SUMMARY of the Article “The Uphill Climb to Woo Neighbours,” by Jawed Naqvi, Dawn, September 24th, 2024
The article examines India’s foreign relations in the context of its growing strategic involvement with its neighbors, particularly Sri Lanka. It begins by recounting a symbolic act by the Indian high commissioner in Sri Lanka, who installed a water vending machine at a tourist site to showcase India’s goodwill. However, this small gesture is contrasted with the larger, more significant geopolitical issues brewing between India, its neighbors, and Western allies. The focus then shifts to India’s entanglement in the US-led strategy to counter China’s influence, particularly through initiatives like the anti-China Quad group. The article explores how this strategy might backfire for India, especially as Sri Lanka elects Anura Kumara Dissanayake, a Beijing-friendly Marxist leader, as its president. Despite India’s efforts to court Dissanayake, including a state visit and diplomatic outreach, the new leader’s stance on Indian businessman Gautam Adani’s projects in Sri Lanka has been openly critical. Dissanayake accused the Adani Group of striking corrupt deals, promising to cancel the wind power project if elected. The article points out that India, under Prime Minister Narendra Modi, may need to reevaluate its approach to regional diplomacy, as its close ties with Western powers and controversial business figures like Adani could complicate its relationships with neighboring nations. The broader message is that » Read More…
Detailed SUMMARY of the Article “Fancy Tax Scheme,” Dawn, September 23rd, 2024
The article critically examines Pakistan’s recently proposed tax enforcement mechanism, labeling it as ineffective and misaligned with the goal of broadening the tax base. The editorial argues that the new tax policy disproportionately burdens compliant taxpayers, particularly the middle class, while allowing tax evaders to remain unscathed. The scheme, approved by the prime minister, seeks to prevent non-taxpayers from purchasing assets such as cars, real estate, and financial instruments and restricts their ability to open bank accounts. However, it fails to abolish the non-filer category unique to Pakistan, allowing tax evaders to continue their avoidance strategies. The mechanism divides taxpayers into two groups: those declaring an income below Rs10 million and those above. The article points out the unfair assumption that those earning less than Rs10 million are underreporting their income, thus treating them as potential tax evaders, while individuals above this threshold escape scrutiny. Moreover, the system amplifies the discretionary powers of tax officials, increasing the likelihood of corruption. The article stresses that instead of introducing convoluted enforcement mechanisms, the government should focus on plugging legal loopholes, enhancing accountability, and implementing a fair tax system supported by political will and efficient bureaucracy to genuinely expand the tax net and » Read More…
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