CBR’s hostility towards salaried class
ByDr. Ikramul HaqDr. 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;…
My hand at humour!
Huzaima Bukhari“Kindness and a generous spirit go a long way. And a sense of humor. It’s like medicine-very healing”— Maximilian Paul Diarmuid Irons, an English-Irish actor and model. Born in 1985Having written a lot of serious stuff I thought it…
State oligarchy & tax breaks
Huzaima Bukhari & Dr. Ikramul HaqIn a country where development outlay is cut drastically every year and an indomitable State Oligarchy enjoys unprecedented tax-free perquisites and perks at the expense of taxpayers, what can one expect other than fiscal chaos…
Unprecedented Transgression of Power by CBR
ByDR IKRAMUL HAQDr. 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)….
Regularisation for the rich, demolition for the poor
Dr. Ikramul HaqPakistan—literally means ‘Land of the Pure’—is a unique country where the state patronises ‘corruption” (it includes amongst others tax evasion, money laundering, land grabbing, rent-seeking etc) for the rich and mighty. As for the weaker sections of society,…
ATTN: Sheikh Asif Salam
From: Dr Ikramul HaqSub: Non-Application of Section 50(1) regarding payments on account of Golden HandshakeOn behalf of our clients (List Annexed), we want to bring to your kind notice the following vis-à-vis non-application of deduction of tax at source on…
Budget Proposals 2019-2020
Documentation/Broadening of tax base/raising number of filers/The fundamental element of tax reforms is providing an efficient and competent administration, which is nowhere visible in Pakistan. Tax administrations, both at federal and provincial levels, lack the requisite level of digitization, professionalism…
How to Unearth Black Money?
Dr. Ikramul Haq*I. INTRODUCTION In the context of the prevailing grave financial crises in the country and the problem of ever-growing black money, (which according to official and independent experts is around Rs. 1.8 trillion, about 70 % of the…
Debt, taxes & self-reliance
Huzaima Bukhari & Dr. Ikramul HaqThe perpetual failure to tap the actual tax potential, which is not less than Rs. 8 trillion, has forced the successive governments to rely more and more on external and internal borrowings, pushing the country…