Taxing the taxed: Income Support Levy Act, 2013
In the current budget, the government has proposed to levy a wealth tax by proposing to enact a new law.1 The object of the tax is to provide financial assistance,…
View Point: Afghanistan peace talks
Following the opening of Afghan Taliban's political office in Doha the first round of direct, official talks between the US and the Taliban starts there today to end the 12-year-long…
Poverty status: Another dilemma for the new government
Announcing an official higher or lower poverty number by the country sends the following kinds of signals to the international stakeholders, ie, foreign governments, multilateral and bilateral donors, international NGOs…
Budget 2013-14: No will to tax the rich
By just tinkering with tax rates here and there and imposing or enhancing regressive taxes - fixing revenue collection target at Rs 2598 billion for fiscal year 2013-14 - the…
Iran moderate’s poll triumph is mandate for change
Iranian voters weary of years of economic isolation and tightening political restrictions threw down a blunt demand for change on Saturday by handing a moderate cleric a landslide victory in…
Budget 2013-14
I was not disappointed by the budget 2013-14 - not because it contained any out-of-th-box thinking or indeed any reform measures that would have changed the economy's direction in the…
The railways as a metaphor
A Fortnight or so ago, the New York Times ran a long front-page piece on Pakistan Railways (PR) by its Pakistan bureau chief, Declan Walsh. Declan, a good friend and…
Managing energy
Prof James Trevelyan has rightly pointed in his article, ‘Pakistan has a bright energy future’ (May 31), that Pakistan can overcome its energy issues by rethinking its electricity distribution. I…
Tax proposals – II
Initial developmental efforts are generally marked by inflationary tendencies in an economy. Inflation, if uncontrolled, may thwart all development plans and bring misery to the poor. A reasonable degree of…
Tax proposals – II
Initial developmental efforts are generally marked by inflationary tendencies in an economy. Inflation, if uncontrolled, may thwart all development plans and bring misery to the poor. A reasonable degree of…
