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Webinar on enabling provincial sales tax regime Islamabad January 24, 2021 Islamabad:Punjab Revenue Authority (PRA) Zain Sahi, Chairperson has said that due to high rates of taxes, critical fiscal incentives were introduced including reduction in rates in Punjab. Mr Sahi was speaking at a webinar on ‘Towards a more innovative, effective and enabling provincial sales tax regime’ jointly organised by Sustainable Development Policy Institute and Sub National Governance here on Saturday. Mr Sahi said that data from external sources was needed to identify taxpayers outside tax net but data analysis capabilities in the public sector also needed improvements. Therefore, PRA, he said, was willing to share its data with others government entities on reciprocal basis. ....
Improvement in provincial tax collection termed critical for human development Business January 24, 2021 ISLAMABAD: Improvement in tax collection by provinces is critically important to ensure sustainable investments for human resource development in the country, experts agreed. They were addressing a webinar titled ‘towards a more innovative, effective and enabling provincial sales tax regime’, jointly organised by the Sustainable Development Policy Institute (SDPI) and Sub National Governance (SNG). Vaqar Ahmed, joint executive director of SDPI said revenues of provinces must grow by almost 20 percent per annum in the medium term to sustain investments in human development and enable infrastructure development. “This target can be achieved through having and using better data and evidence on tax avoidance and evasion and a structured sector-specific dialogue with private sector,” Ahmed said. ....