Tax System In Pakistan; A Critical Evaluation and Recommendation for change

This report, prepared by a working group, critically evaluates the tax system in Pakistan while concluding that it has failed to achieve the objectives of growth, equity and efficiency. Putting forward various recommendations for tax reforms, the report conveys that in order to achieve the important socio-economic objectives including the Islamization of the financial system, the prevailing system needs a complete overhauling and bold measures aimed at striking the roots of the problem.

This report, prepared by a working group, critically evaluates the tax system in Pakistan while concluding that it has failed to achieve the objectives of growth, equity and efficiency. Putting forward various recommendations for tax reforms, the report conveys that in order to achieve the important socio-economic objectives including the Islamization of the financial system, the prevailing system needs a complete overhauling and bold measures aimed at striking the roots of the problem.