister Imran Khan's address to the top officials of Federal Board of Revenue (FBR) on November 13, 2019 showed that his three-year-long tax reforms plan, approved on October 3,…
RECENTLY, Lahore was left heartbroken when a young person died after jumping off the roof of a high-rise campus building. Sadly, this was not an isolated event. This case and…
In this article, we are presenting some fundamental institutional/structural reforms in tax system prior to announcement of budget 2019-20. For the last many decades, the main emphasis of every budget…
Pakistan is a strange country where custodians of the system act as complainants. Those who head state institutions, instead of reforming the same, complain and express helplessness about their malfunctioning,…
Education is considered to be an important condition for development. The gaps between developed and developing countries are attributed to the gaps of knowledge (World Bank Report, 1998-99). Given the…
All efforts in the name of tax reforms undertaken in Pakistan till today have miserably failed. These were nothing but mere patchworks here and there. Restructuring and redesigning of tax…
Pakistan’s oil and gas sector is searing through inefficiencies and losses. The ever-increasing transmission and distribution losses of both the Sui companies have put the sitting government in a fix.…
A key objective of the Poverty Reduction Strategy Paper (PRSP) was to reduce poverty, as measured by income or through other proxies of welfare. Even though, for the greater part…
In our series on economic reforms we discussed the outcomes achieved under the Poverty Reduction Strategy Paper (PRSP), 2001. As mentioned earlier, the PRSP was a comprehensive statement of economic…
Returning to our series on economic reforms, we turn to the subject of taxation that lies at the core of our economic malaise. As in previous articles in the same…