FBR’s performance (1996-97 to 2017-18)
(Rs. in billions)YearTargetsCollectionGrowth in Collection (%)Target Achieved (%)Tax to GDP ratioRatio in total taxes (%)Indirect taxesDirect taxes1996-97286.0282.15.298.611.669.830.21997-98297.6293.64.198.711.064.935.11998-99308.0308.55.1100.210.564.335.71999-00351.7347.112.598.79.167.532.52000-01406.5392.313.096.59.368.231.82001-02414.2404.13.097.69.164.735.32002-03458.9460.614.0100.49.467.033.02003-04510520.813.1102.19.268.331.72004-05590590.413.4101.89.168.931.12005-06690713.420.8103.49.468.531.52006-07935847.218.8101.59.860.639.42007-081.0001008.118.9100.89.861.538.52008-091,1791157.014.898.18.961.838.22009-101,3801327.414.769.09.060.439.62010-111,6671587.019.695.28.861.338.72011-121952.31883.018.296.59.160.839.22012-1320071939.403.096.68.561.838.22013-1422752254.516.099.08.861.138.92014-1528102589.913.092.29.260.139.92015-163103.73112.420.2100.39.660.939.12016-1736213367.88.092.99.860.139.92017-1840133842.114.197.610.460.040.0 Source: State Bank/Economic Annual Surveys & FBR Year BooksTable: FBR Tax Collection (2001-02 to 2017-18)(million rupees)Fiscal YearDirect TaxesSalesExciseCustomsTotal of Indirect TaxesTotal Tax CollectionIndirect tax…
Historic FATA/PATA merger
Opportunities & ChallengesHuzaima Bukhari & Dr. Ikramul HaqThe merger of Federally Administered Tribal Areas (FATA) with Khyber Pakhtunkhwa and Provincially Administered Tribal Areas (PATA) with respective provinces, as a result of assent of President to the Constitution (Twenty-fifth Amendment) Act,…
Tax exemptions (?) for FATA/PATA
Huzaima Bukhari & Dr. Ikramul HaqThe twenty-fifth amendment in the Constitution of Islamic Republic of Pakistan, officially called ‘The Constitution (Twenty-fifth Amendment) Act, 2018’, previously named as ‘The (Thirty-first Amendment) Act, 2018’, was passed by the National Assembly (May 24,…
Consolidate statement showing pendency, institution and disposal of cases during the period 1-30th September, 2018 in the Supreme Court of Pakistan, Federal Shariat Court, High Courts and District Judiciary
Superior CourtsPendencyInstitution during the periodDisposal during the periodBalanceSupreme Court of Pakistan40,8719881,63740,243Federal Shariat Court500684422Name of CourtsOld Cases Filed upto31-12-2011New Cases Filed from 1-1-2012Old + New(Grand Total)High CourtsPendDispBalPendInstDispBalPendInstDispBalLahore High Court10,30024310,057151,17214,70510,419155,458161,47214,70510,662165,515High Court of Sindh16,25426815,99376,8963,0233,74576,17693,1503,0234,01392,169Peshawar High Court3,426273,39926,2791,1921,24626,22529,7051,1921,27329,624High Court of Balochistan306112956,5493423446,5476,8553423556,842Islamabad High Court1,403241,37715,41281857715,70816,81581860117,085Total (High Courts)31,68957331,121276,30820,08016,331280,114307,99720,08016,904311,235District…
2019: Pakistan’s fiscal challenges
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 of 8.9 percent of…
2019: Review of PTI’s fiscal strategy
Avoiding reforms & imprudent policiesHuzaima Bukhari & Dr. Ikramul HaqAn 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…
2019: Review of PTI’s fiscal strategy
Avoiding reforms & imprudent policiesHuzaima Bukhari & Dr. Ikramul HaqAn 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…
On March 23, 1940, All India Muslim League in its annual session at Lahore [22-24 March 1940] passed Lahore Resolution that ultimately paved the way for a separate homeland [Pakistan] for the Muslims of British India on August 14, 1947 after a long-drawn struggle against colonial rule. This memorable day and adoption of Pakistan’s first constitution is celebrated as ‘Pakistan Day’ every year in Pakistan.
Pakistan Day: Reflections & ResolveDr. Ikramul HaqThe unprecedented sufferings of Pakistanis, especially the poor and less privileged, will continue unabated no matter how many Pakistan Days we celebrate, unless the society is restructured on the principles of equity, fairness and…
Pakistan Day
Dream of an egalitarian state Huzaima Bukhari & Dr. Ikramul Haq While celebrating 79th National Day, many Pakistanis expressed bafflement as to how a state purportedly created in the name of ‘Islam’ is juxtaposed with the term ‘Republic’. They wonder how…