Economics, Econometrics and Finance
2 years ago

Pakistan's Tax System Faces Major Problems, Urgent Reforms Needed for Fairness.

Pakistan Journal of Social Research
ISSUES IN PAKISTAN’S DIRECT TAXES: AN EXAMINATION OF THE RECENT PROBLEMS IN THE INCOME TAX ORDINANCE, 2001
Ali Shouzab, Abida Yasin, Taimoor Raza Sultan

Paper Summary

Pakistan relies more on indirect taxes than direct taxes for revenue. Recent changes in the income tax law have led to various issues, such as tax on deemed income, super tax, active taxpayers list, and withholding taxes. This paper examines these problems and suggests solutions for a better direct tax system in Pakistan.

Related papers

Business, Management and Accounting
8 years ago

New Income Tax Principles Impacting Global Residents and Double Taxation Relief

EU Tax Law
Tax Avoidance
2 views
Economics, Econometrics and Finance
4 years ago

Norwegian tax reform proposal allows non-distortionary double taxation of corporate equity.

Infrastructure Impact
Tax Avoidance
Retirement Planning
2 views
Business, Management and Accounting
4 years ago

Corporate profit manipulation leads to massive tax income shortfalls.

Tax Avoidance
Value-based Management
2 views