Tax & Corporate Law Articles by Huzaima & Ikram

Huzaima & Ikram’s articles collect decades of published analysis on Pakistan’s tax and corporate law — income tax, sales tax, FBR reforms, budgets and constitutional questions — by Dr. Ikramul Haq, Huzaima Bukhari and Abdul Rauf Shakoori, including pieces first published in Pakistan’s leading newspapers.

Countering illicit financial flows

Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori The illicit movement of funds is a global challenge, threatening domestic and international financial systems. The…

Complicated social interactions

Huzaima Bukhari “Life is a catwalk and brings us into the limelight of human and social interaction. It teaches us to watch sympathetically, listen responsively,…

IMF programme & reforms

Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori Pakistan, one of the major victims of climate change, is fighting alone to manage the damages…

Reciprocity of taxes

Dr. Ikramul Haq People of Pakistan, especially with low and fixed incomes, have once again been burdened with exorbitant indirect taxes amidst hyperinflation and rising…

Bailouts or deathblows  

Dr. Ikramul Haq In less than a month, Pakistan’s currency has lost more than a quarter of its value against the U.S. dollar, and fuel…

Reciprocity of taxes

Dr. Ikramul Haq Time and again, not only the ordinary Pakistanis but politicians as well complain that prevalent tax system is unjust and that the…

Tax Gap: Myth & Reality

Dr. Ikramul Haq   In a study uploaded on its website, titled Tax Gap Report 2022[“the Report’], the Federal Board of Revenue (FBR) claims that…

FBR, IMF & revenue targets

Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori The federal budget for fiscal year (FY) 2022-23 assigned an ambitious target of Rs. 7.470 trillion…

Prudent fiscal management

Dr. Ikramul Haq Undoubtedly, Pakistan is presently facing the worst multidimensional economic crisis of its history. From serious dollar crunch to monstrous debt burden, historic…

Lethargic economic management

Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori About 84 % of countries are expected to have lower headline (consumer price index) inflation in…