The last Tax Amnesty Scheme was announced by the Pakistan Tehreek-e-Insaf (PTI) government in 2019 and promulgated through an Act of Parliament titled as "Assets Declaration Ordinance, 2019" passed on May 14, and was valid till June 30, 2019.The number of new (more) taxpayers brought into tax net, thereafter...

The economic development is a wider concept: a process that seeks to improve the economic well-being and quality of life for a community. However, the following indicators which are widely used to measure economic development reflects the economic development in the Country during the years 2008 to 2023;Details of economic...

By Mati Ullah KhanSince Pakistan Democratic Movement (PDM) led by Pakistan Muslim League-Nawaz (PML-N) voted out the Pakistan Tehreek-e-Insaf (PTI) government in April 2022 and took over the reign of the Country, a narrative has consistently been propagated that it was former Prime Minister Imran Khan who pushed the...

By Mati Ullah KhanPakistan has been governed by all mainstream political parties since last one-and-half decade; however, it could never overpower the shackles of economic instability and in fact the Country now remains on the verge of default.It would be unfair to pin a blame of the dismal state...

Pakistan’s IT & IT-enabled Services (ITeS) Sector is making significant contribution to exports and foreign exchange earnings.During July to December of Fiscal Year (FY) 2022-23, export remittances of US$ 1.333 billion have been realized by the IT & ITeS Industry, the highest among all Services at 37.8% of total...

By Mati Ullah KhanExcept its third term in the Office, Pakistan Muslim League-Nawaz (PML-N) has also always plagued with heightened inflation like its once arch-rival Pakistan People's Party (PPP) was found dealing with throughout its 16 years of governance at the Centre.In 1990s, PML-N's Nawaz Sharif ascended to the...