Anti Money Laundering laws
Self-contradictory ActsDr. Ikramul HaqThe rulers of Pakistan are fond of making self-contradictory statements and acting in a diametrically opposite manner than what they publicly profess. The incontrovertible evidence of it came during the recent two-day [March 29-30, 2005] international seminar…
Rise of drug trade and fascism
Dr. Ikramul Haq[*]June 26 marks the International Day against drug abuse and illicit trafficking. The worldwide observance was decided by the United Nations General Assembly in 1987 to raise the level of awareness in the international community about the dangers…
Income Tax Ordinance, 2001
Anomalies, lacunae and inconsistenciesHuzaima Bukhari & Dr. Ikramul HaqHuzaima Bukhari & Dr. Ikramul Haq, leading tax consultants, are well-known authors of many books on Pakistani tax laws. They work for a multi-disciplinary firm, HUZAIMA & IKRAM (fax: +92 42 5310721,…
Remembering Mumbai carnage
Huzaima Bukhari & Dr Ikramul HaqToday, November 27, 2009 marks one year of the ghastly three-day carnage in Mumbai—blatant acts of terrorism targeting common people and a leading hotel that jolted entire India and the world at large. It is…
Oath of Office (Judges) Order 2007
Supreme Court’s per incuriam judgementHuzaima Bukhari & Dr. Ikramul HaqIn view of the hierarchical character of judicial system in Pakistan, it is of paramount importance that the law declared by courts should be certain, clear and consistent. It is an…
November 14, 2012 (Wednesday)News & Views Newsletter from Ashraf Reza & Company, Bahawalpur, www.ashrafrezaandcompany.com,email: reza888itp@gmail.comAssalam o Alaikum W’Rahmatullah W’Barakatuhu !!!Cabinet likely to approve two new tax schemes today The Federal Cabinet which, is…
The new Tax Laws (Amendment) Bill, 2012
The new Tax Laws (Amendment) Bill, 2012 has incorporated registration and investment schemes allowing individuals to pay registration tax of Rs 40,000 (first month), Rs 50,000 (second month) and Rs 70,000 (third month) for legalisation of assets and income. On 4…
Why another tax amnesty?
Huzaima Bukhari & Dr. Ikramul HaqFederal Board of Revenue (FBR) has once again admitted its failure in dealing with the powerful class of traders forcing them to file tax returns as other persons do. The government of the day, as…
Why another tax amnesty?
Huzaima Bukhari & Dr. Ikramul HaqThe Federal Board of Revenue (FBR) has once again admitted its failure in dealing with the powerful class of traders in forcing them to file tax returns as other persons do. The government of the…