An Appraisal of Credit Taxes Contribution in the Revenue of Pakistan during the Period of 1990-91 to 2004-2005

Abstract

Every Government has different means of financing its activities. Taxes are the most commonly used form of government finance. They represent compulsory payments associated with certain activities. Every country has its own tax system by its resources, expenses. In this paper we attempted to analyze tax system, types of taxes and their share in Revenue of Pakistan during 1990-91 to 2004-2005. The evidence suggests that revenue increased 7.017 percent during the year 2004-05 compared 2003-04. In conclusion, we present a comparison of the major difference in revenue collection and comments on the performance of Central Board of Revenue.