Manufacturing, Mining and Investment
The growth performance of overall manufacturing in general and large-scale manufacturing to particular has been lackluster at best in the 1990’s. After growing at an average rate of 8.2 percent in the 1980’s. The growth of large-scale manufacturing slowed to…
Ability-to-Pay Principle of Taxation
Dr. Ikramul Haq[i]It states that if a given amount of revenue is needed to finance public services, then each taxpayer should contribute in line with his ability-to-pay taxes. Those who possess more economic power (income and wealth) should contribute more…
Ability-to-Pay Principle of Taxation
Dr. Ikramul Haq[i]It states that if a given amount of revenue is needed to finance public services, then each taxpayer should contribute in line with his ability-to-pay taxes. Those who possess more economic power (income and wealth) should contribute more…
Revenue Collection: Facts & Fallacies
Dr. Ikramul Haq[*]The worthy finance minister of Pakistan appears to be totally ignorant about the reliability of fiscal data prepared and fed to him by the Central Board of revenue (CBR). In a news conference in Islamabad on 27 April…
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…
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…