Lack of initiatives & innovations—II Huzaima Bukhari & Dr. Ikramul HaqThe 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 to 2016…
2024: Multiple challenges & reforms
Dr. Ikramul Haq & Abdul Rauf ShakooriPakistan has entered into 2024 under a transitional phase where the caretaker government remains at the helm of affairs. Unfortunately, elections could not be held within the period of 90 days as stipulated in…