Pakistan misses tax reform targets

In the first half of its five-year constitutional term, the Pakistani government has made very little progress towards achieving 10 electoral promises about reforming tax system, ending corruption in tax machinery and moving towards more equitable taxation, says a report of an independent think tank

Feb 06, 2021
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In the first half of its five-year constitutional term, the Pakistani government has made very little progress towards achieving 10 electoral promises about reforming tax system, ending corruption in tax machinery and moving towards more equitable taxation, says a report of an independent think tank.

Over the last two and a half years, out of the 10 promised tax reforms related targets, one has been fully achieved, according to a review of tax reforms under the Pakistan Tehreek-e-Insaf (PTI) government by the Policy Research Institute of Market Economy (PRIME). The PTI came to power in August 2018.

PRIME said that six targets had been partially achieved, one was less than partially achieved and two remained unattended to. It added that work in some areas was limited only to the extent of files and there was no progress on the ground. But the report underlined that two and a half years were not enough to roll out tax reforms in any country, let alone a country like Pakistan that faces various socio-economic challenges.

https://tribune.com.pk/story/2282819/govt-misses-tax-reform-targets

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