Encouraging women entrepreneurship Reducing the cost of compliance is essential to promote female-led businesses. Published 11 Oct, 2022 07:57am
An FDI-friendly tax regime The government has recently adopted a foreign investment–friendly regime that allows non-residents to invest ... Published 27 Jan, 2020 07:02am
Banks should lend more money to SMEs THE small and medium enterprises (SMEs) sector is considered the backbone of an economy, as it plays a pivotal role... Updated 16 Jan, 2020 03:54am
Identity-related frauds in sales tax Fraudsters declare bogus purchases of hefty amounts in sales tax returns. Published 09 Dec, 2019 07:22am
Why VAT is not always a good tax Value-added tax appears to be problematic in agro-based economies where prices of agricultural products are usually Published 07 Oct, 2019 07:15am
Dealing with offshore assets Income is taxed on the basis of its source in Pakistan. Updated 27 Aug, 2019 08:10am
The sales tax gap The estimated sales tax gap was nearly 67pc of the total sales tax collection Published 15 Apr, 2019 07:02am
Understanding the benami law The law gives enormous powers to tax authorities. Its careful implementation is necessary to prevent any abuse of power. Updated 25 Mar, 2019 08:40am
Taxing non-profit organisations Tax authorities must ensure that only legitimate NPOs enjoy tax incentives. Published 08 Oct, 2018 06:51am
Bridging the tax gap Several provisions in Income Tax Ordinance 2001 are difficult to interpret and not easily implementable. Updated 24 Sep, 2018 08:33am
Tax exemptions chip away at the exchequer Revenue losses caused by special provisions in the tax code in 2017-18 were estimated at Rs541bn, 14pc of total Published 03 Sep, 2018 06:00am
Is tax evasion always bad for economic growth? A benign attitude towards tax evasion may be warranted if it results in greater economic growth Published 20 Aug, 2018 07:07am
Money laundering hurts legitimate business Money laundering diminishes tax revenues resulting in honest taxpayers’ having to bear the burden of additional taxes. Updated 05 Sep, 2017 09:31am
Who’s responsible for sales tax liability? With more than 45pc share in federal tax receipts, the sales tax is a major source of tax revenue. Updated 28 Aug, 2017 11:12am
Correlation between benami transactions and tax evasion It is difficult for authorities to obtain information regarding such deals. Updated 07 Aug, 2017 08:11am
Fixed sales tax regime revised upward Some retailers will have an option to pay sales tax at the rate of 2pc of their total turnover, without the facility Published 17 Jul, 2017 07:12am
Understanding Companies Act 2017 Highlighting the most significant legal reforms introduced in the new Companies Act 2017 Published 10 Jul, 2017 08:19am
Direct taxes in indirect mode The Income Tax Code of Pakistan contains various provisions of presumptive taxes that ultimately become indirect taxes Updated 26 Dec, 2016 09:03am
Policy options to bridge the tax revenue gap The tax amnesty scheme encourages people to evade taxes in the hope to whiten their black money through another tax Published 12 Dec, 2016 07:08am
Sales tax: unethical practices Here's a list of tactics used by businesses when it comes to VAT/GST. Updated 18 Jul, 2016 07:51am
