Shehbaz Sharif on Wednesday called for reducing direct taxes across all sectors in the upcoming federal budget, emphasizing the need to support business, attract investment, and accelerate economic growth. Read More: Pakistan Pushes for Tax Relief to Boost Growth Speaking at the Pakistan Governance Forum 2026 in Islamabad, the prime minister said the government must shift its focus […]
tax policy
FCC upholds super tax, overturns high court verdicts
The Federal Constitutional Court (FCC) on Tuesday declared the super tax constitutionally valid, setting aside earlier judgements of the high courts and affirming parliament’s exclusive authority to impose taxes under the Constitution. Read More: FCC adjourns hearing of super tax case until today In a landmark ruling, the FCC upheld Sections 4-B and 4-C of the Income […]
A practical path to ending Pakistan’s IMF dependence
Economists Nadeem ul Haque and Shahid Kardar argue that Pakistan’s repeated reliance on the International Monetary Fund (IMF) is not the result of a lack of ideas, but of deep-rooted structural flaws in the country’s economic system that continue to generate balance-of-payments crises. Read More: Why Pakistan cannot depend on IMF support indefinitely In an opinion piece, the authors […]
Traders announce nationwide protests over mandatory POS machines
Traders across the country have announced nationwide protests on January 16 if the government does not withdraw its directive making the installation of point of sale (POS) devices mandatory. The announcement was made during a protest rally in Islamabad on Tuesday. The rally was organised by the All Pakistan Anjuman-i-Tajran and the Traders Action Committee […]
Devising a rational tax policy
There is a national consensus that existing tax policy needs to be reformulated to provide an equitable, pragmatic, investment-oriented and business-friendly tax system, integrating good tax administration with simplified tax laws that are easily understood and hassle-free from the implementation perspective. Efforts of the government in the past to reform the tax system through special […]