Sunday, February 14, 2010
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38th CTP (FSP)
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Join Date: Jan 2010
Posts: 105
Thanks: 104
Thanked 56 Times in 40 Posts
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Quote:
Originally Posted by sasas098
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
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Can you please clarify whether regressive tax is a negative practice or progressive taxation system?
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