Government misses tax reform targets.

In the first half of its five-year constitutional term, the government has made very little progress towards achieving 10 electoral promises about reforming tax system, ending corruption in tax machinery and moving towards more equitable taxation, says a report of an independent think tank.

Over the last two and a half years, out of the 10 promised tax reforms related targets, one has been fully achieved, according to a review of tax reforms under the Pakistan Tehreek-e-Insaf (PTI) government by the Policy Research Institute of Market Economy (PRIME). The PTI came to power in August 2018.

PRIME said that six targets had been partially achieved, one was less than partially achieved...