Article Type
Article
Description
Among many compelling reasons for further devolution to the third tier is that citizens in a local jurisdiction are found to pay more taxes as they see that these are being used for their access to basic public services. Under a centralized system they consider it disappearing into a black box and they don’t see any perceptible benefits for themselves or the areas they live in. The quantum of revenues can rise significantly if taxes such as agriculture income tax and urban property tax are devolved to local governments. The metropolitan corporations of Karachi, Islamabad, Lahore and many others would be able to manage their current and development expenditures by revamping property tax, collecting water and conservancy charges by eliminating water tanker mafias and providing piped water and sewerage channels, other cesses, fees, and user charges.
Publication Source
The News
Publication Date
1-13-2023
Pages
1-5
Recommended Citation
Husain, Ishrat. (2023, January 13). Fixing the Taxation System - Part IV. The News, . 1-5. https://ir.iba.edu.pk/faculty-research-press/418