Lagman agreed with Garma that 'there is a need to rationalize
your tax obligation.'
He said that real estate sector was playing vital in promoting business activities, growth, employment and poverty reduction and urged that government should rationalize
taxes on this important sector for its fast growth.
Lachica traced the lower-than-expected growth of exports to the government's plan to rationalize
incentives granted to economic zone firms.
Abdal-Moniem Mohamed Al-Tayib said the steering items in a number of ministries and government units reduced in recent months in order to rationalize
government spending in line with country's current economic status.
11199 which rationalizes
the powers and duties of the Social Security Commission," Presidential Spokesman Salvador Panelo said.
These include Package 2 Plus, which includes a bill on the mining fiscal regime, Package 3 on property valuation, and Package 4, which aims to rationalize
the tax system on capital income and financial instruments.
There is an urgent need to rationalize
the boundaries of the administrative Provinces to give a boost to the idea of a powerful concept of Pakistani nationalism.
Continued growth of this annual consumption rate of between 4-5% in the coming years, will double the current level by the year 2030, unless measures to rationalize
, raise the efficiency of consumption and improve production efficiency, are taken and applied.
These measures will continue as the current situation requires everyone to join hands as covering the deficit is a joint responsibility.' Efforts to rationalize
expenditure are going on, he continued.
According to source the cost of land compensation and other expenditures are doubtful and Wapda has been asked to rationalize
the overall cost.