The growth performance of overall manufacturing in general and large-scale manufacturing to particular has been lackluster at best in the 1990’s. After growing at an average rate of 8.2 percent in the 1980’s. The growth of large-scale manufacturing slowed to an average of 4.7 percent in the first half and further to 2.5 percent in...Read More

By Dr. Ikramul Haq* I.          INTRODUCTION The imposition of sales tax in Pakistan is not new. It has its origin in pre-partition era under the Government India Act of 1935. In recent years, the complexities have arisen in its implementation as the Federal Government, in the name of “documentation of economy”, decided to extend its...Read More

By Hassan Aslam Shad and Dr. Ikram Ul Haq Prime Minister Imran Khan’s visit to China, which concluded on 6 November, was another historic milestone in the growing geo-strategic China – Pakistan relationship.  Elimination of poverty and corruption have been on top of the PM’s priority list ever since he assumed office.  The China-Pakistan joint...Read More

By Ikramul Haq* Over the last many years, the need for tax reforms is stressed and reiterated by all quarters including the Government itself. However, each attempt in this direction during the last several decades proved to be a complete failure. The main reason for this failure is that search for rationalisation and simplification of...Read More