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Essay on tax culture in pakistan


essay on tax culture in pakistan

bajra legumes, and vegetables, pulses were introduced. Among certain obligations for Muslims are to pray five times a day - at dawn, noon, afternoon, sunset, and evening. . On a grander scale it can mean paying an accountant or tax expert to exploit loopholes in the law to minimize your tax bill. The reason they feel our system is outdated because now most of the countries in the world including the developing countries are eliminating the loopholes in tax collection system by introducing the Value Added Tax (VAT) and by increasing the tax net through VAT. Corruption Research Paper.there is corruption in the New York police system but you know what, its everywhere as well. Secondly, reforming Pakistani taxation; certain actions such as reestablishment of the State Tax Organization, restructuring the law of direct taxation, introducing and implementing the value added tax, as a complimentary to the reformation of the existing law of direct taxation and as an efficient and co-ordinate. Additionally, ethnic problems particularly in the provinces of Sindh and Baluchistan have recently assumed dangerous proportions. It has just come up with a list of the 10 most corrupt rulers. Initially, most manufacturing activity consisted of the processing of agricultural raw materials, like establishment of cotton textile mills, and production of sugar, paper, tobacco and leather. In a recent survey conducted by the Transparency International, Pakistan ranks lowered from 42th most corrupt country to 34th country in the world. Lahore and its metropolitan area gained enormously during the late 1960s and early 1970s and began to industrialize rapidly when Karachis ethnic problems stemming from the Mujahirsthe Urdu- speaking refugees from India after the subcontinents partitionwho demanded greater recognitionbecame increasingly strident. Introduction of high- yielding varieties of rice and wheat, and extension of the existing irrigation system by the construction of tube wells clement greenberg essays pdf and canals into the arid lands in the Punjab and Sind increased crop productions substantially.

Every person, who is part of the production supply chain, is required to get registered with VAT if he/she is engaged in carrying out business activity of making supplies of taxable goods/services. Here are some examples: Each type has different origins and characteristics, and therefore requires different solutions. Cite This Essay, to export a reference to this article please select a referencing stye below: Essays,. Examples include some income taxes, some corporate taxes, and transfer taxes such as estate (inheritance) tax and gift tax.



essay on tax culture in pakistan

Like other countries there are two types of tax prevailing in Pakistan.
One is Direct tax and other is Indirect Tax.
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Essay on Typology of Environmental Problems.
Current Tax Regime in Pakistan - An Overview.2.

The Baluchi tribesmen, inhabiting plateaus southwest of the the essay ben jonson pub wigan Northwest Frontier Province adjacent to Iran and Afghanistan and covering nearly one-third of the national territory, speak Baluchi language which, like Pushtu, is more related to Persian than to the Indo-European Punjabi speech (one group, the Brahui. Shortage of energy is a major concern for the countrys economic development. Available from: p?vref1 Accessed Reference Copied to Clipboard. Thus, the value added tax, in addition to compensating the income decrease of the government, can also increase the government tax revenues. But, corruption itself has a broader meaning beside that, corruption itself come from the word corrupt which also mean defective. We can find several countries having corrupt regime but yielding excellent economic results and other countries with clean regime showing very poor results in terms of economic prosperity and growth. Vref1 titleTaxation System In Pakistan m dateNovember 2013 accessdate locationNottingham, UK Reference Copied to Clipboard. But with the negative effects, payment of taxes has positive consequences as well; paying taxes improves the credibility of organization. When in 2010 implementation of VAT was proposed, online registration of tax payers was also proposed. Successfully reported this slideshow. Blogging is a new system online now for people to put down their thoughts and feeling about things and its a very depressing thing to read sometimes. Main Concern of Pakistan's Tax Policy.

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