Further to KQU 3181 dated 8.1.25, being an important matter, we would inform you about Third Edition of Towards Broad, Flat, Low-rate and Predictable Taxes (Attachment 3001.1) by Mrs Huzaima Bukhari & Dr Ikramul Haq via PRIME.

2.   PRIME is an economic policy think tank working for an open, free and prosperous Pakistan. It has five broad functions: conduct independent and rigorous analysis, provide timely policy appraisals, organize dialogues, educate the public and train young economists.

3.   The study titled "Towards Broad, Flat, Low-rate and Predictable Taxes" by Huzaima Bukhari & Dr. Ikramul Haq (2016) analyses the structural and operational weaknesses of the existing tax system at federal level and suggests alternate solutions in the areas that require fundamental reforms. This study, as updated in October 2024 argues that taxpayers have to deal with multiple tax agencies adding to their cost of doing business and the non-existence of tax-related benefits is the most neglected area of our discourse on reforms. It highlights the existing fourtier tax appellate system, how it has failed to deliver and the alternate system which can be adopted.

4.   Attachment 3001.1 consists of 188 pages with Interesting Content on pages 5 to 8. If your Goodself has little time, please look at the Content page and then refer to the relevant details thereafter.

Further Details & Services

Should you require any clarification or explanations in respect of the above or otherwise, please feel free to email Mr Amsal at amsal@kasbati.co with CC to info.kasbati@professional-excellence.com.