Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Islamabad

Non-taxpaying elite: Britain may halt development fund to Pakistan

byCustoms Today Report
26/12/2013
in Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: With an average of almost half the parliamentarians from all over Pakistan not paying their due and proper taxes, the British government can diminish development funds to Pakistan.

These fears have risen after the publication of a report in Pakistan, which also shows that every tenth member of Pakistan’s national and provincial assemblies doesn’t even have a National Tax Number (NTN).

You might also like

Finance minister discusses REITs growth with stakeholders

02/05/2026

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

02/05/2026

Government and opposition politicians in Britain have repeatedly called on Pakistan to increase its tax base and introduce reforms that could help collect more taxes and make the economy more accountable and formal. British politicians are of the view that the government in Pakistan has to introduce genuine and stiff reforms that ensure the collection of taxes at the top.

The UK politicians have sounded warnings that it will become difficult for Britain to continue funding Pakistan if its rich class fails to act responsibly.

A British government source has said that the UK government was closely monitoring the situation of tax collections in Pakistan and was waiting to see how Nawaz Sharif’s reforms brought about a real change, not just minor improvements.

The UK media said that Pakistan has one of the lowest of tax to GDP ratio in the world but less than 1% of its citizens file their income tax returns.

 

Tags: Taxation

Related Stories

Finance minister discusses REITs growth with stakeholders

byCT Report
02/05/2026

ISLAMABAD:Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Saturday chaired a virtual meeting of the Focus Group to...

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

byCT Report
02/05/2026

LAHORE: Prime Minister Shehbaz Sharif held a meeting with Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin...

CM’s advisor Ali Mustafa Dar unveils AI governance plan

byCT Report
02/05/2026

RAWALPINDI: Advisor to the Chief Minister of Punjab on Artificial Intelligence and Special Initiatives, Ali Mustafa Dar, has announced that...

Pakistan’s inflation hits two-year high at 10.9pc in April

byCT Report
02/05/2026

ISLAMABAD: Pakistan’s inflation surged to a near two-year high of 10.9% in April, driven by rising fuel prices, global supply...

Next Post

Goods transporters threaten strike over non-redressal of grievances

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.