Reform Impact

Time: Number of hours taken per year reduced as now it only takes minutes to make online payments of taxes.

Procedure: Number of payments reduced from 47 to 10 for Punjab and from 47 to 21 for Sindh

Cost: The Corporate tax rate reduces by 1% every year.  The number of cases exposed to audits is reduced to 7.5% form 50-70 %.

What it Measures?

Payments, time, total tax and contribution rate for a firm to comply with all tax regulations as well as post-filing processes.