compulsory payment i.e. a tax in this sense paid to the government on one’s income and wealth. The Zakat rates are studied for …This unique study discusses the theory of taxation in Islam and the role of Zakat in an Islamic economy. Zakat is a … is argued that Zakat rates are substantial enough to generate the needed public finance given the large tax base and free …

for a government in an Islamic economy. In discussing sources of tax revenue, it is maintained that Zakah is the only tax … important part of non-tax revenues. It is also analyzed that how the non-profitable public institutions like police and courts …

The 1980s were a decade of tax reform across OECD countries. The changes had many common themes. Top rates of personal … income tax and rates of corporate income tax fell, but revenues were maintained by broadening the bases of these taxes. Seven … countries introduced a value-added tax. Many countries that already had a VAT increased its rate. Social security contributions …

This study used the simple co-integration technique to estimate the direct tax buoyancy for Pakistan economy for the 36 … improvement over previous estimates in past studies. The study attributes the improvement to factors such as expansion of tax base … shrinking as proportion of GDP and the proportion of direct tax increasing in proportion to total taxes gradually. The study …

government spending, a change in taxation does not alter the set of feasible life-time consumption plans of the households and …

government spending, a change in taxation does not alter the set of feasible life-time consumption plans of the households and …

unchanged. In this scenario, a change in the mode of taxation affects the present value of disposable income in the private …

government spending, a change in taxation does not alter the set of feasible life-time consumption plans of the households and …