Pakistan's Federal Board of Revenue has published a notice on income tax proposals for Budget 2023-24. This includes that the FBR is seeking input on proposals for the Finance Bill 2023 in the following policy areas: Broadening of the tax base for wider participation in revenue generation efforts; Taxation of real Income on a progressive basis; Phasing out tax concessions and exemptions; Removal of tax distortions and anomalies; Facilitation of taxpayers and ease of doing business; and Promoting equity in taxation by introducing measures where the incidence of tax is higher on affluent classes. The policy areas identified above are...