Critique of Virtual Assets Ordinance, 2025
Dr. Ikramul Haq & Abdul Rauf Shakoori The evolution of cryptocurrency regulation in Pakistan reflects a complex interplay of global influence, domestic resistance, and policy pause. The initial opposition from the State Bank of Pakistan (SBP) in 2018, coupled…
Judicial Barricade Against Retroactive Law: Pakistan’s Supreme Court Affirms Legal Certainty in Landmark Tax Ruling
78th Independence Day Quaid’s dream of egalitarian state
78 years of unprecedented sufferings
Dr. Ikramul Haq Pakistanis have endured 78 years of a painful journey comprising unprecedented politico and socio-economic sufferings, especially the poor and less privileged, for whom these continue unabated no matter how many Independence Days we celebrate, unless the…
78 tumultuous years
Section 21(s): Ill-advised & unreasonable
Dr. Ikramul Haq & Abdul Rauf Shakoori The challenges of fair and equitable tax collection and financial inclusion in Pakistan are deeply rooted in systemic constraints, widespread informality, and limited trust in the fiscal apparatus. The tax system remains…
Rationalizing fiscal federalism
Dr. Ikramul Haq & Abdul Rauf Shakoori The persistent underperformance of Pakistan’s tax machinery highlights a deeper structural dysfunction that transcends mere numerical deficits. The entrenched culture of reactive fiscal management, excessive dependence on indirect taxation, and…
Property Taxation: Need For Reforms
Dr. Ikramul Haq It would, however, be misleading to attribute the poor performance of the property tax system principally to the behaviour of tax collection staff. There is considerable evidence that the low-level equilibrium that we…