Agnostic_Indian
SENIOR MEMBER
False choice - focusing on the military as usual and ignoring the far more significant losses and weaknesses on the civilian side:
Referring to the privatisation programme, he noted that this should be expedited to get rid of loss incurring by state-owned enterprises which are causing huge losses to the revenue. During 2010,they have caused losses to the tune of $ 3 billion and observed that they can work efficiently in the private sector.
and also
The Ambassador said Pakistan's tax to GDP ratio is less than 9percent which is among the lowest in the world. US citizens pay around 18 percent to the GDP and many developed countries pay upward of 30 percent.
won't a tax increase back fire the investments and industrial growth.india is going to reduce tax to promote investors.
