1+ week, 9+ hour ago  (487+ words) This is evident from the recent increase in the tax-to-GDP ratio, from 9. 3 per cent of GDP in FY23 to 11. 1pc in FY25. Much of this improvement has come from further squeezing an already narrow tax base. The overall income tax incidence on the…...

1+ week, 5+ day ago  (286+ words) When that trust holds, people comply " not because they are forced to, but because they believe in the system. Across many countries, most citizens say cheating on taxes is wrong. Compliance breaks down not because people reject taxation, but because…...

2+ mon, 2+ week ago  (164+ words) Labs directed to register, pay 2pc ST'Dawn Get the latest news and updates from Dawn QUETTA: The Balochistan Revenue Authority (BRA) has directed laboratories conducting pathological, radiological, and other diagnostic tests in the province to ensure their registration with the authority…...

2+ mon, 3+ week ago  (698+ words) ISLAMABAD: The Federal Board of Revenue (FBR) missed its projected collection target by a staggering Rs429 billion during the first eight months of 2025-26. However, the collection recorded an 11 per cent increase to Rs8. 121 trillion during July-February FY26, compared with Rs7. 334tr raised in the same…...

11+ mon, 4+ day ago  (214+ words) THERE will be no more tax exemptions or tax amnesty schemes, declared Finance Minister Muhammad Aurangzeb on Thursday. "We are now focused on expanding the tax net, and that process is actively underway," he remarked while addressing concerns expressed by…...

11+ mon, 4+ week ago  (1643+ words) In the 1930s, John Maynard Keynes argued that lower tax rates can sometimes increase government revenues. He wrote in his 1933 book The Means to Prosperity: "Nor should the argument seem strange that taxation may be so high as to defeat its…...