Reforms for growth & prosperity
Dr. Ikramul Haq“A comprehensive strategy has been formulated to shift the gear and move to higher economic growth. I do not believe in increase in taxes to increase revenue collection but those outside the tax net would be tapped. The chances…
Budget 2021: Taxes, Inflation, Growth & IMF
Huzaima Bukhari & Dr. Ikramul HaqThe biggest challenge on tax mobilisation front faced by Federal Board of Revenue (FBR) is bridging monstrous tax gap through automation and introduction of tax intelligence system and not levying more taxes or enhancing the…
Pakistan, IMF & “debtocracy”
Dr Ikramul HaqA poor country [Pakistan] struggling to meet the basic needs of its people, under the pressure of the pandemic its creditors are now being forced into a financial arrangement that will erode any semblance of democratic control over…
Budget 2021
Out of box solutions or IMF agenda?Huzaima Bukhari & Dr. Ikramul HaqThe fourth Finance Minister Shaukat Fayaz Ahmed Tarin of the coalition government of Pakistan Tehreek-i-Insaf (PTI) immediately after taking oath of his office is faced with the daunting challenge…
Beyond biases
Huzaima Bukhari“It’s not at all hard to understand a person; it’s only hard to listen without bias”— Criss Jami, KillosophyA lot can be derived from the thinking of a 12 year old boy who transcribed it in his tweet after 49…
Irrational taxation & high inflation
Huzaima Bukhari & Dr Ikramul HaqThe Federal Board of Revenue (FBR), in a Press release issued on May 1, 2021, claimed collection of net revenue of Rs. 3780 billion during the first ten months of the current fiscal year, exceeding…
Fiscal challenges before Shaukat Tarin
Huzaima Bukhari & Dr. Ikramul HaqThe coalition Government of Pakistan Tehreek-i-Insaf (PTI) is facing grim challenges on the fiscal front as Summary of Consolidated Federal and Provincial Fiscal Operations, 2020-21, released by the Ministry of Finance (MoF) on February 3,…
Budget 2021 & need for federalised tax apparatus
Dr. Ikramul Haq“A comprehensive strategy has been formulated to shift the gear and move to higher economic growth. I do not believe in increase in taxes to increase revenue collection but those outside the tax net would be tapped. The chances…
Tax proposals for Budget 2021
Growth, broad base & low-rate taxesHuzaima Bukhari, Dr. Ikramul Haq & Syed Muhammad Ijaz“A comprehensive strategy has been formulated to shift the gear and move to higher economic growth. I do not believe in increase in taxes to increase revenue collection…