Islamabad: Senior economic expert Yousaf Nazar has stated that tax-to-GDP ratio can be doubled within two years if the tax system was digitalised, according to a news report. Nazar said that it is imperative to make the system digital to increase the ratio by 15%.
He further said that digitalisation will help increase investment in the country and help the country meet economic targets. He also said that around 90 countries in the world are using digital taxation system. Through such a system, dividend payments could be directly taxed if the system was connected with that of the companies.
