Conventional economic theory argues that pursuit of privatisation is to enhance service quality, attract private investment, reduce government intervention and improve accountability and transparency in the management of public assets.…
Attaining national unity remains a distant dream in Pakistan. Politically speaking, the nation is deeply polarized – a situation that urgently needs to be rectified to ensure stability and progress.…
It was famously said by Benjamin Franklin, “In this world, nothing is certain except death and taxes”. Perhaps Benjamin was unaware of the lagging efficient administration, shallow policy orchestrations, and…
THE new year starts with the country facing multiple challenges that need to be met in a politically calm environment. The complex nature of overlapping challenges and the fact that…
Pakistan’s economic stability hinges significantly on its ability to curb tax evasion and illicit trade. One of the initiatives in this regard is the Federal Board of Revenue’s (FBR’s) Track…
This is the second of a two-part series detailing the 2020 National Security Policy’s (NSP) ill-advised focus on economic diplomacy – ill-advised as the world moves from unipolarity to multipolairty.…
The tax on Advance-to-Deposit Ratio (ADR) was introduced through the Finance Acts of 2021 and 2022 approved by Pakistan’s National Assembly and these provisions are being enforced by the Federal…
The US commercial real estate industry is pushing for tax relief and incentives championed by former Republican President Donald Trump to continue in the next administration, as the sector struggles…
Globally, tax crimes have always been a significant threat to economic stability and governance. These offences that include tax evasion, fake invoicing, refund fraud, and misreporting of income, lead to…
Pakistan faces a pressing need for a sustainable tobacco taxation policy, particularly as tobacco use imposes severe health and economic burdens on the country. With over 160,000 deaths annually due…
