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Old Sunday, February 14, 2010
irshadsod irshadsod is offline
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Quote:
Originally Posted by sasas098 View Post
AoA,
Its problems faced by industrial sector of Pakistan or causes of Industrial Backwardness in Pakistan. Following are some points:

1. British Policy at the time of Partition, only 34 units given to Pakistan out of 921
2. Shortage of Capital
3. Poor Infrastructure: Water Supplies, Communication System, Power Supplies
4. High Rate of Electricity
5. Labour Unrest
7. Smuggling
8. Political Instability
9. Frequent changes in Industrial Policies
10. Progressive Taxation System i.e. more production, more tax

Can you please clarify whether regressive tax is a negative practice or progressive taxation system?
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