Pakistan's revenue system faces significant hurdles. Expanding the tax base remains a major task, as the current system relies heavily on indirect taxes. Moreover,Furthermore,Additionally, issues like tax evasion erode revenue generation. To mitigate these issues, Pakistan must introduce reforms that improve tax administration. These kind of reform

As the fiscal year draws to a close, Pakistani businesses are feeling a transformation in the tax landscape. A updated tax regime is scheduled to be implemented from July 1st, introducing both opportunities and concerns. Business leaders are mixed on the potential consequences of this ambitious move. Some argue that it will boost economic growth by