PAKISTAN'S TAXATION SYSTEM: CHALLENGES AND OPPORTUNITIES

Pakistan's fiscal system faces significant hurdles. Deepening the tax base remains a major task, as the current system relies heavily on few taxes. Moreover,Furthermore,Additionally, issues like non-compliance erode revenue generation. To mitigate these issues, Pakistan must implement reforms that enhance tax enforcement. These reforms must include

As the financial year approaches to a close, Pakistani businesses are grappling with a transformation in the tax landscape. A brand-new tax regime is scheduled to be introduced from July 1st, introducing both challenges and worries. Industry experts are concise on the potential impact of this bold move. Some argue that it will revitalize economic g