Lack of initiatives & innovations—II Huzaima Bukhari & Dr. Ikramul Haq The existing system imposes high taxes but yields low revenues. Only 2000 companies pay 75% of total taxes. The standard sales tax rate is 17% but effective rate, according…
Excessive & regressive taxation
Dr. Ikramul Haq and Abdul Rauf Shakoori The delegation of the Federation of Pakistan Chamber of Commerce & Industry (FCCPI), along with senior members from the business community, recently held an important meeting with the country’s top…