Huzaima Bukhari and Dr. Ikramul Haq The Prime Minister, Imran Ahmad Khan Niazi, as per media reports, has hinted at dissolving the Federal Board of Revenue (FBR) showing extreme displeasure over its poor performance. A new organization...
Dr. Ikramul Haq Significant pro-labour reforms were introduced by the Government of Zulfikar Ali Bhutto as early as in 1972 in the wake of threadbare discussions at a Tripartite Labour Conference held at Islamabad. Many laws were introduced...
Dr. Ikramul Haq In a meeting chaired by the Federal Minister for Inter Provincial Coordination, Dr. Fehmida Mirza, on October 10, 2018, it was reportedly conveyed that the trans-provincial fund, assets, institutions and the programmes run by Employees...
Huzaima Bukhari & Dr. Ikramul Haq The passage of Constitution (Twenty-fifth Amendment) Act, 2018 [“25thConstitutional Amendment”] by Senate and National Assembly, its adoption by the Assembly of Khyber Pakhtunkhwa [by vote of 92 to 7] and assent by...
(Rs. in billions) YearTargetsCollectionGrowth in Collection (%)Target Achieved (%)Tax to GDP ratioRatio in total taxes (%)Indirect taxesDirect taxes1996-97286.0282.15.298.611.669.830.21997-98297.6293.64.198.711.064.935.11998-99308.0308.55.1100.210.564.335.71999-00351.7347.112.598.79.167.532.52000-01406.5392.313.096.59.368.231.82001-02414.2404.13.097.69.164.735.32002-03458.9460.614.0100.49.467.033.02003-04510520.813.1102.19.268.331.72004-05590590.413.4101.89.168.931.12005-06690713.420.8103.49.468.531.52006-07935847.218.8101.59.860.639.42007-081.0001008.118.9100.89.861.538.52008-091,1791157.014.898.18.961.838.22009-101,3801327.414.769.09.060.439.62010-111,6671587.019.695.28.861.338.72011-121952.31883.018.296.59.160.839.22012-1320071939.403.096.68.561.838.22013-1422752254.516.099.08.861.138.92014-1528102589.913.092.29.260.139.92015-163103.73112.420.2100.39.660.939.12016-1736213367.88.092.99.860.139.92017-1840133842.114.197.610.460.040.0 Source: State Bank/Economic Annual Surveys & FBR Year Books Table: FBR Tax Collection (2001-02 to 2017-18)(million rupees)Fiscal YearDirect TaxesSalesExciseCustomsTotal of...
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