Tag Archives: World Bank calls for simpler tax regime

ISLAMABAD: Pakistan’s tax system needs an overhaul to simplify provisions, close loopholes and ensure equitable distribution of tax burden, the World Bank has said in its latest report. The report, ‘Enabling a Modern and Efficient Tax System’, said despite strategies and proclaimed intentions over the last two decades, the outcomes remain to be attained. “Instead of a complete system overhaul, which …

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