IMF sees surge in Pak economy

[dawn_news]

But they collecting money through indirect taxes.... They have lowered the corporate tax and increased they tax on salaried class people.... Pakistani are buying the most expensive petroleum products due to indirect taxes even the dollar prize has got lowered....

Pak GDP to Tax ratio is just 9-10%. While in India its 18% i think, almost double. For exemple last year Pakistan collected $25 billion. While in India Maharastra alone collected $22 billion.

 

[he-man]

you cant print dollars like that. any body knowing econmics will know that

Thats the usa for u.
They can do anything as long as the dominating currency is dollar

 

[he-man]

Pak GDP to Tax ratio is just 9-10%. While in India its 18% i think, almost double. For exemple last year Pakistan collected $25 billion. While in India Maharastra alone collected $22 billion.

Thats what I said before.
This imf may push pakistan towards tax reforms tpgat will eventually help u ppl only

 

[dawn_news]

Thats what I said before.
This imf may push pakistan towards tax reforms tpgat will eventually help u ppl only

Goverment target is 13-14% ratio in 3 year. Basically revenues will have to increase to $45 billion to archive that target. So IMF conditions can help Pakistan in the long run.