Federal Board of Revenue always finds “standards” reasons to justify the low revenue growth. It has been getting away with such effortless...
Efficient and transparent governance is key to make any reforms effective and meaningful. This applies more to the governments. Its dynamic process...
Efficient and transparent governance is key to make any reforms effective and meaningful. This applies more to the governments. Its dynamic process...
Federal Board of Revenue is in the headlines and mostly for the wrong reasons. Its inefficiency and lack of reforms are under discussion. Finance...
“We will bring in equitable taxation system,” had been a consistent line of Asad Umar when he was in the opposition. He would castigate Ishaq...
Trade balance deficit is being considered as the biggest challenge for the current government. This is for simple fact that Imports are roughly...
In the Sunday's published on these pages, we looked into structure of the FBR, its comparison with the tax systems in other countries. During the...
Taxes are required to meet the expenditure that a country needs to serve its people. Pakistan operates through hybrid system whereby Federal Board...
A lot has been written and discussed in media on the way Senate elections were held last month. Neither the reservations have been expressed for the...
A lot has been written and discussed in media on the way Senate elections were held last month. Neither the reservations have been expressed for the...
In our discussion appeared in this paper, we tried to evaluate the performance of speakers and the role of parliament in protecting the constitution...
In our discussion appeared in this paper, we tried to evaluate the performance of speakers and the role of parliament in protecting the constitution...
A lot of debate is focusing on Supreme Court. Whereby it should be held responsible for validating the imposition of martial laws or not is under...
A lot of debate is focusing on Supreme Court. Whereby it should be held responsible for validating the imposition of martial laws or not is under...
Federal Board of Revenue launched “veiled amnesty” for the real estate as it reduced taxable value. This is the fourth change inserted in...
Federal Board of Revenue launched “veiled amnesty” for the real estate as it reduced taxable value. This is the fourth change inserted in...
In the first round of discussion for current year, the IMF has appreciated revenue growth but also showed concern on levy of additional duty on...
Increasing cost of doing business is genuine concern of business community, particularly of exporters. Blocking genuine refunds by the Federal Board...
In the last couple of months, Pakistan taxation system has been under the microscope and has stirred much debate due to its loopholes and limited...
In the last week of June this year, the Punjab government made an amendment in Punjab Financial Rules . The purpose was to make payable the cheques...
In the last week of June this year, the Punjab government made an amendment in Punjab Financial Rules . The purpose was to make payable the cheques...
The government always boasts of presenting the tax-free budget. Nothing could be further from the truth. In fact, the government intends to fix the...
The government always boasts of presenting the tax-free budget. Nothing could be further from the truth. In fact, the government intends to fix the...
Pakistan has achieved economic stability in result of its compliance with the IMF program and it could further improve through continuation of...
Pakistan has achieved economic stability in result of its compliance with the IMF program and it could further improve through continuation of...
After concluding discussion with the delegation of Pakistan, International Monetary Fund issued a press release which merits analysis. It credited...
Pakistan mourns the passing of Abdus Sattar Edhi. As the loss is unbearable hence the shock is natural. These are spontaneous feelings. However,...
In the first article of this two-part series on textile crisis, adverse impact of the energy crisis on textile industry and the official...
In the first article appeared on July 9 of this two-part series on textile crisis, adverse impact of the energy crisis on textile industry and the...
“There’s no sacred cow,” warns the government that is having serious bearings on the export. The government may not treat us as sacred cows,...
In the first article appeared on July 9 of this two-part series on textile crisis, adverse impact of the energy crisis on textile industry and the...
“There’s no sacred cow,” warns the government that is having serious bearings on the export. The government may not treat us as sacred cows,...
“There’s no sacred cow,” warns the government that is having serious bearings on the export. The government may not treat us as sacred cows,...
Taxes are collected not because of Federal Board of Revenue but despite of it. These are the words of none else but the former chairman FBR Riaz...
Taxes are collected not because of Federal Board of Revenue but despite of it. These are the words of none else but the former chairman FBR Riaz...
India’s Inland Revenue Department has introduced “Cen vat Credit” scheme whereby taxpayer can settle any liability against his credit/refund....
Decline in export is hitting hard exporters that will result in gradual closures of mills and intensify lay-offs. Other countries in region,...
Decline in export is hitting hard exporters that will result in gradual closures of mills and intensify lay-offs. Other countries in region,...
Decline in export is hitting hard exporters that will result in gradual closures of mills and intensify lay-offs. Other countries in region,...
In the first part published on these pages on April 15, questions were raised about the flawed use of technology by Federal Board of Revenue for...
Federal Board of Revenue sprang surprises when I went for e-filing of income tax return for 2014, complained a tax consultant to me. The software...
Federal Board of Revenue sprang surprises when I went for e-filing of income tax return for 2014, complained a tax consultant to me. The software...
Federal Board of Revenue sprang surprises when I went for e-filing of income tax return for 2014, complained a tax consultant to me. The software...
Second part
Income tax inspectors used to send shivers as and when they visited any business centre and that reform model on functional lines has eroded this...
In 2008, an international conference on value-added tax was held in Lahore and Islamabad. Ihtisham Ahmad and Micheal Kean, then affiliated with...
