New Delhi, July 9 (IANS) Pakistan’s chaotic governance, policy inconsistency and political instability continue to deter foreign investment despite repeated overseas investment pitches by the country’s leadership, according to a report.A report published in Dawn highlighted that investor confidence depends far more on improving governance and creating a stable business environment than on high-profile appearances at international forums.”Chaotic governance and inconsistent policies have been a m…
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New Delhi, March 3 (IANS) Pakistan’s high taxation regime is choking the formal economy, especially industrial businesses, yet there seems to be no realisation within the Federal Bureau of Revenue (FBR), which keeps extracting juice from the top 1 per cent of the population, according to an article.The core of the issue is that capital formation is disincentivised, as the effective tax rate, including is over 50 per cent for large manufacturing facilities, according to the article in the Karac…