New taxes of Rs255bn in FY14-15 budget likely

[SBD-3]

carrot doesnt work.

So what makes you so sure that stick definitely would?

did the tax amnesty work?

To an extant, yes and to a larger extent no. Because the costs of making money white are low in Pakistan (Prize Bonds and Real Estate)

massive tax frauds happen in imports and exports . the known fraud and exceptions is in billions

Under-invoicing and over-invoicing also has its roots in some rigid legislation.

 

[ziaulislam]

So what makes you so sure that stick definitely would?

To an extant, yes and to a larger extent no. Because the costs of making money white are low in Pakistan (Prize Bonds and Real Estate)

Under-invoicing and over-invoicing also has its roots in some rigid legislation.

what the hell, it was an extreme, extreme disappointed, govt didnt collect even a few million rupees!!!
strong stick and better carrot will work, whats the punishment for tax evasion in Pakistan, nothing..
whats the punishment in USA, second only to death punishment usually life imprisonments

Hit and miss: Amnesty scheme an abysmal failure, data shows – The Express Tribune