Taxpayer Bill of Rights
Dr. 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: http://www.paktax.com.pk)….
Pakistan: ensnared in debt trap
By Dr. Ikramul Haq[*]Pakistan, caught in a deadly debt trap, is struggling hard to get rid of external loans of 35 billion US$. There is a little hope to come out of this crisis or to stop looking towards IMF,…
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;…
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)….
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…
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…
TAX AMNESTY SCHEME 2000: AN ANALYSIS
By Dr. Ikramul Haq*I. INTRODUCTION The Central Board of Revenue (CBR) in its Circular No. 4 of 2000 dated 1st March, 2000, issued under Section 59D of the Income Tax Ordinance, 1979, unveiled yet another tax amnesty scheme to unearth…
The Politics of Loan Write Offs
By Dr. Ikramul Haq*The country’s banks and other financial institutions wrote off a staggering amount of over Rs 30 billion during the governments of Muhammad Khan Junejo, Benazir Bhutto and Nawaz Sharif. Two-thirds of the total loans – Rs. 22.35…
Income Tax base – Myth & Reality
By Dr. Ikramul Haq*The Central Board of Revenue has been consistently and persistently claiming that tax base of Pakistan is disappointingly narrow and majority of the people do not pay income tax. The reality is quite opposite. The people of…