Pakistan/FATF: Upcoming challenges
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf ShakooriThe first meeting of the Financial Action Task Force (FATF) after Pakistan’s exit from the list of jurisdictions under increased monitoring (commonly known as the Grey List) was held from February 22-24,…
Taxation & inflation
Dr Ikramul HaqThe Federal Board of Revenue (FBR), in a Press release issued on March 1, 2023, claimed collection of net revenue of Rs. 4493 billion in the first eight months of the current financial year (FY) against Rs. 3820…
Taxation: Blatant & Perpetual Violations of Constitution
Dr. Ikramul Haq “It will not be out of context at this stage to observe that our country has a Federal System of Government, which is based on trichotomy of power, each organ of the State is required to function/operate within…
Bourgeoning debt & fiscal woes
Dr. Ikramul Haq & Abdul Rauf ShakooriPakistan budget for financial year (FY) 2022-23 was presented with total outlay of Rs. 9.579 trillion with gross federal revenues at Rs.9.405 trillion. The government pitched Federal Board of Revenue (FBR) tax collections at…
Annual budgets & constitutional mandate
Dr. Ikramul HaqOn August 12, 2023, the present National Assembly will end its tenure as ordained in Article 52 of the Constitution unless sooner dissolved by President on the advice of Prime Minister. Strangely, the government of Pakistan Democratic Movement…
Second budget by PDM
Dr. Ikramul HaqOn August 12, 2023, the present National Assembly will end its tenure as ordained in Article 52 of the Constitution unless sooner dissolved by President on the advice of Prime Minister. Strangely, the government of Pakistan Democratic Movement…
Drama, drama, political drama!
Huzaima Bukhari“Drama starts where logic ends”—Ram CharanLife itself is a huge drama. From birth to death human beings are constantly moving from one scene and one act to another scene and another act. Aptly portrayed by William Shakespeare in his…
Return to Constitution
Dr. Ikramul Haq“A judge is to apply the Constitution according to the principles intended by those who ratified the document”—Robert H Bork, who failed to win confirmation as a judge to the U.S. Supreme Court in 1987Advocates of the theory…
Elites, inequalities & cronyism
Dr. Ikramul Haq & Abdul Rauf ShakooriWe live increasingly in a world of haves and have-nots, of gated communities next to ghettos, of extreme poverty and unbelievable riches. Some enjoy rights that are completely denied to others. Relative inequalities are…