Rising Pakistan Economy
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Pakistani economy has the potential to grow over 10% per year. Economy is being documented and whitewashed with efforts of FBR, SECP and NAB.
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Corporate Tax Reforms
Corporate Tax Reforms in Pakistan
Tax policy plays an important part in inclusive growth, incomes and wealth redistribution. Owing to a narrow tax base in Pakistan, the ability of taxes to alter distribution of incomes in favour of the poorest income quintiles has been limited. This paper specifically makes a case where private sector has been realizing anticipated profits however their rising incomes did not result in progressive changes in tax contribution. The ability of tax administrative machinery to check evasion has also remained weak.
Another important matter is how a distortive tax policy is preventing entry of new firms and investments which can potentially create greater competition and enhance consumer surplus. Since 2007 Pakistan’s economy has been witnessing low levels of investment. Despite low interest rates, the private sector credit has not picked up. The exports have declined during a period when Pakistan enjoys preferential market access from the European Union and the United States. While large firms operating domestically continue to growth, the survival and growth of new firms is weak.
According to several recent studies, part of the answer to this problem may lies in the way taxes are helping cartelization through exemptions and preferences in the direct (corporate) tax structure. We discuss this view in the light of recent tax directory published by the Federal Board of Revenue. Making use of the key informant interviews and focus group discussions involving the business community, tax officials, trade and consumer associations, we present some recommendations for the reform of corporate taxation in Pakistan.
International business1. What is the current status of Pakistan in.pdf
International business
1. What is the current status of Pakistan in the world market place? support your answer with
research. please give citiation.
2. What is the ease of doing business in Pakistan? support your answer with research. please give
citiation.
3. Are other countries wanting to invest in Pakistan? support your answer with research. please
give citiation.
4. What do you see as the future of your country in the world market place? support your answer
with research. please give citiation.
Solution
Answer 1). According to World Bank report Pakistan ranks fourth in terms of value (4.2 billion
dollars) with the same global market share as Sri Lanka, although apparel’s share of total country
exports is lower at 19 percent. Foreign direct investment (FDI) has not played an important role;
in the apparel sector, the share of foreign-owned firms is estimated to be less than 2 percent, and
only slightly higher in the textile sector. Wages and working conditions are better in the formal
industry than in the large cottage sector, but short term or temporary contracts are widely used,
particularly for women. The September 2012 factory fire in Karachi recently highlighted poor
safety standards in the country. Pakistan can benefit from the following policies: increase
product diversity by reducing barriers on imports so as to ease access to manmade fibers (such as
duty and tax remission for exports, and export processing zones); attract foreign direct
investment (FDI) by adopting policies to reduce red tape and increase transparency to close the
gap with South Asian countries whose textile and apparel industries are located primarily on the
coast; diversify markets by taking advantage of access to emerging markets; shorten lead times
by improving road infrastructure to facilitate access to ports for exporting firms; shorten lead
times by clustering strategies to provide key infrastructure and common facilities; enhance
perceptions of stability as many buyers will not travel to Pakistan, which makes sourcing
complicated.
Answer 2) Pakistan has slipped three places on the Word Bank’s Ease of Doing Business Index
and is now ranked a lowly 147th among 190 economies, denting the government’s pro-business
image ahead of next general elections.
The index is mostly used as a guide by foreign investors to learn more about a country, aiding
decisions on pouring in money in the economy.
Pakistan, however, slipped from its last year’s rating despite the introduction of some reforms in
areas of starting a business and making international trade relatively easier. If one government
department is to be blamed for the overall poor performance, it is the Ministry of Finance, as the
country’s ranking nosedived on the indicators of paying taxes and getting credit.
The World Bank released the Doing Business 2018 report on Tuesday that covers 190 economies
and measures how close each economy is to global best practices in business regulations.
In South Asia, Bhutan.
Quality of Foreign Investment in Developing Economies
How quality of FDI, aid, and other capital inflows matter for developing economies?
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For six decades, Pakistan has faced, and overcome, conflict and calamity. Despite many obstacles, the country’s economy has grown steadily. At critical junctures, successive governments have adopted strategies suited to the circumstances of the day, and the nation has developed steadily due to these particular well-conceived initiatives. Yet, as a consequence of the reactive nature of policy formulation and implementation, the institutions of government are conditioned to think in terms of projects rather than strategies to support growth.
Today Pakistan confronts a new round of immediate challenges and urgent demands. Yet, it is precisely at this moment of apparent crisis—in the aftermath of a devastating flood and with security concerns continuing to dominate the national agenda—that the need to change the discourse about the country’s development has become most apparent. Reactive tactics and dependence on external aid are not helping Pakistan to develop or to realize its potential.
Sustained and sustainable development cannot come from a collection of projects, no matter how well intended. A New Development Approach is needed: Building markets. Building opportunity. Building cities. Building good governance. Including youth.
To realize Pakistan’s 21st-century potential, the nation’s political and business leaders must not only meet the demands of the present, but also—and perhaps more importantly—create a space for the future.
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Corporate Tax Reforms
Corporate Tax Reforms in Pakistan
Tax policy plays an important part in inclusive growth, incomes and wealth redistribution. Owing to a narrow tax base in Pakistan, the ability of taxes to alter distribution of incomes in favour of the poorest income quintiles has been limited. This paper specifically makes a case where private sector has been realizing anticipated profits however their rising incomes did not result in progressive changes in tax contribution. The ability of tax administrative machinery to check evasion has also remained weak.
Another important matter is how a distortive tax policy is preventing entry of new firms and investments which can potentially create greater competition and enhance consumer surplus. Since 2007 Pakistan’s economy has been witnessing low levels of investment. Despite low interest rates, the private sector credit has not picked up. The exports have declined during a period when Pakistan enjoys preferential market access from the European Union and the United States. While large firms operating domestically continue to growth, the survival and growth of new firms is weak.
According to several recent studies, part of the answer to this problem may lies in the way taxes are helping cartelization through exemptions and preferences in the direct (corporate) tax structure. We discuss this view in the light of recent tax directory published by the Federal Board of Revenue. Making use of the key informant interviews and focus group discussions involving the business community, tax officials, trade and consumer associations, we present some recommendations for the reform of corporate taxation in Pakistan.
International business1. What is the current status of Pakistan in.pdf
International business
1. What is the current status of Pakistan in the world market place? support your answer with
research. please give citiation.
2. What is the ease of doing business in Pakistan? support your answer with research. please give
citiation.
3. Are other countries wanting to invest in Pakistan? support your answer with research. please
give citiation.
4. What do you see as the future of your country in the world market place? support your answer
with research. please give citiation.
Solution
Answer 1). According to World Bank report Pakistan ranks fourth in terms of value (4.2 billion
dollars) with the same global market share as Sri Lanka, although apparel’s share of total country
exports is lower at 19 percent. Foreign direct investment (FDI) has not played an important role;
in the apparel sector, the share of foreign-owned firms is estimated to be less than 2 percent, and
only slightly higher in the textile sector. Wages and working conditions are better in the formal
industry than in the large cottage sector, but short term or temporary contracts are widely used,
particularly for women. The September 2012 factory fire in Karachi recently highlighted poor
safety standards in the country. Pakistan can benefit from the following policies: increase
product diversity by reducing barriers on imports so as to ease access to manmade fibers (such as
duty and tax remission for exports, and export processing zones); attract foreign direct
investment (FDI) by adopting policies to reduce red tape and increase transparency to close the
gap with South Asian countries whose textile and apparel industries are located primarily on the
coast; diversify markets by taking advantage of access to emerging markets; shorten lead times
by improving road infrastructure to facilitate access to ports for exporting firms; shorten lead
times by clustering strategies to provide key infrastructure and common facilities; enhance
perceptions of stability as many buyers will not travel to Pakistan, which makes sourcing
complicated.
Answer 2) Pakistan has slipped three places on the Word Bank’s Ease of Doing Business Index
and is now ranked a lowly 147th among 190 economies, denting the government’s pro-business
image ahead of next general elections.
The index is mostly used as a guide by foreign investors to learn more about a country, aiding
decisions on pouring in money in the economy.
Pakistan, however, slipped from its last year’s rating despite the introduction of some reforms in
areas of starting a business and making international trade relatively easier. If one government
department is to be blamed for the overall poor performance, it is the Ministry of Finance, as the
country’s ranking nosedived on the indicators of paying taxes and getting credit.
The World Bank released the Doing Business 2018 report on Tuesday that covers 190 economies
and measures how close each economy is to global best practices in business regulations.
In South Asia, Bhutan.
Quality of Foreign Investment in Developing Economies
How quality of FDI, aid, and other capital inflows matter for developing economies?
Creating a Place for the Future: Toward a New Development Approach for the Is...
For six decades, Pakistan has faced, and overcome, conflict and calamity. Despite many obstacles, the country’s economy has grown steadily. At critical junctures, successive governments have adopted strategies suited to the circumstances of the day, and the nation has developed steadily due to these particular well-conceived initiatives. Yet, as a consequence of the reactive nature of policy formulation and implementation, the institutions of government are conditioned to think in terms of projects rather than strategies to support growth.
Today Pakistan confronts a new round of immediate challenges and urgent demands. Yet, it is precisely at this moment of apparent crisis—in the aftermath of a devastating flood and with security concerns continuing to dominate the national agenda—that the need to change the discourse about the country’s development has become most apparent. Reactive tactics and dependence on external aid are not helping Pakistan to develop or to realize its potential.
Sustained and sustainable development cannot come from a collection of projects, no matter how well intended. A New Development Approach is needed: Building markets. Building opportunity. Building cities. Building good governance. Including youth.
To realize Pakistan’s 21st-century potential, the nation’s political and business leaders must not only meet the demands of the present, but also—and perhaps more importantly—create a space for the future.
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Money in Swiss Bank must be brought back besides scrutinizing assets of tax evaders.
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RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
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Tele-gram.
@Pi_vendor_247
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how to sell pi coins effectively (from 50 - 100k pi)
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Tax System, Behaviour, Justice, and Voluntary Compliance Culture in Nigeria -...
Tax System, Behaviour, Justice, and Voluntary Compliance Culture in Nigeria -...Godwin Emmanuel Oyedokun MBA MSc PhD FCA FCTI FCNA CFE FFAR
Lecture slide titled Tax System, Behaviour, Justice, and Voluntary Compliance Culture in Nigeria - Prof Oyedokun.pptxThis assessment plan proposal is to outline a structured approach to evaluati...
This assessment plan proposal is to outline a structured approach to evaluati...lamluanvan.net Viết thuê luận văn
Luận Văn Group hỗ trợ viết luận văn thạc sĩ,chuyên đề,khóa luận tốt nghiệp, báo cáo thực tập, Assignment, Essay
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Tham gia nhóm hỗ trợ viết bài fb: https://www.facebook.com/groups/285625754522599?locale=vi_VNHow to get verified on Coinbase Account?_.docx
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
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What price will pi network be listed on exchanges
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
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how can I sell pi coins after successfully completing KYC
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