Professional Documents
Culture Documents
PRESENTED BY:
SADIA NOUREEN
TAMOUR IRSHAD
RAJA ALI SULTAN
ZOHAIB KHAN
WASIM BOSTAN
FISCAL POLICY
The term fiscal policy refers to the expenditure a
Government expenditures
Public Debt
Management of Public Debt
goods
promotion of investment
reduction in income disparity
Types of Taxes
Direct:
Cont..
Tax payers see their taxes being used to further rich
citizens interests.
Uncontrolled inflation and high cost of living.
Low level of literacy among tax payers.
manufacturing sector
Establish an effective and efficient tax system.
Overcome the culture of tax avoidance and evasion
Cont..
According
Cont..
On the other hand non tax revenue declined by 2.6
Direct Taxes
The gross and net collection of direct taxes has
Indirect Taxes
During July-April 2011-12, the gross and net collection
Cont..
Our Tax to GDP ratio was never 15 percent.
We always had fiscal deficits since inception 1947
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