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Brave moves

LAHORE: The notion that withdrawal of zero-rating regime is counterproductive has been proven wrong as the exports that remained stagnant under the facility started improving after it was called. ....

Shabbar Zaidi , Federal Board , Revenue Shabbar Zaidi , Prime Minister , ஷப்பார் ஜைய்தி , கூட்டாட்சியின் பலகை , வருவாய் ஷப்பார் ஜைய்தி , ப்ரைம் அமைச்சர் ,

Flushing out the corrupt essential for effective growth

Flushing out the corrupt essential for effective growth
Business
February 2, 2021
LAHORE: Improving the economy has always been an uphill task for each government that assumed power in the last three decades. This government is no exception, as the basic flaws in the economy have not been addressed even now.
We are not a growth-based economy. In fact growth has never been the top priority of any government in Pakistan. Each was interested in increasing revenues by any means. Instead of increasing revenues based on the capacity of the population, each government resorted to regressive taxation.
The concept of consumer tax introduced in the 1980s provided each government to exploit the consumers at will. The consumption tax or the general sales tax in Pakistan is 17 percent. This rate is higher than the rate at which most corporate executives pay their income tax. ....

Shabbar Zaidi , Federal Board , Revenue Shabbar Zaidi , ஷப்பார் ஜைய்தி , கூட்டாட்சியின் பலகை , வருவாய் ஷப்பார் ஜைய்தி ,