Team Details:

HAFIZ PASHA
Professor Emeritus
Beaconhouse National University, Lahore (PI)

HAFSA TANVEER
Head of Department, Department of Economics, Beaconhouse National University, Lahore (Co PI)

FATIMA MALIK
Assistant Professor
Beaconhouse National University, Lahore (Co PI)

Theme/Relevant Ministry:
TAXATION/ FISCAL MANAGEMENT:
Federal Board of Revenue of Pakistan

Project Brief:
The tax project would present a detailed agenda for tax reforms based on the quantification of tax potential and tax gap in Pakistan by first examining the existing tax System of Pakistan at the Federal and Provincial Level and also estimating tax evasion. It apportions the stark decline in tax to GDP ratio into tax rate effect and base effect. By providing a comprehensive outlook on the tax system of Pakistan, it helps in navigating a roadmap towards improvement in the tax system for the country.

Public Policy Relevance:
The final output from the Research Project will be a comprehensive set of detailed proposals for tax reform at both the Federal and Provincial levels. Each taxation proposal will include an estimate of the potential additional tax revenue. It will emerge from the above-mentioned studies of revenue potential, tax expenditure and tax evasion in different Federal and Provincial taxes. We are optimistic that tax reform proposals of a progressive nature and with low efficiency and dead weight losses will be identified with a potential yield of up to 3% of the GDP.