Unpaid refunds: continuation of ‘Dar(k) Era’
Huzaima Bukhari & Dr. Ikramul Haq The poor genuine exporters were left begging for their refunds but fraudsters made up bogus documentation and decamped with huge amounts, unpunished and unquestioned—Tahir Jahangir, Chairman, Towel Manufacturers Association of Pakistan The Chairman of…
Democracy & rule of law
Huzaima Bukhari “The rule of law is the basis for any democracy. And without the rule of law in democracy, you have chaos”—Meles Zenawi, 13th Prime Minister of Ethiopia from 1995 to his death in 2012 According to the World…
Fiscal Management: Issues & Challenges
Huzaima Bukhari & Dr. Ikramul Haq An unusual decline in revenue collection and steep rise in current expenditures caused a deterioration in all major fiscal indicators during FY19. The overall budget deficit during the year stood at a historic high…
Fiscal Management: Issues & Challenges
Huzaima Bukhari & Dr. Ikramul Haq An unusual decline in revenue collection and steep rise in current expenditures caused a deterioration in all major fiscal indicators during FY19. The overall budget deficit during the year stood at a historic high…
2020: main fiscal challenges
Huzaima Bukhari & Dr. Ikramul Haq “An unusual decline in revenue collection and steep rise in current expenditures caused a deterioration in all major fiscal indicators during FY19. The overall budget deficit during the year stood at a historic high…
Collect aggressively, refund reluctantly
Dr. Ikramul Haq The poor genuine exporters were left begging for their refunds but fraudsters made up bogus documentation and decamped with huge amounts, unpunished and unquestioned—Tahir Jahangir, Chairman, Towel Manufacturers Association of Pakistan The allegations levelled in article, written…
Clash of the Titans—two wrongs, one right?
Huzaima Bukhari “Under all wrongdoing lies personal vanity of the feeling that we are endowed and privileged beyond our fellows”―James Stephens, Irish novelist and poet If someone has willfully committed a wrong, it should be admitted and the victim must…
Supreme Court, dictators & tax codes
Huzaima Bukhari & Dr. Ikramul Haq On September 13, 2001, the duo of General Pervez Musharraf [who seized power in a military coup on October 12, 1999 and resigned on August 18, 2008 from the presidentship to avoid impeachment, now…
Law of binding precedents
Huzaima Bukhari & Dr. Ikramul Haq INTRODUCTION In view of the hierarchical character of the judicial system in Pakistan, it is of paramount importance that the law declared by courts should be certain, clear and consistent. Inconsistencies create distrust in…