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Tackling the Challenge of Tax Compliance

Tax Compliance

Being relatively less distortionary, direct taxes tend to accelerate economic growth, provided the tax base is broad enough to ensure equitable sharing of tax burden by the economic agents. Voluntary tax compliance (VTC) is considered more efficient and cost-effective method of revenue collection through direct taxes. This could be an immediate explanation why the tax authorities in the modern economies …

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Right to Information

Right to Information

A powerful social accountability tool Freedom of information is not only a human right, but also an essential tool to engage and empower citizens to demand accountability from governments, and fight corruption. That is why ‘right to information’ (RTI) and the relevant laws, as well as the associated institutions have become a symbol of a society’s commitment to good governance. …

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Streamlining Pakistan-India Relationship

Pakistan-India Relationship

By: Asad Hussain The ever-worsening bilateral relationship of the two archrivals, Pakistan and India, is fast moving towards an unmanageable phase of circumstances. During the recent months, a warlike situation has been witnessed on the Line of Control (LoC) and in India-occupied Kashmir. The two neighbouring states are excessively involved in waging propaganda wars only to defame each other. The …

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Change Management in the Justice Sector of Pakistan

Justice Sector of Pakistan

Introduction Change is equal to resistance: the outlook is true for the public sector and more so for the justice sector of Pakistan. In mathematical proportions, the increasing expectations and the decreasing patience on the part of the public are proportional to the increasing inertia and decreasing flexibility on the part of organizations and institutions in the public sector. Strangely …

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Fighting Climate Change in Pakistan

Fighting Climate Change in Pakistan

By: Sarfraz Saroya ‘Plant for Pakistan’ and other possible avenues While Pakistan is facing multifarious challenges like a sagging economy, depleting foreign exchange reserves and a skyrocketing trade deficit, there is another serious problem which will put Imran Khan’s cabinet in real trouble: climate change. When he unveiled his party’s 100-day plan for the country in May 2018, he showed …

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Sustainable Development Goals

Sustainable Development Goals

By: Qurat ul Ain Aman In the Context of Pakistan Being a developing country, Pakistan is grappling with a number of issues at present. These issues are not just limited to the social sector but also include economic and political domains. Strenuous efforts are being put in, both by the government and the private sector, to bring prosperity to the …

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The Aggravating Water Crisis

The Aggravating Water Crisis

By: Asad Hussain Water is the most important element for the survival of living beings; without it life cannot sustain. Unfortunately, Pakistan has been facing severe blows and acute problems owing to the scarcity of water. According to a report by the Washington-based World Resources Institute, Pakistan will be the most water-stressed country in the South Asian region by 2040. …

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Standardizing Sales Tax Regime

Standardizing Sales Tax Regime

An imperative to reducing tax evasion To pay debt servicing charges of $7.479 billion (principal amount of debt $5.186 billion plus interest amount of $2.293 billion) for the fiscal year 2018, the government is in dire need of funds. Therefore, to meet its obligations and to finance budget of Rs 5,103.8 billion during 2018-19, the government will be searching new …

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Industrial Sector in Pakistan

Industrial Sector in Pakistan

Issues and Opportunities Since the dawn of the Industrial Revolution and the invention of assembly line techniques of mass production by Henry Ford, the industry has been playing a critical role in job creation, urbanization and expansion in world trade. In addition to economic significance, the industry has contributed massively to countries’ bilateral and multilateral relationships and has even helped …

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NAYA PAKISTAN AND THE AFGHANISTAN CHALLENGE

NAYA PAKISTAN AND THE AFGHANISTAN CHALLENGE

Among many daunting issues and challenges Prime Minister Imran Khan has inherited from the PML-N government on internal and external fronts, the one related to handling Afghanistan crisis is perhaps the most critical. In his very first telephonic conversation with US Secretary of State, Michael Pompeo, the issue of terrorism and fighting militancy in Afghanistan became a hot topic and …

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