IMF: New East India Company in Pakistan
Dr. Ikramul Haq[1]The International Monetary Fund (IMF) is emerging as a new East India Company in Pakistan. It has decided to take over our revenue administration in the same manner as was done by the East India Company in the…
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Value Added Tax (VAT) in Pakistan Analysis of enforcement problemsByDr. Ikramul HaqI. INTRODUCTIONThe enforcement of sales tax [since 1990 it has been undergoing a gradual shift from General Sales Tax (GST) to Value Added Tax (VAT) type] in Pakistan is becoming…
Fiscal deficit: Mother of all ills
ByDr. Ikramul Haq*The persistent failure of our financial managers and tax collectors to overcome fiscal deficit and remove fiscal imbalances has created a situation where the very economic survival of the country is at stake. Our economic survival now lies…
Perplexity of tax managers
Dr. Ikramul HaqThe persistent failure of our financial managers and tax collectors to overcome fiscal deficit and remove fiscal imbalances has created a situation where the very economic survival of the country is at stake. Our economic survival now lies…
Sordid story of tax reform
Dr Ikramul Haq[1]The tall claims made by the government about six months back that by 1st January 2001, it would introduce majors tax reforms and even promulgate a new Income Tax law proved to be yet another promise not kept….
Sales Tax/VAT in Pakistan: A Comparative Study
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; website:…
Sales Tax Amendment Ordinance, 2001
Illegal, ill-advised and unconstitutional Dr. Ikramul Haq[*]The Central Board of Revenue (CBR), apex administrative authority responsible for collection of federal taxes, has come up with an innovative way to realise its targets fixed for sales tax by penalizing the manufacturing sector…
PAKISTAN
VAT/GST Enforcement: A Critical AnalysisByDr.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…
Sales Tax Amendment Ordinance, 2001
CBR’s nawa tamashaDr. Ikramul Haq[*]The Central Board of Revenue (CBR), apex administrative authority responsible for collection of federal taxes, has come up with an innovative way to realise its targets fixed for Sales Tax by penalizing the manufacturing sector forcing…