Skip to content
Doorstep International

Doorstep International

Operational Excellence for Financial Institutions Worldwide

  • Home
  • Consulting
  • Training
  • Recruitment
  • Software
  • Outsourcing
  • Contact Us

Increasing Tax Revenue DAWN Letters August 1, 2024 PAKISTAN TODAY August 7, 2024

THE challenge of collecting agriculture tax is a significant one for the Federal Board of Revenue (FBR). However, overlooking this issue and failing to find an effective way to collect tax from the farm sector in the country any further would be like committing economic suicide, as the sector constitutes a substantial portion of the economy.

One potential solution for collecting agriculture tax from farmers could be adapted from the current model that is used by retailers who obtain CNIC copies from consumers when purchases exceed Rs50,000.

A such, in the agriculture sector, a similar method could be implemented with a focus on pesticides, which is a core input. Pesticides are essential for every farmer, and their regular purchase offers a viable point of taxation.

The FBR should implement a system where CNIC copies are obtained from those who purchase pesticides above a certain predefined threshold. The data collected through the process could provide insights into the projected yield of each farmer. Based on this data, a fixed tax could be applied and collected accordingly.

Moreover, while the collection process may initially face some challenges due to corruption as well as lack of direction, systematic and consistent collection of data could eventually lead to a more substantial revenue stream for the government. Over time, as the data pool grows and the system becomes more refined and effective, this method could significantly enhance tax collection from the agriculture sector. Finally, this will contribute to the overall economic stability and growth of the country.

Sources :
https://www.dawn.com/news/1849365

Pesticide tax proposal

Ahmer Nehal

Ahmer Nehal

LinkedIN Logo

30+ years experience in strategic positions with 8 large commercials banks across the GCC region including Mashreq Bank Dubai and HSBC MENA. Executive trainer, guest speaker and panelist at conferences and workshops on wide-range of specialized risk management subjects. .

Corporate Trainings

  • Corporate Trainings Overview
  • Guest Speaker Session SZABIST
  • ORM MENA Conference Dubai
  • ORM In-House Training KASB Bank
  • FATCA Training Sheraton
  • Compliance Risk Training Marriott
  • ORM Training Sheraton

Letters

  • Letters Overview
  • Illegal Service Tax
  • Battery Exchange Stations
  • Increasing Tax Revenue
  • KWSB and Mafia
  • Innovative Tax Collection
  • Lyari Expressway
  • Heavy Vehicles
  • Dangers of Electronic Cigarettes
  • Hindrance to Traffic Flow
  • Accommodation Advertisements
  • Why Brown Rice is Healthier
  • Smoking Scenes
  • Energy Drinks Can be Dangerous
  • Parking Lots
  • Need for a Rock-Solid Foundation
  • Police and First Aid

Initiatives

  • Initiatives Overview
  • Campus Video Association
  • Mail my Mail

Learning Resources

  • Sustainable Development Goals
  • Green Banking and Finance
  • High Risk Merchant Accounts
  • Risk Register
  • Articles

Company Information

  • Consulting
  • Training
  • Recruitment
  • Software
  • Outsourcing
  • Contact Us

Copyright © 2025 Doorstep International.

All Rights Reserved.