Huzaima Bukhari “Administration of justice, is the principle of order in political society”—Aristotle Pakistan Tehreek-i-Insaaf (PTI) came to power after a strenuous struggle in which the paramount slogan was ‘dispensation of justice’ (the basis for name of the party) but on eventually gaining power, this appears to have disappeared into oblivion. There is no denying...Read More
Huzaima Bukhari & Dr. Ikramul Haq After about relief of 10 months, at least 95 million unique mobile users [as per website of Pakistan Telecommunication Authority (PTA), total cellular subscribers as on March 31, 2019 were 159 million, but many have multiple and/or dormant SIMs] after vacation of stay by Supreme Court on April 24,...Read More
Huzaima Bukhari & Dr. Ikramul Haq Budget 2019-20, expected to be announced in the last week of this month, will be very important for the coalition government of Pakistan Tahreek-i-Insaf (PTI). It will determine the direction of economy in the wake of another bailout agreement with the International Monetary Fund (IMF) and action plans for...Read More
Huzaima Bukhari “A friend is someone who gives you total freedom to be yourself”—Jim Morrison, American singer and song writer All living beings need a soul mate. Yes, besides humans, even animals and plants require some form of companionship that enables them to share their emotions and also to thrive in their lives. There are...Read More
Dr. Ikramul Haq Pakistan needs a paradigm shift in the existing tax policy and revamping of entire tax administration—establishment of a National Tax Authority [NTA], capable of generating sufficient resources for the federal and provincial governments, must be the top priority. Through democratic process, all the provincial parliaments can under Article 144 of the Constitution...Read More
Dr. Ikramul Haq The prevailing myth, popular with TV anchors, donors and tax bureaucracy, that our tax base is narrow and only 1% of the population pays income tax is totally fallacious—this statement reiterated by the representative of Federal Board of Revenue (FBR) before Senate Standing Committee on January 30, 2019 went unnoticed, what to...Read More
Huzaima Bukhari & Dr. Ikramul Haq The reality behind annual growth of 16-20% in revenue collection of Federal Board of Revenue (FBR) from 2013 to 2018 remains untold. The facts reveal that behind the “extraordinary” (claimed and acclaimed) revenue growth lies not only blocking of refunds of billions of rupees, advances from big corporate taxpayers,...Read More
Huzaima Bukhari “Amnesty is the forgiveness of something. Amnesty is anything that says, ‘Do it illegally, it will be cheaper and easier”—Marco Rubio, American senator from Florida Governments make laws and rules to conduct the affairs of management so as to facilitate the public and for smooth functioning of administration. Rules are meant to be...Read More
Huzaima Bukhari “Amnesty is the forgiveness of something. Amnesty is anything that says, ‘Do it illegally, it will be cheaper and easier”—Marco Rubio, American senator from Florida Governments make laws and rules to conduct the affairs of management so as to facilitate the public and for smooth functioning of administration. Rules are meant to be...Read More
Dr. Ikramul Haq Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are identified as growth-oriented reforms. To the extent that they reduce distortions to economic decisions on work, saving, investment and consumption, they should increase output and improve social welfare—Choosing a Broad Base–Low Rate Approach to Taxation, OECD Tax Policy...Read More
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