Dr. Ikramul Haq A friend asked to outline as to what should be the ideal budgets for Pakistani people at federal and provincial levels. The answer can be simple: an ideal budget is one that has long-term vision of prosperity by doing justice with all economic classes within the society. It must ensure growth with...Read More

Huzaima Bukhari By resolution 42/112 of 7 December 1987, the United Nations General Assembly decided to observe 26 June as the International Day against Drug Abuse and Illicit Trafficking as an expression of its determination to strengthen action and cooperation to achieve the goal of an international society free of drug abuse. Human beings come in many...Read More

Huzaima Bukhari “There is no higher religion than human service. To work for the common good is the greatest creed”— Woodrow Wilson After announcement of the budget for coming fiscal year 2019-20 and Finance Bill 2019 by the present government, there is a growing apprehension as to how the poor and the middle class families...Read More

Dr. Ikramul Haq This week two developments made not only headlines but also created heated debates. The announcement by Prime Minister of establishing National Development Council (NDC) and appointment of Deputy Chairman of National Accountability Bureau (NAB) as head of National Investigation Commission to investigate the monstrous increase in our debts during the Decade of...Read More

Value Added Tax (VAT) in Pakistan  Analysis of enforcement problems By Dr. Ikramul Haq I. INTRODUCTION The enforcement of sales tax [since 1990 it has been undergoing a gradual shift from General Sales Tax (GST) to Value Added Tax (VAT) type] in Pakistan is becoming more and more difficult and highly controversial, as hostility and...Read More

ByDr. Ikramul Haq* The persistent failure of our financial managers and tax collectors to overcome fiscal deficit and remove fiscal imbalances has created a situation where the very economic survival of the country is at stake. Our economic survival now lies in collecting taxes wherever due by abandoning the policy of appeasement towards the power...Read More

Dr. Ikramul Haq The persistent failure of our financial managers and tax collectors to overcome fiscal deficit and remove fiscal imbalances has created a situation where the very economic survival of the country is at stake. Our economic survival now lies in collecting taxes wherever due by abandoning the policy of appeasement towards the powerful...Read More

Dr Ikramul Haq[1] The tall claims made by the government about six months back that by 1st January 2001, it would introduce majors tax reforms and even promulgate a new Income Tax law proved to be yet another promise not kept. The deadline has now been extended to budget time when the finance ordinance will...Read More

By Dr.Ikramul Haq Dr. Ikramul Haq, a leading international tax counsel, is a well-known author specialising in international tax, press, intellectual property, corporate and constitutional law. Dr. Ikram is Chief Partner of Lahore Law Associates (fax: +92 42 7226953, e-mail: irm@brain.net.pk; website: http://www.paktax.com.pk). He is a member of the visiting faculty of the Institute of...Read More

Illegal, ill-advised and unconstitutional   Dr. Ikramul Haq[*] The Central Board of Revenue (CBR), apex administrative authority responsible for collection of federal taxes, has come up with an innovative way to realise its targets fixed for sales tax by penalizing the manufacturing sector forcing it not to sell “raw material” to non-registered persons. It can...Read More