Opinion
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SECP's Regulation Relaxation Spree
The Securities and Exchange Commission of Pakistan (SECP) is on a relaxation spree, amending rules and regulations governing the markets.…
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Expanding Reach of Islamic Banks
With a futuristic approach, Islamic banks are now trying to find Shariah-compliant mode for overnight borrowings from the State Bank…
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Regulators in Search of their Role
Financial regulators seem to be in search of their role far beyond the bee-line of notifications and circulars, as there…
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The Shameful Tax Gap
The tax gap — the difference between sum of tax owed and amount of tax paid voluntarily and on time —…
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Data Governance for Business Development
One of major contributor for effective monitoring of market trends, to gain competitive edge, innovate and achieve revenue growth, is…
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Tax Net: Where is the Hole?
The tax net issue surfaces on the radar screen on a number of occasions. First, when the original target is…
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Cash Accounting and Budget Deficit
Budget is not just a book-keeping exercise for recording government receipts and expenditure. It is a significant instrument of economic…
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Implementation of Value-Added Tax (VAT)
Value-added Tax (VAT), or GST in VAT mode is usually implemented in robust/sustained economies but fortunately (or rather unfortunately )…
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Overcoming Mistakes Made During the Recession
The recession has put managers to the test in ways they likely had not experienced in the past. Often, choices…
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Value-added Tax (VAT) as an instrument
Around 70 per cent of the world’s population now lives in countries with a value-added tax (VAT) which is essentially…
