Oath of Office (Judges) Order 2007
Supreme Court’s per incuriam judgement Huzaima Bukhari & Dr. Ikramul Haq In 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…
November 14, 2012 (Wednesday)News & Views Newsletter from Ashraf Reza & Company, Bahawalpur, www.ashrafrezaandcompany.com,email: reza888itp@gmail.com Assalam o Alaikum W’Rahmatullah W’Barakatuhu !!! Cabinet likely to approve two new tax schemes today The Federal…
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 Haq Federal 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,…
Why another tax amnesty?
Huzaima Bukhari & Dr. Ikramul Haq The 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…
Yet another tax amnesty scheme!
Huzaima Bukhari & Dr. Ikramul Haq It is disturbing to hear that the Federal Board of Revenue (FBR) is contemplating yet another tax amnesty scheme for tax evaders. The Parliament instead of entertaining any such scheme should seriously consider introducing…
Tax amnesty for whom?
Huzaima Bukhari & Dr. Ikramul Haq The Transparency International Pakistan (TIP), in a letter, has prayed to “the Honorable Chief Justice of Pakistan to take suo moto action on FBR’s proposal of two blanket tax amnesty schemes, voluntary tax registration…
Remembering Peshawar tragedy
Huzaima Bukhari & Dr. Ikramul Haq It is tragic that even after lapse of four years, the state machinery has failed to unveil the real hands behind the 2014 tragedy of Peshawar Army Public School. These were the same forces…
Time up for fiscal integration
Huzaima Bukhari, Dr Ikramul Haq and Dr Muhammad Babar Chohan The biggest challenge faced by our tax system at national and provincial levels is perpetuation of a highly fragmented structure that is not only inefficient but also responsible for not…