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…
Detonating POL bomb
Huzaima Bukhari & Dr. Ikramul Haq Rising need of petroleum and its heavy taxation leaves the common man stripped of his earnings, and renders the lives of the poor more miserable than before, but despite all these, brings in…