There has been persistent pressure on successive Pakistani Governments by policymakers, especially those affiliated with multilateral donor agencies, to increase the Percentage Tax-to-GDP ratio. It is true, that the fiscal…
The Constitution (Eighteenth Amend-ment) Act, 2010, [18th Amendment], became effective on April 19, 2010, brought a major shift in Pakistan’s fiscal and administrative architecture. With principal objective of granting greater…
Economists and academics continually seek innovative tax ideas. Led by international financial institutions (IFIs) and their consultants, the prevailing goal in many studies is to tax everything in sight. A…
As of May 2025, Pakistan’s tax collection crisis has deepened. The Federal Board of Revenue (FBR) has fallen short of its revised annual target by Rs1.03 trillion – a staggering…
Donor agencies have been clamouring for reforms in Pakistan’s unfair, inequitable and anomalous tax structure but to date to no avail. Ideally, the onus of tax revenue must shift away…
Since the promulgation of the Tax Laws (Amendment) Ordinance, 2025, several commentaries have surfaced in editorial columns, professional circles, and even in government forums. They raise misinformed concerns about the…
It began with a bang—quite literally. On April 16, Islamabad was hammered by a freak hailstorm that turned the capital into a scene from a disaster flick. Hailstones the size…
The International Monetary Fund has agreed to lower Pakistan’s tax collection target for the ongoing fiscal year from Rs 12.97 trillion to Rs 12.35 trillion, a move that highlights the…
EVERY year, close to 164,000 people die due to tobacco use in Pakistan. This means 450 deaths per day, more than 3,100 deaths per week and over 13,600 deaths per…
IF you have travelled on the Grand Trunk Road, which we insist was built by Sher Shah Suri, towards Peshawar, some 90 kilometres from Islamabad, you come across a town…
