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Wholesome food now out of 68pc Pakistanis reach: WB

Wholesome food now out of 68pc Pakistanis reach: WB
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

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WB holds webinar on Pakistan's agricultural tax on Thursday

WB holds webinar on Pakistan’s agricultural tax on Thursday
Daily Times(PK)
The World Bank will organise the 5th webinar of the Pakistan Development Policy Series 2021 on Thursday (July 15) titled ‘Closing the Agricultural Tax Gap.’ The Pakistan Development Policy Series 2021 is a series of policy talks inviting discussion and debate on key reform areas critical to Pakistan’s economic, social and development growth, said a statement issued on Sunday. According to the statement, the fifth webinar of the series will focus on how Pakistan may close the agricultural income tax gap. While Pakistan’s large agrarian base contributes significantly to real sector and employment, the share of agricultural income tax in Pakistan’s total tax revenue falls short of its true potential. The webinar will begin with a panel discussion including leading specialists in fiscal and tax policy, followed by a Q&A session with the audience, said the statement. ....

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Pakistan's Tax-to-GDP Ratio Raises Alarms Among Tax Experts

World Bank’s Senior Tax Specialist, Sebastian James, has pointed out that Pakistan’s tax-to-GDP ratio dropped below average during the last two fiscal ....

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Pakistan's tax to GDP ratio drops below average levels: WB

National
March 2, 2021
ISLAMABAD: The World Bank has pointed out that Pakistan’s tax to GDP ratio dropped to below average during the last two fiscal years. Furthermore, the overdependence on withholding taxes is also bad because it converted into another kind of Sales Tax.
This emerged during a webinar organized by the Pakistan Development Policy Series 2021 in collaboration with the World Bank on Monday. World Bank’s Senior Economist Sebastian James, WB’s Country Director in Pakistan Najy Benhassine and SAPM on Revenues Dr. Waqar Masood, besides others participated
At this point, Special Assistant to Prime Minister on Revenues Dr. Waqar Masood said that the government would abolish 40 withholding taxes, bringing them down from 65 to 25 taxes, starting from upcoming budget for 2021-22. “There is a need to broaden the narrow tax base instead of burdening the existing ones. It’s our serious concern that the average tax collection in Pakistan has dropped i ....

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Pakistan's tax-to-GDP ratio drops below average levels: WB

Pakistan's tax-to-GDP ratio drops below average levels: WB
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

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