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Low tax-to-GDP ratio: Pakistan’s tax-to-GDP ratio remains lower than the global average. In recent years, the ratio has been approximately 9.5%, far below that of neighboring countries like India (16%) and Bangladesh (12%). This indicates inefficiencies in tax collection and necessitates systemic reforms.
13 February – Turkish President Recep Tayyip Erdoğan visits Pakistan to strengthen bilateral ties. He co-chairs the 7th Pakistan-Turkey High-Level Strategic Cooperation Council with Prime Minister Shehbaz Sharif, leading to 24 agreements in defense, energy, and trade. Both nations commit to increasing bilateral trade to $5 billion.
The Office of State Tax Commissioner is a North Dakota state government agency responsible for licensing: alcoholic beverage wholesalers, farm wineries, microbrew pubs, and out-of-state direct shippers, and; all suppliers selling or shipping alcoholic beverages to liquor and beer wholesalers in North Dakota; and for taxing:
Cuts to income taxes vs. property taxes were a smoldering issue of North Dakota's 2023 session, which resulted in a raft of property tax credits and income tax cuts estimated at $515 million. A very low or zero income tax would be far more economically productive than zeroing out residential property taxes, Walczak said.
The following table indicates the party of elected officials in the U.S. state of North Dakota: Governor; Lieutenant Governor; Secretary of State; Attorney General; State Treasurer; State Auditor; State Insurance Commissioner; State Commissioner of Agriculture and Labor/State Agriculture Commissioner/State Labor Commissioner [a] State Tax ...
Pakistan Vision 2025 is a set of goals for social, economic, security, and governance developments outlined by the government of the Islamic Republic of Pakistan to be achieved by 2025. The overall goal is for Pakistan to become an upper-middle income country by 2025 and to eventually become one of the top ten economies in the world by 2047 ...
The 2024–25 Pakistan Federal Budget is a financial statement of the government's estimated receipts and expenditures for the fiscal year that runs from 1 July 2024 to 30 June 2025. [1] [2] On 12 June 2024, finance minister Muhammad Aurangzeb presented the federal budget with a total outlay of Rs18.877 trillion. [3]
The Office of the State Treasurer is separated into five divisions: Administration, Investments, Accounting, Tax Distributions, and Cash Management. [1] The state treasurer is Thomas Beadle , who was elected on November 3, 2020, and took office on January 1, 2021.