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….
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…
HOW TO DISPENSE WITH OPPRESSIVE TAX SYSTEM
By Ikramul Haq* Over the last many years, the need for tax reforms is stressed and reiterated by all quarters including the Government itself. However, each attempt in this direction during the last several decades proved to be a complete…
Government-Traders Agreement on GST
By Dr. Ikramul Haq 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,…
Government-Traders Agreement on GST
By Dr. Ikramul Haq 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,…
Government-Traders Agreement on GST
By Dr. Ikramul Haq 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,…
“Secrecy” of tax declarations
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World Bank on tax reforms
World Bank & tax reforms Huzaima Bukhari & Dr. Ikramul Haq The World Bank in an appraisal paper related to Pakistan Raises Revenue (PRR) Project has termed “vested interests lobbying for tax exemptions, internal tensions and wariness of change among…
Pakistan Day Resolve–Friday Times
Pakistan Day’s Resolve Huzaima Bukhari & Dr. Ikramul Haq The resolution of March 23, 1940 paved the way for a separate homeland for the Muslims of India after a long-drawn struggle against colonial rule. However, since independence on August 14,…