Regulating Money Service Business
Huzaima Bukhari & Abdul Rauf ShakooriThe flow of illegal proceeds is a challenge for the global community. The study conducted by United Nations Office on Drugs and Crime (UNODC) states that the total volume of criminal proceeds amounts to 3.6…
The Nuisance of Inflation
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf ShakooriThe gulf between the income of a common man and prices of necessities of life is broader than ever before and resultantly his struggle to make ends meet is becoming more and…
Stripped and abused!
Huzaima Bukhari“Men don’t sexually assault women because they are lustful; they do it because they want to dominate, humiliate and abuse women. They do it because they view women as objects” ―Kirsten PowersMany times ordinary people have managed to catch…
No one be judge in his own cause!
Huzaima Bukhari & Dr. Ikramul HaqIn Karachi one Additional Commissioner in an order passed under section 122(5A) of the Income Tax Ordinance 2001 [hereinafter “the Ordinance”] declared the judgement of honourable Sindh High Court in Honda Shahra-e-Faisal v CIT 2005…
Documenting economy through financial inclusion
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf ShakooriTo achieve financial inclusion-related objectives National Financial Inclusion Strategy (NFIS) was launched by Pakistan in May 2015. The strategy was devised to achieve short-term as well as long-term goals. The short-term goal…
Improving voluntary tax compliance
Huzaima Bukhari & Dr. Ikramul HaqThe Inland Revenue is here to ensure that everyone understands and receives what they are entitled to and understands and pays what they owe, so that everyone contributes to the UK’s needs—slogan on website of…
State—a moral person?
Huzaima Bukhari“When there is a lack of honor in government, the morals of the whole people are poisoned”―Herbert HooverWhen Joseph Conrad said that the belief in a supernatural source of evil is not necessary as men alone are quite capable…
Deteriorating economic conditions
Abdul Rauf Shakoori & Dr. Ikramul HaqAs per statistics released by the State Bank of Pakistan (SBP), Pakistan’s economy posted a growth of 3.9% in the Financial Year (FY) 2021. This seems to be an impressive recovery as compared to…