The government's tax collection strategy has hit a shortfall — again. Despite imposing record taxes, withdrawing advances, freezing accounts and squeezing the salaried class beyond reason, the FBR missed its target by a staggering Rs1.03 trillion with just a month left in the fiscal year. To be clear: the target of Rs12.334 trillion was overly ambitious from the outset. It assumed compliance without reform, growth without relief, and revenue without restructuring.

This shortfall has come at a heavy cost to the public.........

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