Download or read book Unlocking Pakistan s Revenue Potential written by Mr.Serhan Cevik and published by International Monetary Fund. This book was released on 2016-08-26 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the significant progress in recent years, Pakistan’s tax revenue remains low relative to comparator countries and the tax effort expected for the country’s level of development. In light of the potential endogenity of tax revenue and economic growth, this paper contributes to the literature by developing a novel identification strategy to estimate the short-run and long-run elasticities of tax revenue. The empirical findings indicate that a tax system with low elasticity cannot take full advantage of economic growth. Accordingly, unlocking revenue potential is dependent on broadening the tax base, strengthening administration, and rationalizing tax policy across all levels of the general government.
Download or read book Tax in Pakistan written by Pakistan. Central Board of Revenue and published by . This book was released on 1965 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pakistan written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2016-01-12 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper reviews Pakistan’s tax regime, evaluates the level and composition of tax revenues, and estimates tax buoyancy and efficiency. Despite recent progress under the program, Pakistan’s tax revenue remains very low relative to comparator developing countries and the tax effort expected for the country’s level of development. This reflects narrow tax bases, overgenerous tax concessions and exemptions, weak and fragmented revenue administrations, and structural features of the economy. The findings suggest that unlocking tax revenue potential requires broadening tax bases, strengthening revenue administration and taxpayer compliance, eliminating distortionary tax expenditures, and rationalizing tax policy for greater efficiency and equity through a comprehensive and front-loaded reform agenda.
Download or read book The Role of Taxation in Pakistan s Revival written by Jorge Martinez-Vazquez and published by Oxford University Press, USA. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The tax system of Pakistan continues to under-perform, in particular, in its ability to raise adequate revenues. The bases of the most important taxes, such as Personal and Corporate Income Tax and the General Sales Tax (GST), continue to be narrow and the level of tax evasion remains high. Moreover, in recent years, the Tax-to-GDP (Gross Domestic Product) ratio has seen a substantial decline. On the other hand, most of the macroeconomic fiscal adjustment in recent years has been on the expenditure side of the budget. The country's need for spending on social services such as education, health, and capital infrastructure are likely to increase in the near future as governments pursue a strategy of sustained economic growth. Most political manifestoes brought forward by political parties spell out major expenditure programmes while expressing a desire to increase tax collection. To reach the desired taxation level in Pakistan, an in-depth policy reforms programme needs to be formulated by policymakers. This will require a detailed analysis of tax structures and tax administration. An attempt has been made in this book to provide the necessary analysis.
Download or read book Publication written by and published by . This book was released on 1960 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Underground Economy and Tax Evasion in Pakistan written by Zafar Iqbal and published by . This book was released on 1998 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pakistan written by Ikramul Haq and published by . This book was released on 2011-12 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors discuss tax policy in Pakistan. In the first part of the book they point out on the definitions of residence and taxable territory, facilitating money laundering, and taxing of agricultural income as shortcomings of the Individual Tax Ordinance 2001. They also discuss other policy issues, such as: general sales tax, fiscal decentralization, tax burden, tax court, Islamic finance and equity principle in taxation .
Download or read book Tax Policy Options to Promote Private Capital Formation in Pakistan written by Andrew Feltenstein and published by World Bank Publications. This book was released on 1991 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Pakistan, at least, changes in corporate tax rates are probably better instruments for promoting capital promoting capital formation than are increased investment tax credits. Increasing the investment tax credit stimulates more capital formation than does decreasing corporate taxes, but the tax credits also increase inflation.
Download or read book Brochure on Taxation of Income and Concessions to Industries in Pakistan written by Pakistan. Central Board of Revenue and published by . This book was released on 1960 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Towards a Fair and Just Fiscal Policy in Pakistan written by Vaqar Ahmed and published by . This book was released on 2015 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Underground Economy and Tax Evasion in Pakistan written by M. Ali Kemal and published by . This book was released on 2003 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax in Pakistan written by Pakistan. Central Board of Revenue and published by . This book was released on 1965 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book All Pakistan Income Tax Reports and Returns and Income Tax Revenue Statistics written by and published by . This book was released on 1968 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pakistan Investment Trade Laws and Regulations Handbook Volume 1 Strategic Information and Basic Laws written by IBP USA and published by Lulu.com. This book was released on 2008-03-03 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2011 Updated Reprint. Updated Annually. Pakistan Investment and Trade Laws and Regulations Handbook
Download or read book Global Forum on Transparency and Exchange of Information for Tax Purposes Pakistan 2022 Second Round Phase 1 Peer Review Report on the Exchange of Information on Request written by OECD and published by OECD Publishing. This book was released on 2022-08-16 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication contains the 2022 Second Round Peer Review Report on the Exchange of Information on Request for Pakistan. It refers to Phase 1 only (Legal and Regulatory Framework).
Download or read book Demand Analysis and Tax Reform in Pakistan written by Angus Deaton and published by . This book was released on 1992 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pakistan, like many LDCs, derives most of government revenue from indirect taxation. However, the system of taxes and subsidies has grown up piecemeal over the years. Previous exercises in price reform for Pakistan have been forced to make very restrictive assumptions about consumer preferences, and have typically used demand systems that prejudge what are the desirable directions of price reform. In this paper, the methodology of Deaton (1988, 1991) is extended and applied to the 1984-85 Household Income and Expenditure Survey. A theory of quality variation based on separable preferences is developed, and the implications for welfare and empirical analysis laid out. The prices of oils and fats and of sugar do not vary very much in the survey data, and the symmetry and homogeneity restrictions from the theory play an important part in obtaining sharp estimates of own and cross-price elasticities. The parameter estimates suggest that there are significant cross-price elasticities between the high-calorie foods and the presence of these substitution patterns means that the effects of potential price reforms are quite different from those that would be estimated using the traditional assumptions. Based on demand patterns alone, it would be desirable to raise government revenue by raising the consumer price of rice. However, in Pakistan it is not generally possible to decouple the producer and consumer prices of rice.
Download or read book The Theory and Practice of Tax Reform in Developing Countries written by Ehtisham Ahmad and published by Cambridge University Press. This book was released on 1991-07-26 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study on tax reform from basic economic principles with emphasis to guidelines for a practical tax reform for Pakistan.
