THE TAXATION SYSTEM: CHALLENGES AND OPPORTUNITIES

Pakistan's fiscal system faces significant obstacles. Broadening the tax base remains a major task, as the current system relies heavily on limited taxes. Moreover,Furthermore,Additionally, issues like tax evasion erode revenue generation. To address these issues, Pakistan must implement reforms that enhance tax administration. These kind of reform

As the financial year draws to a close, Pakistani businesses are feeling a transformation in the tax landscape. A updated tax regime is scheduled to be introduced from July 1st, ushering in both opportunities and reservations. Analysts are concise on the potential impact of this ambitious move. Some argue that it will stimulate economic growth by e