Cosmetic measures may raise short-term revenues, but don't treat deep-rooted issues

Though Act promotes digitisation and documentation, taxation still not based on principle of equity

Trust deficit, outdated systems and governance weaknesses preventing country from achieving desired tax-to-GDP ratio

Despite being tax compliant, this segment faces high taxes, erosion of benefits

Dispute over NOCs for funds threatens to adversely impact net savings of employees

Bill may help achieve targets but several factors should be considered in advance

Govt’s core objective is to generate revenue with no concern for public welfare

Rationalising taxation laws and broadening tax base should be priorities

In upcoming budget, this class should be relieved of paying high taxes

Interim govt inherited political, economic challenges from predecessor