2023: Year of Road to Prosperity
Dr. Ikramul Haq & Abdul Rauf ShakooriPunjab Revenue Authority (PRA) Chairman Zainul Abedin Saki has ruled out the possibility of creating one organisation—Pakistan Revenue Authority—in the name of the harmonisation of taxes. “If the federation and the provinces have the…
2023: Roadmap to prosperity
Dr. Ikramul HaqPathetic performance of Federal Board of Revenue (FBR) and provincial tax agencies in bridging the huge tax gap and wasteful expenses on the part of federal and provincial governments are badly affecting the fiscal scene. On the one…
2023: Disappointments & hopes
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf ShakooriYear 2022 is bidding farewell to Pakistan leaving behind some unpleasant memories, natural disaster in the form of floods as well as self-inflicted political instability and economic uncertainty. The negative outcomes of…
Tax policy for 2023
Dr. Ikramul Haq & Abdul Rauf ShakooriThe financial viability of any country is dependent on its revenue generation capacity. Governments collect revenues through various sources such as taxes on incomes and/or assets, consumption and transfer receipts from natural and artificial…
Legacy of Benazir Bhutto—II
Dr. Ikramul HaqIt is an established fact that PPP, PMLN and PTI, made no worthwhile efforts to trace and punish the real hidden hands behind the assassination of Benazir Bhutto. The verdict announced by an anti-terrorism court (ATC) in Benazir…
Pakistan’s rendezvous with IMF
Dr. Ikramul Haq & Abdul Rauf ShakooriDuring the first quarter of the 2022-2023 financial year (FY) Pakistan emerged successful in the combined seventh and eighth reviews of the Extended Fund Facility (EFF) approved by the International Monetary Fund (IMF) which…
2022: Judiciary under review
Dr. Ikramul Haq & Abdul Rauf ShakooriThe modern national/democratic states are run on the well-established principle of separation of powers—in the Constitution of Islamic Republic of Pakistan [“the Constitution”] this is well-enshrined as trichotomy of powers. Under the trichotomy of…
Legacy of Benazir Bhutto—I
December 27, 2022 marks the 15th death anniversary of Shaheed Mohtarma Benazir Bhutto. She became the first female Prime Minister of Muslim World in 1988 and served two terms (1988–90 and 1993–96) as Prime Minister of Pakistan. In recognition of her great…
2023: challenges on fiscal front
Dr. Ikramul HaqFor Pakistan, the main challenges on the fiscal front for 2023, just a few days away, will not only be revival of a fast deteriorating economy amidst perpetual political instability, meeting losses arising out of devastating floods and…