The budget for fiscal year 2019-20, the first of Government of Pakistan Tehreek-i-Insaf (PTI), is expected on May 24, 2019. Every year before the announcement of annual federal budget-which has…
Majority of the Pakistanis would certainly be dejected after hearing the budget speech of Ishaq Dar today (May 26, 2017). Not because there will be no relief for the poor…
The Finance Ministry in a written response to the National Assembly this week past stated that Chinese investors under the China Pakistan Economic Corridor (CPEC) are exempted from taxes and…
We love the Commerce Secretary's way of doing things. He asks the Trade Associations, etc., for inputs on policy, sets up committees, and takes off for distant shores. The Press…
A situation, where an individual has competing interests or loyalties, is normally referred to as prone to 'conflict of interest". Different circumstances can create situations of conflict of interest. An…
The outdated and oppressive tax structures at federal and provincial levels, wasteful expenses, mounting debt servicing and annual tax expenditure of over Rs one trillion have created fiscal instability since…
HAVING spent 19 years editing stories in this newspaper or that, I have to confess that the budget ‘days’ are my least favourite. Come to think of it, reading the…
GOVERNMENTS create a lot of waste. Pakistan recently witnessed this in the form of the sugar scandal (courtesy of government subsidies and regulations), a recurrent theme in our economic history.…
The size of the tax gap in Pakistan is almost equal to the amount the country borrowed last year. The tax gap is the difference between the amount of tax…
The emergence of the sugar and wheat profiteering scandal at exactly the moment in time when the most central debate of our lives is about the economic survival of the…
