FEBR calls for removing inefficiencies in tax collection.

LAHORE -- The Friends of Business and Economic Reforms (FEBR) President Kashif Anwar has said the sustainable solution to Pakistan's problems lies in the structural reforms, as we can see very large inefficiencies in tax collection, which needs to be removed. So, the tax compliance must be improved and tax base be broadened, which cannot be achieved with a single policy change, but by a systemic approach. He said that only direct taxes can improve tax collection, as the existing tax system is heavily skewed toward indirect taxation. Kashif Anwar said the non-filers, who are outside the tax net, are not accounted for at all, which discourages businesses to come into the tax net, calling for legislations

through parliament for protection of the rights of the existing taxpayers. Registered businesses are required to comply with various departments involving a lot of financial and time resources, whereas...