Taxation of immovable property
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori The National Assembly through Finance Act 2012 amended section 37(5) of the Income Tax Ordinance, 2001 [“the Ordinance”] and for the first time levied capital gains tax (CGT) on disposal of…
Judicial shenanigans
Dr. Ikramul Haq & Abdul Rauf Shakoori It is better 100 guilty Persons should escape than that one innocent Person should suffer— Benjamin Franklin The judiciary plays an important role in nation building by ensuring implementation of rule of law…
Public Manifesto—I
Dr. Ikramul Haq 2023 is election year in Pakistan, a time for all political parties to start preparing/finalising/unveiling their manifestos. For true democratic dispensation, which alone ensures mass participation in politics, it is imperative to debate out-and-out reforms in all…
Wallowing!
Huzaima Bukhari “Pain is something to master, not to wallow in”—Anaïs Nin “Why me, O’ God?” is one of the most frequently asked questions in the world. This happens when we are confronted with an unfortunate situation in our lives….
Wheat crisis: challenges & solution
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori Agrarian economy of Pakistan employs a large workforce and considered vital from a social, livelihood and foreign exchange perspective. Agriculture’s share in total GDP in the fiscal year (FY) 2021-22, according…
Road to self-sustainability
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori During the last few decades, global economies have been facing tough challenges. The recent spell started in March 2020 when Covid-19 endemic jolted domestic and international business activities, besides taking heavy…
Pearls of economic slowdown
Dr. Ikramul Haq & Abdul Rauf Shakoori After assuming power in April 2022 the alliance government of Pakistan Democratic Movement (PDM) has intentionally taken a number of measures, to slow down economic activities in the country. Aimed at “cooling down”…
Fighting inflation: A tough call
Dr. Ikramul Haq & Abdul Rauf Shakoori The long-outstanding and unaddressed economic issues of Pakistan have gradually culminated into a daunting challenge that now casts serious doubts about the state’s ability to continue as a sustainable economic entity. The prevalent…
The mess that is traffic!
Huzaima Bukhari “If I complain about a traffic jam, I have no one to blame but myself”—Steve Wynn According to government statistics as of 2021, total number of road accidents was 10,429 out of which 4,721 were fatal, 5,708 were…