New, improved tax model suggested
Budget proposals have no significant impact
Tax burden on the poor is gradually increasing
Islamabad: [May 25]
The Pakistan Economy Watch (PEW) on Wednesday suggested an improved tax model that can generate adequate resources for the government without hampering economic growth and provide economic justice.
The new model can help transfer resources to public use in an efficient manner ensuring social justice for weaker sections of the society, it said.
Majority of budget proposals have no significant impact on economic growth as policymakers ignore it, said Dr. Murtaza Mughal, President, PEW adding that it is a useless exercise as unfair tax regulations continue to hurt the growth.
0 comments:
Post a Comment