Tax rate harmonisation, a vital component of a sound fiscal system, remains a formidable challenge for Pakistan’s revenue authorities. Its failure to adopt effective tax rate harmonisation measures has resulted in significant tax distortions within the country. Tax rate harmonisation refers to the process of standardising tax rate policies among different regions or jurisdictions, typically to achieve greater efficiency, fairness, and consistency in the administration … Continue reading CORPORATE WINDOW: Bridging the divide in revenue systems