‘Pakistan is run by arthis’

brecorder.com - 01-11

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An interview with Shabbar Zaidi, Senior Partner & Chairman A.F. Ferguson & Co. Another mini-budget amid fears and hopes of tax reforms is around the corner. So is the expected fresh round of NFC Award negotiations. In light of this, BR Research had a quick chat with the noted tax expert, Shabbar Zaidi to take his views on what the government ought to do if it really wants to reform taxation in Pakistan. He also sheds light on the need for Provincial Finance Commission (PFC) Awards, and why the next National Finance Commission (NFC) should open the can of worms and completely reassess the revenue-expenditure reassignments across the three tiers of government. Below are edited excerpts from that conversation.