McKinsey hired to help improve tax collection

LAHORE: The Australian High Commission, Punjab Revenue Authority (PRA) and McKinsey & Company signed on Monday a tripartite memorandum of understanding (MoU) for a diagnostic assessment of the authority to suggest a reforms process for improving the tax administration.

The MoU was signed in a ceremony at the PRA headquarters in the presence of Punjab Finance Minister Dr Ayesha Ghaus Pasha.

According to Shehzad Mehmood Gondal, a spokesman for the PRA, the scope of the MoU is to run a diagnostic review of the PRA and suggest ways and means to improve tax revenues to the tune of Rs150 billion in the next three years from Rs61.6bn for 2015-16.

The company engaged for this assignment, McKinsey & Company, is a renowned management consultancy firm, he said.

Published in Dawn, April 4th, 2017

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Comments (5) Closed

JKhan

Apr 04, 2017 09:54am

Waste of public money. Wait till the Decision comes.

Recommend 0

sohail ahmed malik

Apr 04, 2017 10:09am

Please take care in the light of past history / performance in our country of Mc

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Benjamin

Apr 04, 2017 11:42am

It is good to read that Punjab is seeking help from companies like McKinzee and is keen to grow its tax collection and to improve tax management. this is the only way to go ahead. Australian tax system is also one of the best ones in the world (less stringent than the UK and the US but reasonably strict to get proper taxes). Immense political determination is required to make the rich pay taxes in Pakistan.

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telugu business news

Apr 04, 2017 12:30pm

Thanks for sharing the best posts they very nice and very useful to us. You made a good site and giving us such a great information on this topic it's very help us

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N.Sid

Apr 04, 2017 07:44pm

Get in a clean and competent and incorruptible government in place and tax collection will exceed target. There is a reason why Pakistan ranks as top 4 country in the world in charity donations and ranks much below in tax collection...the reason is people don't trust government...simple as that. So wait for the verdict.

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