Welfare and Finance Bill 2018-19 on October 1, 2018Welfare and budget making are the two interlinked core concepts determining the strength of the relationship between a country's government and people. The welfare which people expect from the government does not refer to ease in cost of living. The cost of living is determined by the number of taxes and provision of basic facilities which can ensure minimum standards of living. Prior to the … [Read more...] about Welfare and Finance Bill 2018-19
Welfare and Finance Bill 2018-19 on September 30, 2018Welfare and budget making are the two interlinked core concepts, determining the strength of the relationship between any government of a country and people living in that country. Approach of welfare which people look forward and expect from the government is the ease in cost of living. This cost of living is in the form of reduced taxation and provision of basic facilities to ensure minimum … [Read more...] about Welfare and Finance Bill 2018-19
Impact of withholding taxes on welfare on September 11, 2018Taxes are termed one of the most important source of revenue for the government and its related machineries. These taxes should be more focused on direct taxes, where tax payers liable and coming in the income group where taxes are applicable. Looking at these basics and bringing it to the Pakistani perspective, numbers do show that Pakistani authorities and revenue collecting frameworks are more … [Read more...] about Impact of withholding taxes on welfare
Addressing the gaps in Swat’s economic plans on July 14, 2018Swat, a valley and administrative district of Khyber Pakhtunkhwa province, is renowned for its natural beauty and hospitality. It is centred upon various portions of the Swat River. Until 1969, it was part of the Yusafzai State of Swat, a self-governing princely state which ran the concept of welfare and prosperity for the people.It was governed by King Waali and had administrative dominance of … [Read more...] about Addressing the gaps in Swat’s economic plans
The weight of our water and energy crises on June 27, 2018The water crisis in Pakistan is worsening with each passing day, and the increasing population growth along with drastic changes in climate have only added to this alarming situation. In a recently released report, the International Monetary Fund (IMF) has pointed out that of the countries facing water shortages, Pakistan takes the third worst position. If one looks at Pakistan's water … [Read more...] about The weight of our water and energy crises
Investment in Pakistan: the way forward on May 2, 2018Growth in a country’s economy is determined by the high level of investment, exports and employment of more considerable human and financial resources. Unfortunately, investment inflow numbers for Pakistan are not very much appealing during the last five years. The current government, which took over in 2013, saw an investment inflow of $2665.3 million in its first fiscal year, which till March … [Read more...] about Investment in Pakistan: the way forward
Pakistan’s tax reform agenda on April 10, 2018Depending on the demography, level of economic growth and existence of economically backward regions and communities, a progressive tax policy with efficient administration can lead to income and wealth distribution. This objective of efficient administration of tax policy is associated with the management of fiscal policy. For the last many decades, in case of Pakistan, fiscal mismanagement … [Read more...] about Pakistan’s tax reform agenda
Facilitating businesses to boost trade on March 20, 2018The cost of doing business in Pakistan is on a downward trend. In recent figures for the cost of doing business in different countries of the world, Pakistan is ranked at 147, according to the World Bank’s cost of doing business report. The ranking is based on various indicators such as starting a business, dealing with construction permits, getting electricity, registering property, getting … [Read more...] about Facilitating businesses to boost trade
Achieving export targets on February 27, 2018Trends show that Pakistan’s total trade during 2013-17 has been declining. During this period, exports have declined from $24.46 billion in 2013 to $20.44 billion in 2017. It was during this very same period and same global market conditions that other countries such as Bangladesh, India and Vietnam made gains in the export market share of those commodities in which Pakistan was once considered a … [Read more...] about Achieving export targets
Accessing justice through ADRs on January 27, 2018Alternative Dispute Resolution (ADR) is an important pillar of justice system which gives parties in dispute the opportunity to work through disputed issues with the help of a neutral third party. It is generally faster and less expensive than going to court. According to different studies by the end of 2017, total number of cases reported and pending at different courts is 1.87 million. These … [Read more...] about Accessing justice through ADRs
