Taxes for prosper Pakistan
Dr. Ikramul Haq“The Laffer Curve, by the way, was not invented by me; it has its origins way back in time. For example, the Muslim philosopher Ibn Khaldun wrote in his fourteenth-century work The Muqaddimah: It should be known that…
Fixing the ailing tax system
Huzaima Bukhari & Dr. Ikramul HaqOn February 22, 2019, the Government of Tehreek-i-Insaf (PTI) published two tax directories—‘Parliamentarians Tax Directory’and ‘Tax Directory for the year ending 30 June 2017’ (these have been tabulated from returns filed manually and electronically till…
Optimizing tax collection
Huzaima Bukhari & Dr. Ikramul Haq“If we realise that the FBR cannot be fixed, we will create a new FBR. This is because Pakistan’s survival is linked to it. It’s not about our liking or disliking: if our tax collection…
Equality in inequality!
Huzaima Bukhari“The worst form of inequality is to try to make unequal things equal”—AristotleWith the introduction of biometric verification whereby a person can be uniquely identified by evaluating one or more distinguishing biological traits, including fingerprints, hand and earlobe geometry,…
Fundamental tax reforms
Dr. Ikramul Haq“If we realise that the FBR cannot be fixed, we will create a new FBR. This is because Pakistan’s survival is linked to it. It’s not about our liking or disliking: if our tax collection authority does not…
Unconstitutional taxation
Dr. Ikramul HaqThe National Assembly, through Finance Act 2012, amended section 37(5) of the Income Tax Ordinance, 2001 and for the first time levied income tax on capital gain of immovable property. Punjab levied a similar tax in Finance Act…
Taxation: Institutional Reforms
Huzaima Bukhari & Dr. Ikramul HaqAll efforts in the name of tax reforms undertaken in Pakistan till today have miserably failed. These were nothing but mere patchwork here and there. Institutional reforms based on restructuring and redesigning of tax system…
Research on ‘Islamic’ taxation
Huzaima Bukhari & Dr. Ikramul HaqIt is an undeniable fact that the majority of Muslim world is faced with serious problems of income inequalities and injudicious distribution of wealth amongst the various segments of society. Even in the oil-rich countries,…
International Women’s Day
Remembering Mohtarma Fatima JinnahHuzaima Bukhari & Dr. Ikramul HaqMarch 8 marks International Women’s Day. On this day while highlighting the issues faced by women all the world and in Pakistan, we must remember Mohtarma Fatima Jinnah, who not only participated…