Overcoming fragmented taxation
Huzaima Bukhari, Dr Ikramul Haq & Dr Muhammad Babar ChohanFiscally, Pakistan is a highly undisciplined country. The main reason is scattered taxation by multiple agencies working under federal, provincial and local governments without necessary coordination and data sharing. As a…
Reviewing Pak-China Trade Relations
OrReviewing CPEC: What is wrong? Pakistan and China has a proud history of diplomatic and strategic relationship but when it comes to trade relations there is much to be desired and achieved. The two major trade initiatives between the neighbors are…
A tax for the poor that rich never paid
Dr. Ikramul HaqThe fiscal woes of Pakistan are due to naked defiance of the rich to pay due taxes on their enormous incomes/wealth. A progressive tax (Income Support Levy), legislated in 2013, remains unpaid till today by 99% parliamentarians and…
Agenda for survival
Dr. Ikramul HaqThe main cause of our pathetic socio-political and economic situation is existence of inefficient, corrupt, repressive and criminal institutions, which do not give a damn for the welfare of the common people. The successive governments’ policies of self-aggrandizement…
Agenda for survival and growth
The main cause of our pathetic politico-economic situation is existence of inefficient, corrupt, repressive and criminal governments/institutions, which do not give a damn for the welfare of the common people. We will have to move quickly and decisively to restore…
China’s lawfare against corruption and lessons for Pakistan (Part I)
By Hassan Aslam Shad and Dr. Ikram Ul HaqPrime Minister Imran Khan’s visit to China, which concluded on 6 November, was another historic milestone in the growing geo-strategic China – Pakistan relationship. Elimination of poverty and corruption have been on…
FINANCE ORDINANCE, 2001
Analysis of Amendments in Income Tax LawByDr. Ikramul Haq[*]The Central Board of Revenue (CBR) has three mottos: passion for routine, resistance for change and promotion of mediocrity. The changes made in the different tax enactments through the Finance Ordinance 2001…
No Effort To Avoid Assessee-Collector Contact(s)
Dr. Ikramul Haq[*]There has been much talk of reducing or even eliminating the contact between the tax payers and the tax collectors to overcome the deep-rooted corruption rampant in the tax machinery. The worthy Finance Minister, on more than one…
Budget 2001-2002
Tax policies for industrial investmentDr. Ikramul Haq[*]Pakistan needs rational tax policies, having both short-term and long-term goals, to achieve self-reliance, which can only be possible if rapid investment for industrialisation is ensured. The unabated and mounting fiscal deficit, which is…