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, 1947, our state…
Stop violence & politicizing police
Dr. Ikramul Haq & Abdul Rauf Shakoori The prime responsibility of the police in a country is to maintain law and order, protect the citizens’ lives and properties and take cognizance of offences under the law. A country’s peaceful environment…
Fundamental tax reforms
Dr Ikramul Haq The Pakistan Tehreek-i-Insaf (PTI) after came into power has failed to fulfil its election promise of rationalisation of the tax system even with $400 million loan from the World Bank, which has been reportedly downgraded “due to…
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 the Federal Board of Revenue…
All Are Naked In Toshakhana Hall!
Dr. Ikramul Haq “When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it”—…
Need For Courageous Leaders
Huzaima Bukhari “Men make history and not the other way around. In periods where there is no leadership, society stands still. Progress occurs when courageous leaders seize the opportunity to change things for the better”—Harry S. Truman History seems to…
New FATF guidelines
Shell companies & beneficial ownership Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori Shell companies are considered the safest means to stash wealth created through criminal activities. Incorporation of shell companies is not illegal but they are normally formed…
Bourgeoning debt and fiscal woes
Dr. Ikramul Haq & Abdul Rauf Shakoori Questionable decisions of our rulers, judiciary and establishment have pushed the country into a precarious situation where discharge of domestic and foreign obligations poses formidable challenges. The sovereign debt levels of Pakistan have…
Taxation & inflation
Dr. Ikramul Haq The 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….