Very few people outside the economics profession realize that fiscal (government revenue and expenditure) and current accounts (inflows and outflows of foreign exchange) are closely interlinked. A current account is…
This is the third part of a series of articles on the subject ‘We seem to have no understanding of what ails our taxation system’. Like the preamble to Part…
The Federal Board of Revenue (FBR) is allegedly interfering in the quasi-judicial functions of Commissioners of Appeal Inland Revenue. A report published in an English daily, not this newspaper, on…
Reducing tax collection reliance at import stage Syed Shabbar Zaidi Introduction In my article published in this newspaper on June 2, 2021, I highlighted the heavy reliance of taxes collected…
ONE of the bigger issues with our tax system is the deep-rooted unfairness that has been built, by default but often by design, into the system. Those who are documented…
I never wanted to write the following article for the simple reason that there isn’t anything good to present. However, I am forced to write because there is so much…
Staff of the Appellate Tribunal. (1) The President shall determine the nature and categories of the officers and other employees required to assist the Appellate Tribunal in the discharge of…
Tax codes of Pakistan-Income Tax Ordinance, 2001, Sales Tax Act, 1990, Federal Excise Act, 2005 and Customs Act, 1969-provide grievance redressal mechanisms for taxpayers against the orders of tax officials…
The Finance Minister, Ishaq Dar, in the Finance Bill 2014, ignored the demand that tax appellate system should be made independent, free from the administrative controls as directed by the…
The existing tax appellate system - hopelessly redundant, painfully unproductive and marred with inefficiency and inordinate delays - needs complete restructuring so that fiscal disputes between the State and taxpayers…
