Alpha Beta Core’s Post

Join us for a Group Debate on Pakistan's Economy! Topic: Analyzing Pakistan's Economy, Taxation, and Inflation Dynamics 📅 Date: Friday, 26 July 2024 🕘 Time: 9 PM Engage in intellectual discussions and share your insights. For details, contact: Ejaz Kakkar +92 312 8576196 . . . . . . . #PakistanEconomy #Taxation #Inflation #EconomicDebate #IntellectualDiscussions #dpirintellectualforum #StudentDebate #EconomicInsights #Pakistan

GOP is leaving no stone unturned to speed up the Brain drain.Even in the old ages the conquerers used to carry the professionals with themselves in their homelands to enhance the creativity and productivity of their economy. Civilised nations create opportunities for professionals to enrich themselves with their competencies whereas in Pakistan things go around another way. This budget and Taxation will have consequences for years to come. #budget #Taxation #Salaried-Class #Economy

Dec-23: Current Account Balance during the month recorded a surplus of US$ 0.4bn. This brings 6MFY24 total Current Account Balance to US$ -0.83bn compared to a deficit of US$ -3.63bn during 6MFY23. #CurrentAccountBalance #Pakistan #economy

Pakistan initiates negotiations with the IMF for a new bailout program, aiming for a fiscal adjustment of over Rs1.6 trillion in the upcoming budget. Finance Minister Aurangzeb leads discussions, focusing on revenue measures, expenditure rationalization, and privatization. The government commits to reforms in SOEs and fiscal management to address economic challenges. #PakistanIMF #BailoutProgram #EconomicReforms #FiscalAdjustment #SOEPrivatization #CheckItNow

Breaking News: The International Monetary Fund (IMF) has recommended that Pakistan impose a tax on stationery items, including books, pens, and paper. The lender suggests ending tax exemptions on these essentials to boost revenue collection. As the government considers these proposals for the FY2024-25 budget, it’s essential to strike a balance between fiscal responsibility and supporting education and literacy. #TrendingPakistan #TaxOnStationery #IMF #Budget2024 #EducationMatters #FiscalResponsibility

Key Takeaways: - Pakistan requires fewer policy prescriptions and more focus on execution. - Digitalizing taxation is crucial, along with structural reforms, to effectively manage the economy. - The Tax-to-GDP and Investment-to-GDP ratios should be increased to at least 15%. - The IT and agricultural sectors have the potential to deliver fruitful results for the economy in the short term. https://lnkd.in/eUqv9bbF

In the fifth episode of our new series "Budget Ki بات," Our guest Mr. Fasihullah Khan, Senior Vice President of Jinnah Super Market Islamabad & Executive Member of ICCI, Shares his opinions on Pakistan's upcoming annual budget for 2024-25. He emphasized that the government should ease their policies regarding documentation of businesses especially small business owners, he believes with initiative small business owners won't be burdened by paying taxes. For more, Watch our video to learn more about it. #budget #smallbusinessowners #economicdevelopment #economy

The IMF advises Pakistan to streamline taxation by setting a single income threshold for both salary and business earners, lowering the highest taxable income limit for employees to Rs. 333,000 monthly. This could generate an extra Rs. 650 billion but may pose challenges for fixed-income groups. Finance Minister Muhammad Aurangzeb expects IMF negotiations soon, but the government must handle the situation cautiously to avoid public backlash amid ongoing economic difficulties. #Sparkpakistan #IMF #Taxation #Pakistan #IncomeTax #Economy #Finance #Salaried #Business #Reforms #Negotiations

Pakistan has reached a $7 billion staff-level agreement with the IMF for a 37-month program to enhance fiscal and monetary policies, expand the tax base, and ensure economic stability. The program, subject to IMF Executive Board approval, will focus on increasing tax revenue and joint economic efforts between the federal and provincial governments. #Pakistan #IMF #EconomicStability #FiscalPolicy #MonetaryPolicy #TaxReform #Development #Finance #EconomicGrowth #IMFAgreement #sarmaayafinancials 

"It is such a regressive system of taxation - legitimate people who are paying taxes, we are squeezing them more. For any incoming government, structural changes in the FBR need to be of the utmost priority." Caretaker Prime Minister, Anwaar ul Haq Kakar, responding to a question on the state of the economy, at the Pakistan Breakfast at Davos 2024. - Published in Association with the Pathfinder Group, which is hosting the Pakistan Breakfast at Davos for the 20th year. - #wef #davos #worldeconomicforum #pakistan #economy #taxation #growth #investment #privatesector #privatization #progress #transition