IMF Report Flags Deep Governance Flaws in Pakistan’s Tax System, Calls for Urgent Structural Reforms
An IMF Governance and Corruption Report reveals major structural weaknesses in Pakistan’s tax system, highlighting excessive complexity, persistent corruption risks, and the urgent need for an independent Tax Policy Office to drive long-term reform.
Over 80 Organizations’ Data Utilized in Compiling Pakistan’s Tax Expenditure Report 2025
The Federal Board of Revenue has issued the Tax Expenditure Report 2025, relying on data from more than 80 organizations to calculate the true cost of tax exemptions. Provincial Boards of Revenue, federal agencies, financial institutions, and private sector organizations all contributed to ensure a comprehensive and transparent assessment.