THE TAXATION SYSTEM: CHALLENGES AND OPPORTUNITIES

Pakistan's revenue system faces significant obstacles. Deepening the tax base remains a crucial task, as the current system relies heavily on limited taxes. Moreover,Furthermore,Additionally, issues like tax evasion erode revenue generation. To tackle these difficulties, Pakistan must implement reforms that enhance tax enforcement. Such reforms can

As the fiscal year nears to a close, Pakistani businesses are experiencing a transformation in the tax landscape. A brand-new tax regime is expected to be implemented from July 1st, introducing both potential benefits and reservations. Analysts are divided on the potential impact of this ambitious move. Some argue that it will boost economic growth