Latest Tax Reform News & Updates

New Delhi, April 26 (IANS) The Pakistan government and its military chief, Field Marshal Asim Munir, have, as part of their propaganda campaign to woo the US, been presenting the country’s mineral wealth as a source of unlimited riches ready to be reaped at short notice, but the ground realities are far more complex.The official yearbook of Pakistan’s Ministry of Energy has long catalogued copper, gold, coal, iron ore, chromite, limestone, marble, gypsum, and gemstones as part of the country…

New Delhi, March 1 (IANS) Pakistan will either confront deep structural weaknesses such as tax narrowness, energy inefficiency, and elite capture of its government or face a brittle economy and thinner social cohesion by 2031, a new report has said.The report from Business Recorder said half‑hearted reforms could leave average annual GDP growth hovering around 2–3 per cent over the next five years, barely above population growth, amounting to stagnation, the report said.”Stagnation, in a you…