Tax Rates Research Articles

Optimizing Healthcare Flexible Spending Account Contributions Using Inventory Management Theories: An Interdisciplinary Study

The healthcare Flexible Spending Account (FSA) offers employees significant tax benefits by allowing the use of pre-tax funds for healthcare expenses, but it also carries the risk of forfeiting unspent funds. To address the challenge of maximizing tax savings while minimizing the risk of forfeiture, this study applies inventory management and economic theories to develop a heuristic for optimizing FSA contributions. Both basic and extended versions of FSAs are examined, alongside the impact of marginal tax rates on decision-making. A simulation model demonstrates the effectiveness of the proposed heuristic, with results showing minimal deviations from the optimal solutions—less than 0.42% for the basic version and 3.11% for the extended version, and performance differences of less than 0.005% and 0.08%, respectively. By integrating operations management, economic theories, and personal finance research, this study introduces a novel decision-support tool for optimizing FSA contributions, while also laying the groundwork for future research in this interdisciplinary field.

Preventive regulation and corporate tax avoidance: Evidence from China

AbstractThis study examines whether and how preventive regulation impacts corporate tax avoidance in China, using the random inspection of accounting information quality (RIAIQ) by the Ministry of Finance (MOF) as a quasi‐natural experiment. Our staggered difference‐in‐differences estimates indicate that improving preventive regulation through the MOF's RIAIQ can inhibit corporate tax avoidance, especially for firms with tax issues, disclosed specific noncompliance amounts, stronger external supervision, lower marketisation level, and middle nominal tax rates. Mechanism tests demonstrate that preventive regulation diminishes corporate tax avoidance activities by mitigating managerial agency conflicts and intergovernmental agency conflicts in the decision‐making process. Our findings highlight the governance role of preventive regulation in constraining corporate tax avoidance.

Modeling and empirical evidence of the impact of implementation of sugar sweetened-beverages tax to reduce non-communicable diseases prevalence: a systematic review.

The surge in non-communicable diseases (NCDs) has been linked to excessive sugar-sweetened beverage (SSB) consumption. In response, the World Health Organization advocates for SSB taxes as a preventive measure. This study conducts a systematic literature review, encompassing simulation modeling and empirical evidence, to evaluate the effectiveness of SSB taxes in diminishing NCD prevalence. A systematic search from August 2002 to August 2022, utilizing databases like ScienceDirect, PubMed, Google Scholar, Wiley Online Library, Springer, and ResearchGate, identified 29 relevant articles worldwide following PRISMA 2020. The Critical Appraisal Skill Programme (CASP) 2018 tool was employed for economic evaluation. Among the selected articles, 22 utilized simulation models in group of countries such as South Africa, the US, the UK, Asia (Philippines, India, Indonesia, Thailand), Australia, and Europe (Germany), while seven were based on US and UK evidence. Simulation modeling consistently demonstrated that SSB taxes significantly reduced NCD incidence, prevalence, and mortality, also bolstering government revenue. Tax rates in simulations ranged from 10 to 25%. However, empirical evidence indicated a limited impact, primarily due to low tax rates. Notably, a UK-specific tax led to a 2.7% reduction in SSB sugar purchases and 40.2% higher purchases of no-levy drinks. The findings suggest that while simulation models demonstrate the potential effectiveness of SSB taxes in reducing NCDs, empirical evidence reveals there is no significant effect of the SSB tax, Based on the study conducted in this study, the SSB tax is not effective in reducing the prevalence of NCDs due to consumer preferences that have not changed. , likely due to the implementation of lower tax rates and failure to fulfill the assumption of subtitution product, physical activity, and so on. The study highlights that SSB tax is not effective in reducing the prevalence of NCDs due to consumer preference that have not change. Multi-actions are needed to support the sustainability of the implementation of the SSB tax, including education and promotion of healthy lifestyles and encouragement to reformulate SSB products by industry.

Behavioural patterns of leaders versus followers in setting local sales tax policy

AbstractSales tax has been a popular revenue source for local governments in 38 US states. In this fiscal climate, both horizontal and vertical tax competition are frequently observed. Local governments are concerned about adverse impacts thereof on their revenue as mobile shoppers react to tax rate changes by purchasing in lower‐tax jurisdictions. So far, few studies have accounted for potential endogeneity in the behavioural patterns of leaders versus followers in setting local sales tax policy. Using a 40‐year panel dataset from Texas, this study identifies leader municipalities in changing sales tax rates and examines how municipalities asymmetrically respond to multi‐tiered rate changes. The findings depict a crowding‐out story in vertical tax competition and reveal crowding‐in effects in horizontal competition, with leader municipalities immune to both effects.

Taxation Can Significantly Enhance The Effectiveness of Reward and Punishment Mechanisms in The N-Person Snowdrift Game

We extend the reward and punishment mechanisms in the N-person evolutionary snowdrift game (NSG) model by constructing a tax-based pure punishment NSG model and a tax-based pure reward NSG model. Using replicator dynamics, we established two sets of dynamic equations that describe the evolution of the frequencies of the three strategies. Over longer time scales, both systems exhibit stable states involving two strategies, with the exclusion of the third. Introducing tax factors into the reward and punishment mechanisms significantly increases the proportion of cooperators in the steady state and eliminates defectors, with the time to reach the steady state depending on the tax rate. Moreover, we found that tax-based pure reward strategies are more conducive to fostering cooperative behavior within the system compared to tax-based pure punishment strategies. We employed numerical algorithms to simulate the replicator dynamics, and the results of the dynamic equations were in perfect agreement with the numerical simulations.

Would carbon tax policy promote real estate prices?

Real estate plays a pivotal role in carbon emissions. Carbon tax policy is a crucial measure for mitigating enterprises' carbon emissions. However, imposing a carbon tax on productive enterprises in the real estate industry to reduce emissions may increase their production costs, which could easily be passed on to buyers, thus inflating real estate prices and impeding policy effectiveness. To examine the impact and negative consequences of carbon tax policy applied to the real estate industry, we develop a dynamic stochastic general equilibrium model encompassing building materials manufacturers, real estate firms, and the environmental regulatory government. Findings indicate that implementing the carbon tax policy significantly reduces carbon emissions in the real estate industry. However, the existence of a price transmission mechanism makes carbon tax policies susceptible to driving up real estate prices. Further welfare analysis shows that increasing carbon tax rates will result in social welfare losses, allowing the government to modify and refine its policy objectives.

Productivity Growth in Canada: What is Going On?

Canada is seriously lagging in productivity growth, which is the only means countries have to raise their citizens’ standard of living. Overall, Canadian business productivity fell by 0.6 per cent over the past five years. This is in sharp contrast to the United States, which enjoyed a 10.1 per cent increase over the same period. This trend of faster U.S. growth has held true since the mid-1990s, with Canadian productivity rising by about half as much as the American rate. In fact, Canada trails not only the U.S. but all advanced countries in Northern and Western Europe, as well as Australia. Going by sector, Canada’s recent productivity declines have been concentrated in holding companies, transportation and warehousing, construction and manufacturing. The latter three categories are responsible for two-thirds of the decline in productivity. For transportation and warehousing, the effects of the COVID-19 pandemic on travel are a major contributor. For construction, the decline comes from residential and non-residential work, as opposed to engineering construction. For manufacturing, a significant source is transportation equipment manufacturing, particularly in the automotive sector. Provincially, Alberta, Saskatchewan and Newfoundland and Labrador have the highest productivity, thanks to the oil and gas industry. B.C., Ontario, Quebec and Manitoba are slightly below the national average while the Maritime provinces have productivity levels 25 to 31 per cent lower than the national average. However, Ontario and Alberta are responsible for the lion’s share of Canada’s slumping productivity growth, due to their weight in the national economy. Ontario is behind 48 per cent of the decline, while Alberta’s share is 22 per cent. From 2020–23, Canada’s capital intensity grew only slightly — not much faster than hours worked. This means that investment has not been high enough to boost productivity. Canadian investment fell from 2.1 per cent annually from 1998–2019 to just 0.5 per cent annually between 2020 and 2023. The main culprits are non-residential buildings (such as offices and factories), along with machinery and equipment. Investment in these capital goods decreased by 5.9 per cent annually in the non-residential sector and by 3.1 per cent in machinery and equipment. The fall in non-residential investment is likely the result of more people working from home. The fall in machinery and equipment is more puzzling. With tight labour markets, companies should want to invest in automation to save on labour costs, but this doesn’t seem to be happening. Canada has seen essentially no productivity growth in recent years, and much of the decrease is in a few core sectors. The picture is not complete, but since the output of those industries is easy to measure, it suggests that the slowdown is real. To increase productivity, governments should look at income tax rates, excessive red tape, regulatory harmonization, a lack of competition and barriers to foreign entry into the economy. Governments also need to look at improving their own productivity to avoid crowding out the private sector and to free up resources. There isn’t a one-size-fits-all solution. A broad range of policy options are necessary to solve Canada’s productivity problem.

Influence of Plant Density and Fungicides on Downy Mildew (<i>Peronospora Destructor</i>) and Bulb Yield of Onion in Ethiopia

Onion is a popular vegetable crop, which has been produced for its daily uses and economic benefits. Downey mildew caused by the fungus <i>Peronospora</i> <i>destructor</i> is among the most important yield-reducing factor in onion production. The effect of three different levels of plant population and fungicide frequency with two different fungicides was studied on downy mildew severity and yield of onion. Nineteen treatment of this Experiment included two fungicides mancozeb + metalaxyl and copper hydrox-ide, three different spraying interval with (10 days, 15 days and 21 days) and three level of plant population (0.71, 0.95 and 1.2 million plants/ha). The experiment was laid out in a randomized block design with three replications for two year at Fogera and for one year at Dera districts of South Gondar zone Ethiopia. Data on disease severity, bulb yield, bulb number and bulb size were recorded during the time of harvest. The price of bulb yield was assessed from the local market and the total price of the yield obtained from each treatment was computed on hectare basis. Input costs like seed, fungicides and labor were converted into hectare basis according to their frequencies used. Fungicides cost was estimated based on the price of the local market. Cost of the labor was in Birr per man-days; cost of spray and spray equipment to spray per hectare were also calculated. Based on the obtained data from the above mentioned parameters economic analysis was performed. The lowest disease severity was recorded in treatment were lowest level of plant population (0.71 million plant/hectare) spraying with fungicide mancozeb + metalaxyl within 15days interval. In this treatment bulb yield and bulb weight were the highest. The economic evaluation showed that the highest net benefit with acceptable marginal rate of return was obtained from T3 (0.71million plants/ha spraying with fungicide mancozeb + metalaxyl within 15days interval).

Effects of NPS Fertilizer Rate on Yield and Yield Components of Bread Wheat Production in Degem District, North Shewa Zone, Oromia, Ethiopia

Productivity of wheat was low due to depleted soil fertility and the blanket use of fertilizers. Fertilizer is the most vital input, contributing significantly to final wheat yields although wheat yields have long been low due to a lack of soil test-based site-specific fertilizer recommendations. This study aimed to determine an economically appropriate rate of NPS fertilizer based on calibrated Phosphorus for bread wheat production in the Degem district. The experiments laid out in randomized complete block design (RCBD) with three replications. The treatments were based on already determined Phosphorous critical and requirement factors and consisted of 100% Pc from TSP fertilizer, 25%, 50%, 75%, and 100% Pc from NPS fertilizer and control (without fertilizer). The phosphorus requirement factor (Pf) (5.85), phosphorus critical (Pc) (22 ppm), and optimum nitrogen optimum nitrogen (92 kg ha<sup>-1</sup>) were used from previous studies. Improved bread wheat variety senete was used at 150 kg/ ha seeds rate. The results of a statistical analysis of variance demonstrated that NPS fertilizer rates based on calibrated phosphorus had significant effects on bread wheat production. Partial budget analysis shows the maximum net benefit (101,570.65 Birr ha<sup>-1</sup>) with an acceptable marginal rate of return (MRR) (932’52 %) through the application of 75% of Pc from NPS with optimum nitrogen fertilizer use. Consequently, 75% Pc from NPS should be used in the Degem district for bread wheat production, with the optimum nitrogen. Thus, further scaled-up and demonstration of the technologies for bread wheat production in the Degem district.

An integrated analysis of key financial metrics driving commercial bank performance in Cambodia

This study aims to systematically identify and analyze key financial metrics that influence the performance of commercial banks in Cambodia. Utilizing 2023 data from the National Bank of Cambodia across 59 banks, the research adopts an explanatory framework based on cross-sectional data analysis. Findings reveal a statistically significant positive correlation between Non-Performing Loans (NPLs) and Return on Assets (ROA), suggesting effective NPL risk management by Cambodian banks, contrary to traditional financial theory. Loan Growth (LG) does not significantly impact ROA, indicating that external factors like market conditions and loan quality are more critical. Furthermore, Market Share (MS) has no significant impact on ROA, suggesting that market share may not be a critical determinant of bank performance in Cambodia. A significant negative relationship is observed between the Loan to Deposit Ratio (LDR) and ROA, suggesting that higher LDRs expose banks to liquidity risks and reduced profitability. Both Loan Loss Provision (LLP) and Cost to Income Ratio (CIR) negatively affect ROA, while the Effective Tax Rate (ETR) shows a marginally positive relationship. The Net Interest Margin (NIM) significantly impacts ROA, underscoring the importance of managing interest-earning assets and liabilities. Recommendations include investing in advanced risk management frameworks, enhancing loan quality, maintaining a balanced LDR, utilizing technology for cost efficiency, focusing on effective tax planning, and optimizing NIM through competitive pricing. Future research should explore additional contextual factors that affect profitability dynamics in the Cambodian banking sector.. Keywords: Commercial Banks, Financial Metrics, Return on Assets (ROA), Non-Performing Loans (NPLs), Loan to Deposit Ratio (LDR), Cost to Income Ratio (CIR), Effective Tax Rate (ETR), Net Interest Margin (NIM), Loan Growth (LG), Market Share (MS).

The Collaborative Role of Non-Synthetic Fertilizers on Production of Faba Bean (Vicia faba L.) in Ethiopia's Central Highlands, Ejere District

This study sought to determine how non-synthetic fertilizers collaborated to produce faba bean in the 2019–20 and 2021–2022 cropping seasons in agricultural settings in the Ethiopian district of Ejere. The treatments were laid out in a randomized complete block design with three replications. The collected data were subjected to analysis of variance by SAS statistical platform version 9.3. Means were compared with the Least Significance Difference (LSD) at a 5% probability level. To compute the economic advantage of the intervention, farm get prices of inputs and outputs were considered and marginal rate of return (% MRR) was work out for each treatment, and values ≥100 was set as profitable in absolute terms. The mean outcome of the two years’ worth of data analysis showed that there was substantial (p ≤ 0.05) difference in all parameters among the treatments at Ejere. At Ejere, the treatments (FB-17 + 0.76 ton ha-1 VC), (FB-17+ 0.57 ton ha-1 VC), (0.76 ton ha-1 VC) and (FB-17+ 0.38 ton ha-1 VC) yielded the highest mean GYs (3582kg ha-1), (3535kg ha-1), (3430 kg ha-1) and (3234 kg ha-1), respectively. However, the results of the partial budget analysis showed that the treatments (FB-17) and (FB-17 + 0.57 ton ha-1 VC) had the greater marginal rates of return 7218% and 1148%, respectively. These treatments are thought to be very good candidates for more testing in farmers' fields across various aggro-ecologies in order to determine which ones are the best substitute non-synthetic fertilizers for faba bean production in Ethiopia's Nitisol zones.

Optimum Determination of NPSB Fertilizer Rates on Bread Wheat (Triticum asetivum L.) Varieties

The field experiment was conducted at Degam district during main cropping season to investigate the response of bread wheat varieties to NPSB fertilizer rates and identify its economic benefit. Factorial combination of three improved bread wheat varieties (Danda’a, Hidase and Kakaba) and six fertilizer rates [Control, 50, 100, 150, 200 kg ha-1 NPSB fertilizer each supplemented with 92 kg N ha-1 and 64/20 kg NP ha-1 (Blanket recommendation) were laid out in randomized complete block design with three replications. The highest NKS (54.9), AGBM (13.8 tons ha-1), SY (9.4 tons ha-1) and GY (4549kg ha-1) were recorded from 200 kg NPSB fertilizer. Among the varieties the highest NKS (54.3) from Danda’a, TKW (49.3 g) and GY (3351kg ha-1) were recorded from Hidase variety. Variety Kakaba score the highest PH (102.5 cm) and PNT (5 per plant) with combination of 200 kg and 150 kg NPSB fertilizer respectively and reached days to heading and maturity earlier than Danda’a and Hidase. In general, the economic feasibility of the fertilizer over varieties combination indicated that application of 200 kg NPSB ha-1to all varieties Hidase, Danda’a and Kakaba resulted in maximum marginal rates of return 640.14 %, 604.81% and 481.47%, with a net benefit of 97993, 88596, and 82996 ETB respectively. Although, application of 200 kg NPSB ha-1 led to the highest MRR for the Hidase variety as compared to all other treatments and with about a total of 9397 ETB net benefit increment. Therefore, application of 200 kg of NPSB in supplement of 92 kg N ha-1 fertilizer with Hidase variety was the best producing economically profitable with acceptable grain yield.

Практическое отражение в бухгалтерском учете операций, облагаемых по нулевой ставке налога на добавленную стоимость: влияние внедрения раздельного учета на бухгалтерскую отчетность организации

The article discusses the specifics of applying the zero value-added tax rate, taking into account the changes that occurred in 2024 in the order of its application in the implementation of relevant operations. In the paper, the author substantiates that if earlier the 0% rate was primarily an "export" rate, now the list of activities subject to taxation at this preferential rate is increasing. Consequently, the number of organizations that will have to implement accounting methods based on the requirements of regulatory tax authorities is also increasing, which will have a significant impact on the established accounting and tax accounting procedures within the company.

Совершенствование налоговой системы России в 2024 году: межстрановые сравнения и региональная проекция

The article discusses the additional adjustment of the tax system carried out in the Russian Federation in 2024, primarily in terms of changes in the rates of corporate income tax and personal income tax. Based on the analysis, a conclusion is made about the comparability of the levels of these taxes in Russia and in some countries of the Organization for Economic Cooperation and Development. It is shown that the centralization of additional revenues arising from the ongoing improvement of the tax system is more effective than the potential redistribution of these revenues to regional budgets due to the high concentration of corporate income tax and personal income tax in the wealthiest regions of Russia.

The Consequences of Universal Basic Income

Universal Basic Income (UBI) has gained attention in both academic and policy circles. However, its implications are not fully understood. This paper develops a general equilibrium model with uninsured income risks to examine such implications. Multiple policy alternatives are considered under both deficit-expanding and deficit-neutral structures. If the UBI policy is not financed through additional taxation, its impact on measures of inequality is unclear. The consumption and income inequality decrease while wealth inequality rises. Deficit-neutral UBIs resolve this ambiguity as the higher marginal tax rates prevent the wealth inequality from rising, which leads to a more equal distribution of consumption and income. However, the aggregate effects are amplified. The income tax must be as high as 80% of the output to keep the deficit from expanding. The interest rate rises, and the output and capital-to-output ratio sharply fall as the precautionary saving motives are weakened.Copyright© 2024 The Author(s). This article is distributed under the terms of the license CC-BY 4.0., which permits any further distribution in any medium, provided the original work is properly cited.

Legal Analysis on the Special Land Tax Rates for Industrial Land

Legal Analysis on the Special Land Tax Rates for Industrial Land

Налоговые и таможенно- тарифные инструменты изъятия нефтяной ренты в доход российского бюджета

For countries focused on the extraction and processing of natural resources, including Russia, the crucial task is to ensure the rational extraction and distribution of natural rent. The tax model applied to natural rent should facilitate its optimal allocation to the budget without undermining the motivation of resource users to invest. The purpose of this study is to gauge the extent of oil rent extraction to the Russian budget and to propose strategies to improve the efficiency of oil rent redistribution to the state budget. According to the author’s hypothesis, export customs duties, compared to the mineral extraction tax, are more effective in achieving the desired redistribution of funds from resource users to the budget. The analysis shows that from 2005 to 2022 up to 87% of the oil rent received in Russia was extracted through rent payments to the state budget. However, in recent years the degree of oil rent extraction has decreased to 56%. This decline can be attributed to the tax maneuver initiated in Russia since 2015, entailing the reduction and eventual abolition of export customs duties and an increase in the mineral extraction tax rate. The results obtained indicate a decline in effectiveness of rent-based taxation in Russia due to the decreasing fiscal significance of rent payments. Furthermore, their regulatory function, designed to stimulate taxpayers to make investments, has weakened. These findings provide valuable insights for shaping fiscal policies and lay the foundation for further research in this area.

Local Income Inequality and the Value of Corporate Tax Responsibility

ABSTRACT Corporate tax responsibility, or the obligation of companies to pay their “fair share” of taxes, is increasingly perceived as a component of firms’ social responsibility. Considering tax payments through the redistributive function, we examine how the association between corporate tax responsibility and firm value varies based on the presence of a salient social issue—local income inequality. Firms headquartered in areas of average income inequality have a negative relation between effective tax rate (ETR) and firm value, consistent with traditional economic theory and prior research. However, as local income inequality rises above average, the relation between ETR and firm value becomes more favorable (i.e., less negative). We interpret these findings as evidence that the relation depends on the salience of tax payments as a social issue. Further, the results are substantiated by firms whose socially responsible tax payments are consistent with their reputation as good corporate citizens. Data Availability: Data are available from the public sources cited in the text. JEL Classifications: D22; H23; H25; H32.

Effect of maize (zea mays l.) and cowpea (vigna unguiculata l.) intercropping on agronomic performance, yield and nutritional values of maize and cowpea under supplementary irrigation

A field experiment was conducted to evaluate the effect of maize (Zea mays L.) and cowpea (Vigna Unguiculata L.) intercropping on agronomic performance, yield, and nutritional values at Arba Minch University. Treatments were only maize crop (T1), only cowpea (T2), intercrop (maize and cowpea) in a 1:1 ratio (T3) and alternative rows of 2:2 (T4) as treatments. Treatments were arranged in a randomized complete block design (RCBD). Data on plant morphology, yield, nutritional composition, and economic return were recorded. The height of the plant (145.5 cm) of maize was significantly (P<0.001) higher at 1:1 intercropping than the height of the sole while the height of the cowpea was higher at the sole cropping. Higher number of branches (P <0.05) per plant (5.28) of cowpea was recorded in pure stands of cowpea than intercropping. The grain yield of maize (6.9 t/ha) and cowpea (4.2 t/ha) was significantly (P<0.05) higher in sole cropping than in intercropping. A higher dry matter yield of 9.06 t/ha of maize was obtained in a 1:1 maize- cowpea intercropping ratio than sole maize. Significantly (P<0.001) highest dry matter cowpea yield of 5.77 t/ha was obtained at sole cultivation than intercropping. The intercropping of maize with cowpea had an advantage of resource utilization in terms of land equivalent ratio (LER) 41.7% to 62.5%. The marginal rate of return (MRR) of intercropping in the ratio of 1:1 was as high as 48.23% in intercropping maize-cowpea, which was much better than sole cropping. Therefore, it could be recommended that the ratio of 1:1 maize-cowpea intercropping for land resource use and economic food and feed production in Arba Minch and similar agro-ecology zones.

Influence of phosphorous fertilizer on mineral nutrition and yield attributes of wheat: Acquisition with PSTOL1 gene for arid environment

To boost agricultural yields, understanding mineral nutrition’s reliance on fertilizers is crucial, underscoring the need to evaluate nutrient-use efficiency for optimal fertilization. In this regard, a field study was conducted to elaborate the role of phosphorus fertilizer in enhancing growth, yield and marginal rate of return in four wheat varieties; two Zn-biofortified (Zincol-2016 and Akbar-2019) and two standard types (Anaj-2017 and FSD-2008). The study revealed that application of phosphorus significantly enhanced the uptake of nitrogen (N), phosphorous (P) and potassium (K) contents in straw (13 %, 59 % and 79 %) and grains (63 %, 92 % and 28 %) respectively. Similarly, the contents of Zinc (Zn) and iron (Fe) were reduced in straw (23 % and 19 %) and grains (19 % and 18 %) respectively after application of 80 and 120 kg P2O5, however at 40 kg P2O5 the contents of Zn and Fe were slightly enhanced. The grain yield (21 %) and harvest index (11 %) was maximum at 80 kg P2O5 as compared to 40 and 120 kg P2O5. The Marginal rate of return over investment (MRR) in P2O5 was maximum (241 %) in Akbar-2019 when P-fertilizer was applied at the rate of 80 kg P2O5 per ha−1. Regression analysis showed a positive correlation between grain yield and its determinants. Biofortified wheat varieties responded better to 80 kg P2O5, outperforming standard varieties in yield. Additionally, our findings demonstrate a significant upregulation of PSTOL1 gene expression at 80 kg P2O5 level. Concludingly the application of P-fertilizer at the rate of 80 kg P2O5 per ha−1 enhanced growth, yield and rate of return of testing wheat varieties especially the biofortified ones; Zincol-2016 and Akbar-2019.