Tax reforms

Promises Rs4.1tr revenue boost in 3 years by lowering tax rates, removing exemptions

Urges govt to restore 12% GST, revive POS prize scheme, simplify tax registration

KSE-100 index drops 303.22 points, settles at 75,575.26

Govt will need tax reforms, tariff hikes, depreciation to get bailout

29% corporate and 10% super tax for companies discourages investment

Chairs meeting with economic experts; takes decisions regarding tax reforms, energy crisis, and electricity prices

Aim is to broaden tax base, simplify rates, advocate fair treatment of active filers

Recommends changes in energy policies, addressing tax refund delays, capital shortages

'The study will help increase the tax collection'

Premier heads meeting to review tax reforms; orders to plug loopholes, ensure transparency

Excise department has also formulated a plan to achieve tax targets

CDWP approves concept clearance paper for tax reforms in Punjab

Federal Board of Revenue raises the issue of multiple stakeholders with PM Imran Khan

‘Dealing with aftermath of deadly pandemic remains priority of govt’

There are three major concerns that might undermine the reform effort

Umar says govt is ready to amend laws for implementing TRC proposals

Suggests harmonisation of tax system to deal with dual taxation

Says the ones criticising it should reveal their own tax filings

Will entitle govt to purchase any asset at higher value than one declared at time of registration

Taxation is the obvious area of necessary reform and it is not happening

Pakistan is surviving on bailouts from the IMF due to perpetual failure of the ruling elite to tax the rich and mighty

Tax exemptions have inflicted a loss of over Rs100 trillion in the last 38 years

One area that needs urgent attention of the authorities is the underground economy

ACCA global head says Pakistan needs to lower some taxes to unleash growth

GIK's understanding of economy is perhaps the single-most important reason why we are in such socioeconomic mess today

American journalist James B Steele says role of investigative journalists in exposing corruption remains key

The ‘Tax Reforms Commission’ was constituted for review and rationalisation of direct and indirect taxes

Minister for parliamentary affairs says tax reform is crucial for economy and we are making efforts to build consensus