Squeezing tax from easy targets

ISLAMABAD: The federal government’s demand that provinces share the burden of the Federal Board of Revenue (FBR) collection shortfalls underscores an unsustainable fiscal strategy. The honest answer is that it is mostly political economy, not administrative incapacity, analysts say. There are some structural issues as well, but political economy remains at the heart of the problem. The Pakistan Economic Survey FY26 lists reforms ranging from digitalisation to enforcement that have yielded som...

By none@none.com (Mubarak Zeb Khan)