THE TAXATION SYSTEM: CHALLENGES AND OPPORTUNITIES

Pakistan's fiscal system faces significant hurdles. Expanding the tax base remains a major task, as the current system relies heavily on limited taxes. Moreover,Furthermore,Additionally, issues like non-compliance erode revenue generation. To mitigate these problems, Pakistan must introduce reforms that improve tax administration. These reforms can

As the fiscal year approaches to a close, Pakistani businesses are grappling with a shift in the tax landscape. A revised tax regime is expected to be introduced from July 1st, bringing both challenges and worries. Analysts are mixed on the potential impact of this ambitious move. Some argue that it will revitalize economic growth by raising govern