• Impact of Increased Taxes on Salaried Class

    Impact of Increased Taxes on Salaried Class0

    The recent imposition of higher income tax rates on the salaried class in Pakistan has triggered widespread concerns, reflecting a deeper disconnect between government policies and the economic realities faced by the most documented sector of the economy. The new income tax slabs for 2024, with increased rates for incomes over Rs 600,000, disproportionately burdenREAD MORE
  • Can Pakistan modernize its economy?

    Can Pakistan modernize its economy?0

    Pakistan's economy stands at a crucial juncture, characterized by both significant challenges and opportunities. Currently, the nation grapples with high inflation, a mounting fiscal deficit, and a balance of payments crisis, all exacerbated by global economic volatility and domestic political instability. In the past, Pakistan's economy has oscillated between periods of growth and stagnation, heavilyREAD MORE
  • Overseas Pakistanis: Role of Remittances and Labor Migration on Pakistan’s Economy

    Overseas Pakistanis: Role of Remittances and Labor Migration on Pakistan’s Economy0

    The role of remittances and labor migration in Pakistan’s economy is pivotal, creating an essential part in the country’s socio-economic landscape. Pakistan is a top list recipient of remittances and benefits greatly from the financial contribution of its diaspora. Remittances represent a vital lifeline for countless households and contribute significantly to poverty alleviation and improvedREAD MORE
  • Impact of Increased Taxes on the Salaried Class

    Impact of Increased Taxes on the Salaried Class0

    Increased taxes on Pakistan’s salaried class erode disposable incomes, exacerbating economic burdens and hindering overall financial stability. Whenever there is revenue shortfall, salaried class gets targeted and bears the brunt of International Monetary Fund (IMF) and government policies. Increasing rates of electricity, gas, food and fuel have impacted the purchasing power of individuals throughout theREAD MORE
  • Foreign relations with Gulf Countries and its Impact on Pakistan’s economy

    Foreign relations with Gulf Countries and its Impact on Pakistan’s economy0

    Gulf countries and Pakistan are connected with each other through their military, strategic and economic interests. In International Relations, there is no free-rider, rather the states conduct foreign relations by agreeing to give and take on the basis of their chosen interests. Pakistan's foreign relations with the Gulf countries, particularly with the member states ofREAD MORE
  • Resurgence Amidst Political and Economic Instability

    Resurgence Amidst Political and Economic Instability0

    In the midst of Pakistan's political and economic unrest, the resurgence of terrorist threats presents a serious issue that demands immediate and targeted commitment in order to prevent further upheaval. Radicalization thrives in political upheavals and recessions as it can take advantage of the hole left by failing institutions and upended financial landscapes. The revivalREAD MORE