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.
Pakistan: Crucial FATF hearing
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori The last meeting of the FATF in February 2021 concluded on a mix note for Pakistan.…
Addiction & its treatment
Huzaima Bukhari “It is impossible to understand addiction without asking what relief the addict finds, or hopes to find, in the drug or the addictive…
Finance Bill 2021
Denying right to justice to taxpayers Dr. Ikramul Haq In the Finance Bill, 2021, a highly lamentable and unconstitutional amendment is proposed to the effect…
Finance Bill 2021
Oppressive taxes, anti-people & anti-growth Huzaima Bukhari & Dr. Ikramul Haq Finance Bill 2021, presented on June 11, 2021 along with budget, by the fourth…
Budget 2021—the public’s view
Huzaima Bukhari “When we engage in the critical decisions about our nation’s future budgets, I want progressive voices at the table to argue that we…
Belligerent parliamentarians!
Huzaima Bukhari “Everything is changing. People are taking their comedians seriously and the politicians as a joke”–Will Rogers Whether it is on innumerable talk shows…
Finance Bill 2021
Salaried class and FBR’s brutality Huzaima Bukhari & Dr. Ikramul Haq The proposed taxation under Finance Bill, 2021 of salary income including reimbursed medical expenses…
Finance Bill 2021
Salaried class and tax brutality Huzaima Bukhari & Dr. Ikramul Haq The proposed taxation of salary income on gross basis, for the first time in…
Budget 2021-22 & erratic taxation
Huzaima Bukhari & Dr. Ikramul Haq The federal budget for fiscal year (FY) 2021-22, third of the coalition Government of Pakistan Tehreek-i-Insaf (PTI) [hereinafter “the…
Budget, tax targets and fiscal deficit
Dr. Ikramul Haq In document titled, Federal Budget 2021-22: Budget in Brief, released with federal budget for fiscal year (FY) 2021-22 on June 11, 2021,…
Not a people’s budget
Dr Ikramul Haq Fixing of unachievable tax target for the FBR represents continuation of past legacies that relied on ill-directed, illogical, regressive and unfair taxes.…
Finance Bill 2021
Cautious optimism or justified pessimism? Huzaima Bukhari & Dr. Ikramul Haq The Finance Bill 2021 with federal budget will be unveiled today. Will it bring…
Unconstitutional “agricultural income” taxation
Huzaima Bukhari & Dr. Ikramul Haq “I think the landowners’ lobby is powerful in the assembly and they might not allow downward revision of non-taxable…
Power vis-à-vis character
Huzaima Bukhari “Power does not corrupt men; fools, however, if they get into a position of power, corrupt power”–George Bernard Shaw What is exactly meant…
Budget, jobs, taxes & growth
Huzaima Bukhari & Dr. Ikramul Haq “The Laffer Curve, by the way, was not invented by me; it has its origins way back in time.…
Tax proposals for Budget 2021
Growth, broad base & low-rate taxes Huzaima Bukhari, Dr. Ikramul Haq & Syed Muhammad Ijaz “A comprehensive strategy had been formulated to shift the gear…
Budgets of, by & for elites
Dr. Ikramul Haq Like every budget of Pakistan since decades, the latest one, expected on June 11, 2021, will be no different and having the…
Budget, tax targets & IMF
Dr. Ikramul Haq Budget for fiscal year 2021-22 is in the making amidst difficult times when the all sectors of economy need tax incentives for…
