Education wins big in tax dodge efforts
When you think of big bucks, what industries come to your mind? Probably finance or technology? For the more old-school people, maybe it would be real estate or some sort of trading business. While exceptions always exist, some sectors are not typically associated with money. Education is probably the greatest example, in part because the state traditionally provided it for free. Since then, times have changed, and for better or worse, education has been privatised around the world. The same holds true for the private republic of Pakistan, where the state has spectacularly failed in performing its duty, forcing households to bear yet another burden out of pocket if they want their kids to move up the social ladder. As of FY23, more than 46 per cent of the students in the country were enrolled in private institutions.