Tax frauds, corruption & NAB
Huzaima Bukhari & Dr. Ikramul HaqIn majority tax frauds, the usual parties are the official(s) and the taxpayer(s). Cases where unilateral tax fraud is committed are rare such as using fictitious bank account(s) to obtain fake refunds. But even in…
Mounting debt burden
Huzaima Bukhari & Dr Ikramul HaqPublic debt as percentage of GDP was recorded at 84.8 percent at end June 2019 compared with 72.1 percent at end June 2018. This increase was primarily due to the build-up of liquidity buffers and…
Taxpayers’ Bill of Rights
Dr. Ikramul HaqThe Prime Minister of Pakistan, Imran Khan, has repeatedly asserted that Pakistanis are hesitant to pay taxes with the same zeal as they act as philanthropists. The main cause identified by him is mistrust between the taxpayers and…
Life—simply complicated?
Huzaima Bukhari“Life is really simple but we insist on making it complicated”—Confucius.Nothing seems to satisfy man! Those living in the villages yearn for the bright city lights and sounds and the city dwellers enviously view the villager’s laid back lifestyle….
Stay of recovery in tax matters
Huzaima Bukhari & Dr. Ikramul HaqIn tax disputes the principles relating to stay of recovery in appropriate cases with or without condition, whether provided statutorily or as a matter of inherent jurisdiction, are well-established. The highest court of the country,…
Stay of recovery in tax matters
Huzaima Bukhari & Dr. Ikramul HaqIn tax disputes the principles relating to stay of recovery in appropriate cases with or without condition, whether provided statutorily or as a matter of inherent jurisdiction, are well-established. The highest court of the country,…
PTI, traders & taxes
Huzaima Bukhari & Dr. Ikramul Haq“I will not give in to unreasonable pressure of the business community as it would be traitorous to my countrymen…I will not step back after countrywide strikes by the business and trading fraternity….”—PM vows not…
Oppressive taxes & rich-poor divide
Dr. Ikramul HaqThe world’s 2,153 billionaires have more wealth than the 4.6 billion people who make up 60 percent of the planet’s population—Oxfam’s report, ‘Time to Care’, published on 20 January 2020.In Pakistan, the average net worth of a parliamentarian…
From defeat comes victory!
Huzaima Bukhari“Only a man who knows what it is like to be defeated can reach down to the bottom of his soul and come up with the extra ounce of power it takes to win when the match is even”—Muhammad…