Tag Archives: revenue generation

In a significant move aimed at bolstering revenue and reducing the tax burden on current taxpayers, Pakistan’s Finance Minister, Muhammad Aurangzeb, announced that the government is abolishing the category of non-filers from its tax laws. Speaking in an interview with Voice of America during his visit to New York, the finance minister emphasized the need for a more streamlined and …

Introduction: Pakistan International Airlines (PIA) finds itself in a tax dispute with the Federal Board of Revenue (FBR) as the FBR takes the drastic step of freezing the airline’s bank accounts. This move comes at a critical time when the government has shifted the burden of revenue generation onto the general public, leading to growing concerns about the fairness of …