The federal government’s failure to expand the tax net and curb tax evasion has resulted in a tax shortfall that may widen to around Rs400 billion by the end of December. This alarming scenario underscores the growing financial strain on Pakistan’s economy.
There is an urgent need for collective responsibility to expedite measures against tax evasion, which remains a significant source of revenue leakage.
Usama Ghulam Rasool
Karachi
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