Two and a half years of PTI, very little progress in tax reform

Partial implementation of 6 out of 10 promises, most cases could not go beyond the files.

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has completed its two-and-a-half years, but little progress has been made in reforming the tax system, eliminating corruption from the tax machinery, and implementing equal and uniform taxes.

The Pakistan Tehreek-e-Insaf (PTI) has completed half of its five-year constitutional term, ie two and a half years, but has failed to deliver on most of the various promises made during the elections. And uniform tax enforcement rules were also included, according to a report released by the Policy Research Institute of Market Economy.

According to the report, PTI had made 10 promises during the elections, out of which 6 have been partially fulfilled while one has just been implemented and the other two are still waiting to see when the government will pay attention to them. ۔ Most of the cases have not gone beyond the files and no progress has been made.

According to the report, two and a half years are not enough to bring tax reforms in a country like Pakistan where many social and economic issues are already facing.

PTI had promised to make the FBR an independent body and in this regard, it has also separated its policy board. However, this practice has been inactive since February 2019 as its core functions have not been identified yet. Has been

On the other hand, so far five FBR chiefs have been replaced and new ones are due to retire in the next two months.

According to the report, PTI had promised to reduce various taxes levied on business and in this case, however, some better steps have been taken and taxes levied on the corporate sector have been reduced along with the introduction of the online system.

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