Determining Property Tax in Pakistan: Understanding Fair Market Value
Property taxes are an important source of revenue for governments all over the world, and Pakistan is no exception.
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Category: OPINIONS
Rupee devaluation main culprit behind surge in petroleum prices
Massive Pakistani Rupee (PKR) depreciation against the US dollar is main culprit behind significant surge in petroleum prices in the country.
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Climate Change: A pandemic we must collectively address now
(The article is written by Fida Kibbi, Vice President and Head of Marketing, Communications and Sustainability & Corporate Responsibility at Ericsson Middle East and Africa) During COP27, that took place in Egypt, world leaders have grappled over what must be done to curb global warming. Seven years ago, world leaders signed an international treaty to […]
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Petrol to become more precious than gold
People of Pakistan are in shock after back to back increase in petroleum prices up to 50.71 per cent by the government. The coalition government led by PML-N in a span of one week jacked up the prices of petroleum products first on May 26, 2022 and second on June 02, 2022. Petrol, which is […]
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High inflation leads to street crime
It is generally known that affordability issues in buying essential items lead to rise in street crime. Pakistan is witnessing massive surge in prices of essential items over the period of last few months with the rise in prices of commodities in both international and domestic markets. The new coalition government by PML-N in a […]
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Suppressed sales tax auditors and challenging revenue collection
KARACHI: Sales Tax / Value Added Tax (VAT) is the most significant source of tax collection in the world. Unlike direct tax it is known as tax on consumption and involves various ways and means to avoid/evade legitimate government revenue.
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