Budget 2025: Rationalize Taxation For Growth And Employment Generation
Dr. Ikramul Haq Pakistan has one of the world’s lowest tax ratios, stemming from five main weaknesses: complexity, a narrow tax base, low compliance, inefficient tax administration, and low and declining provincial tax revenues—Pakistan Policy Note 16:…
Tax Policy, Compliant Taxpayers And Hesitant Return Filers
Dr. Ikramul Haq “The number of active taxpayers during FY 2023-24 highlights a total of 4.74 million active income tax filers and 234,193 sales tax filers across various regions”—Annual Performance Report (2023-24), Federal Board of Revenue (FBR)…
CPEC, Taxes & IMF
Dr. Ikramul Haq The authorities plan to undertake a holistic assessment of Special Economic Zones and Export Processing Zones to gradually phase out the existing incentives subject to contractual obligations. Phasing out of the incentives coupled with…
Budget 2025: time to innovate
Dr. Ikramul Haq & Abdul Rauf Shakoori Pakistan’s economy may enter a new, perhaps decisive, phase when the Federal Finance Minister, Muhammad Aurangzeb, presents the annual budget for fiscal year (FY) 2025–26 on June 10, 2025, at a time…
Budget 2025: Time for respite & reform
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori Pakistan has shown signs of overall stabilization, supported by improved fiscal performance, strengthened external account, and receding inflation. Revenue Mobilization and restrained current spending have contributed to a…
Human Sacrifices—How long?
Huzaima Bukhari “Dreams do come true, if only we wish hard enough. You can have anything in life if you will sacrifice everything else for it”—J.M. Barrie Among many things that are required to make one’s…
Budget 2025: For Nation’s Prosperity
Dr. Ikramul Haq & Abdul Rauf Shakoori The federal budget of Pakistan for the fiscal year (FY) 2025–26 is scheduled to be presented on June 10, 2025, following the release of Pakistan Economic Survey 2024–25 on June…
Budget 2025: How To Generate Extra Revenues Of Trillions
Dr. Ikramul Haq “If we were to construe Entry 52 of the Legislative List keeping in view the above meanings of the expression “in lieu of”, it becomes evident that the Legislature has the option instead of…
بجٹ 2025: کھربوں کی اضافی آمدنی کیسےممکن ہے!
بجٹ 2025: کھربوں کی اضافی آمدنی کیسےممکن ہے! حذیمہ بخاری، ڈاکٹر اکرام الحق “اگر ہم اسلامی جمہوریہ پاکستان کے آئین کے فورتھ شیڈول کے تحت وفاقی قانون سازی کی فہرست کے حصہ I کے اندرا ج 52 میں استعمال کردہ…