Tax Targets: Looking Beyond the Headlines
Recent debate around FBR’s revenue performance has largely been driven by headline figures pointing to an “Rs864 billion gap” in tax collection. While such numbers are striking, they do not fully reflect how fiscal targets are designed, adjusted, and ultimately evaluated within a changing economic environment. At the outset of any fiscal year, tax targets […]
Trump Threatens TSMC with 100% Tax If It Doesn’t Build Semiconductor Plants in U.S.
![Trump warns TSMC of 100% tax if it doesn't build U.S. factories, criticizes Biden's $6.6B grant for semiconductor production. [Image via Reuters/File]](https://southasiatimes.org/wp-content/uploads/2025/04/YTBIE62DB5NLXBYUQPNFIOTDGU.webp)
Trump warns TSMC of 100% tax if it doesn’t build U.S. factories, criticizes Biden’s $6.6B grant for semiconductor production.