Pakistan lifts 10% Tax on key Afghanistan exports to boost trade - Khaama Press

Zafar Iqbal Pakistan’s tax system is once again being questioned after the World Bank delayed an additional $70 million in aid for the Pakistan Raises Revenue Project. The delay is not just a financial setback, but a reflection of fundamental flaws in our financial system. According to the World Bank and government documents, Pakistan’s tax system is not only ineffective but also anti-poor. It neither generates sufficient revenue, nor guides the…

Afghanistan ‘cracking down’ on militants; ‘resetting’ relations with Pakistan

In what is seen as a possible policy shift, Afghanistan’s Islamic Emirate government has been taking action against elements facilitating cross-border attacks into Pakistan — marking a breakthrough that has led to renewed diplomatic momentum between Kabul and Islamabad. According to Pakistan’s Express Tribune, while public discourse over the past month focused on rising tensions between Pakistan and India, behind the scenes, Pakistan and Afghani…

Pakistan lifts 10% Tax on key Afghanistan exports to boost trade - Khaama Press

Pakistan has removed a 10% tax on select Afghanistan exports, aiming to strengthen bilateral trade and improve economic ties. The Pakistan-Afghanistan Joint Chamber of Commerce and Industry recently announced that new reforms by Pakistan’s Federal Board of Revenue (FBR) will facilitate trade and transit between the two countries. These reforms, outlined in several new directives, aim to strengthen commercial ties and remove barriers hindering cr…