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Tax misconceptions

There has been no prime minister during the past three decades who has not blamed poor macroeconomic performance on those who do not pay taxes - tax evaders who are…

PM’s relief package in perspective—I

“It is better to offer no excuse than a bad one” — George Washington Prime Minister of Pakistan, Imran Khan’s address to the nation on February 28, 2022, was nothing…

PM’s relief package in perspective — II

Pakistan is badly affected by global price hike. The current Ukraine-Russia conflict is going to make it worse. In the face of deteriorating investment clime, when foreign direct investment is…

Implications of the GDP rebasing

The Governing Council of the Pakistan Bureau of Statistics has approved the new GDP estimates, following the exercise of rebasing from 2005-06 to 2015-16, somewhat belatedly. The editorial of the…

Another U-turn!

Pakistan is a unique country where the governments-military and civilian alike-have been frequently introducing amnesty schemes allowing whitening of untaxed/undeclared assets. Historically, both the Legislature and Executive have always shown…

The ‘POL bomb’

Rising need of petroleum and its heavy taxation leaves the common man stripped of his earnings, and renders the lives of the poor more miserable than before, but despite all…

Of this and that!

Pakistan hosted two foreign missions this week past - one, an operational mission sent by the Saudi government to determine areas of possible investment in Pakistan as agreed during Prime…

Self-serving laws – I

Uninterrupted decade of democracy [2008 to 2018], unprecedented in our political history entailing smooth transfer of power to elected representatives, according to the Constitution, is an occasion for national jubilation…

Caretakers and the economy

Caretaker Finance Minister Shamshad Akhtar took oath on 5 June, and, reportedly, began work the same day. There is little doubt that, unlike Ishaq Dar and Miftah Ismail, she is…