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Oct 31, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Dr Ikramul Haq

Flawed tax reforms agenda - II
Opinion

Flawed tax reforms agenda - II

In fiscal year 2018-19, total payment, as per budget documents, on account of debt servicing, was Rs 1,987 billion against the budgeted figure of Rs 1,620 billion. Allocation for the current fiscal year is Rs 2,891 billion, 78 percent higher than last yea
Updated 21 Nov, 2019 07:03am
Flawed tax reforms agenda - I
Opinion

Flawed tax reforms agenda - I

Prime Minister Imran Khan's address to the top officials of Federal Board of Revenue (FBR) on November 13, 2019 showed that his three-year-long tax reforms plan, approved on October 3, 2019, lacks proper homework, pragmatic research and solid planning. Af
Updated 15 Nov, 2019 10:40am
Sales tax on restaurants through Finance Act
Opinion

Sales tax on restaurants through Finance Act

The imposition of 7.5% sales tax on restaurants through the Finance Act 2019 by the National Assembly, energetically defended by the Chairman of Federal Board of Revenue (FBR), is patently unconstitutional being in violation of Article 142 of the Constitu
Updated 08 Nov, 2019 08:33am
Making tax system functional
Print

Making tax system functional

The primary function of a tax system is to raise revenue for the governments at various levels, in the case of Pakistan, federal and provincial, for their public expenditure as well as for local authorities and similar public bodies. Thus, the first goal
Published 26 Jul, 2019 12:00am