The quest for tax reforms
Huzaima Bukhari & Dr Ikramul Haq The Federal Board of Revenue (FBR) surpassed the revised targets for fiscal year (FY) 2020-2021 and for the first four months of the current FY (see details below) as elaborated by Chairman of FBR…
Human Trafficking: New Trends
Huzaima Bukhari “Human trafficking is not only an injustice to the victim, but it is an injustice unto the families and friends of that victim”—Asa Don Brown The world today is in turmoil. A cursory look around would show signs…
Pakistan, IMF & SBP
Huzaima Bukhari & Abdul Rauf Shakoori Shehbaz Sharif, Prime Minister of Pakistan’s maiden visit to the Gulf seems to be fructuous and is expected to generate desired results. During this tour, he met with the leadership of Saudi Arabia and…
Will the blame game continue?
Huzaima Bukhari “When you blame others, you give up your power to change”—Robert Anthony Life has its ups and downs. When the going is good, we take full credit but when faced with misfortunes, we look for a scapegoat to…
Rising inflation & remedial actions
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori The evolving global and local geopolitical landscape is posing serious economic challenges for the new government in Pakistan in the backdrop of an already ailing economy. In the recent months and…
Daunting challenges for new government
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori Pakistan at the moment is going through chronic political and economic turmoil. The most critical elements of the present crisis are polarisation of society and the effects of populist economic decisions…
The forbidden animal
Huzaima Bukhari “إِنَّمَا حَرَّمَ عَلَيْكُمُ الْمَيْتَةَ وَالدَّمَ وَلَحْمَ الْخِنْزِيرِ وَمَا أُهِلَّ بِهِ لِغَيْرِ اللَّهِ “He has only forbidden to you dead animals, blood, the flesh of swine, and that which has been dedicated to other than Allah. But whoever is…
State gifts, tax evasion & rule of law
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori “Qui sentit commodum, sentire debet et onus” This famous legal maxim states that those who receive an advantage must also bear the burden. Former Premier Imran Khan who succumbed to the…
Youth and political turmoil
Huzaima Bukhari “Only a country that feels invulnerable can afford political turmoil as entertainment”—Lionel Shriver (American journalist) Pakistan has recently witnessed another political debacle following the no-confidence motion against then prime minister Imran Khan on April 9, 2022 who, after…