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 high inflation to exorbitant discount rate, widening fiscal deficit to unsustainable debt servicing, vulnerabilities on…
Of assets declaration & IMF bailouts
Dr. Ikramul Haq & Abdul Rauf Shakoori “Priority measures include the establishment of an asset declaration system with a focus on high-level public officials (including federal cabinet members) (end-March 2022 SB) [SB is structural benchmark], reset to end-September 2022), and…
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 2023 than in 2022. Global inflation is set to fall from 8.8 % in 2022…
Public Manifesto—III
Road to prosperity Dr. Ikramul Haq A fair and just tax system is at the core of social democracy. Funds contributed by taxpayers should be expended for meeting state expenses and providing social justice to all citizens. This perspective is…
Defying defiance!
Huzaima Bukhari “Dominance. Control. These things the unjust seek most of all. And so it is the duty of the just to defy dominance and to challenge control”—Robert Fanney The meaning of the word ‘defiance’ according to the Oxford Dictionary…
Need for prudent economic diplomacy
Dr. Ikramul Haq & Abdul Rauf Shakoori Our foreign policy is one of friendliness and goodwill towards all the nations of the world. We do not cherish aggressive designs against any country or nation. We believe in the principle of…
Public manifesto—II
First reform thyself! Dr. Ikramul Haq It is shocking that only two political parties have filed income tax returns for tax year 2022 out of 27 registered with Federal Board of Revenue (FBR) and 130 with Election Commission of Pakistan…
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…