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Business February 5, 2021 ISLAMABAD: Prime Institute, a private sector think tank, has given only 4.2 score out of 10 to the government tax reforms pursued in last two and half year period. According to the findings of Prime Institute released on Thursday, the PTI government took charge about two and a half years ago. The current government inherited a system of taxation with multiple loopholes and institutional frictions. The government rightly advocated and later launched tax reforms as per their electoral agenda. The aim was to increase revenue generation through tax collection to ultimately end dependence on external sources. Tax reforms require long-term orientation to be most effective. This report sets out to evaluate the performance of the incumbent government against their own set targets in the domain of taxation.

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