World Bank urges Pakistan to eliminate tax exemptions

By Khaleeq Kiani Published in DAWN on October 10, 2023 • Advises bringing agriculture, real estate and retail sectors into tax net, collecting more revenue up to 4pc of GDP • Urges simplifying income tax structure • Focuses on taxing untapped wealth within provincial jurisdictions • Current tax-free threshold stays unchanged ISLAMABAD: The World Bank (WB) on […]

10

Oct

Pervez Tahir: A tryst with economic justice

By Rashid Amjad Published in Express Tribune on October 06, 2023 Dr Pervez Tahir (or ‘PT’ as he was affectionately called), a life-long friend, was among the generation of midnight children, born at independence and graduating in the radical, heady years of the late 1960s when, in Pakistan, as in many other countries, people rebelled to change[…]

02

Oct

Govt considers imposing taxes on agriculture, retail, real estate sectors

By Mehtab Haider Published in The News on October 01, 2023 ISLAMABAD/ KARACHI: The caretaker government is considering amendments to taxation regime for retail, agriculture and real estate sectors. Imposition of wealth tax on moveable assets is also being proposed. “The caretaker government has plans for materialising the FBR’s tax collection target of Rs9.2 trillion and increase[…]