The top 500 companies in Pakistan paid Rs 364.325 billion in taxes during 2016-17. Out of 79,728 companies included in the Tax Directory 2016-17, about 32,943 of them paid no tax and 22,312 paid less than Rs 1 million in…
Section 21(s): Ill-advised & unreasonable
Dr. Ikramul Haq & Abdul Rauf Shakoori The challenges of fair and equitable tax collection and financial inclusion in Pakistan are deeply rooted in systemic constraints, widespread informality, and limited trust in the fiscal apparatus. The tax system remains…