pakistan gdp Archives - https://www.awamipolitics.com/tag/pakistan-gdp Pakistani Political Parties News Wed, 28 Mar 2012 11:27:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 Promise Of Tax Relief In Pakistan https://www.awamipolitics.com/promise-of-tax-relief-in-pakistan-4029.html https://www.awamipolitics.com/promise-of-tax-relief-in-pakistan-4029.html#respond Thu, 29 Mar 2012 07:20:02 +0000 http://www.awamipolitics.com/?p=4029 THE pre-budget season is a period of vague official promises of tax relief. It is also a period in which the tax collecting official look for large new sources of revenue, failing which they increase the existing taxes. It is also a season marked for trade and industry clamouring for large tax concessions and the common man sceptically hopes for some relief from his oppressive cost of living. The stark fact is that while agriculture contributes to 25 percent of the gross domestic product (GDP) it pays no federal taxes. Wholesale trade with its many bigwigs contributes to 16 percent

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