Property taxation

Published January 21, 2019

AT present we cannot spend on health and education even four or five per cent of our GDP because our tax-to-GDP is 10.5pc, while in developed countries it is 20pc.

We cannot ignore our defence as we genuinely need to spend on it for national security.

We need to be proactive in this regard by initiating tax reforms. The Shahid Hussain taskforce report can be a great source of guide in this regard which speaks about several problems and their solutions. We need to have a massive crackdown by the Federal Bureau of Revenue (FBR) all over the country to make sure every person, entity pays tax.

We need to review some exemptions which are only damaging us. We need to adopt international practices which are suggested by management experts like Stephen Robbin about controlling employees and organisations through reward and punishment.

If money is a motivating factor for FBR employees, we should use it in our favour by introducing commissions based on performance.

Raza Abbas

Karachi

Published in Dawn, January 21st, 2019

Opinion

Editorial

IMF’s unease
Updated 24 May, 2024

IMF’s unease

It is clear that the next phase of economic stabilisation will be very tough for most of the population.
Belated recognition
24 May, 2024

Belated recognition

WITH Wednesday’s announcement by three European states that they intend to recognise Palestine as a state later...
App for GBV survivors
24 May, 2024

App for GBV survivors

GENDER-based violence is caught between two worlds: one sees it as a crime, the other as ‘convention’. The ...
Energy inflation
Updated 23 May, 2024

Energy inflation

The widening gap between the haves and have-nots is already tearing apart Pakistan’s social fabric.
Culture of violence
23 May, 2024

Culture of violence

WHILE political differences are part of the democratic process, there can be no justification for such disagreements...
Flooding threats
23 May, 2024

Flooding threats

WITH temperatures in GB and KP forecasted to be four to six degrees higher than normal this week, the threat of...