The World Bank has called for an increase in tax collection from the major and vital sectors in Pakistan claiming that the tax collection is insufficient to meet its financial necessities, ARY News reported on Wednesday. The World Bank logo is seen. ARY news reported citing the report, that the tax-to-GDP ratio of progressive countries should be at least 15 percent but Pakistan has only 11.6 percent. The World Bank has termed the tax collection in Pakistan, the lowest in the region and suggested that the tax collection is not improving in Pakistan. It also suggested that the country should increase tax collection from major sectors and eliminate income tax, sale tax, and customs duti
Hence then, the article about pakistan s tax collection insufficient to meet financial needs world bank was published today ( ) and is available onBloomberg News Today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Pakistan’s tax collection insufficient to meet financial needs: World Bank )