New tax model for prosperity
Huzaima Bukhari & Dr. Ikramul Haq There is hardly any doubt about the huge tax gap in Pakistan that is about 70% of the actual collection if not more. It is not only because of weaknesses in enforcement of…
Tax gap & bad policy measures
Huzaima Bukhari & Dr. Ikramul Haq There is hardly any doubt about huge tax gap in Pakistan. It is not only because of weaknesses in enforcement of Federal Board of Revenue (FBR) and provincial tax agencies, but also attributed…
Sports & sportsmanship
Huzaima Bukhari “Sports inculcate something in you that no institution, family or friendship can. A quality that eventually emanate(s) from you, something called Sportsmanship”―Sandeep Sahajpal If Earth has to be divided on the basis of competition, it would probably be…
SBP: Autonomy through Heteronomy
Dr. Ikramul Haq On the economic front, the incumbent coalition government of Pakistan Tehreek-i-Insaf (PTI) believes that all its failures are due to the current structure of the State Bank of Pakistan (SBP). It is view of the PTI government…
Institutional Challenges
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori The majestic architecture of a state stands with the support of three main pillars, namely, Legislature, Executive, and Judiciary. The success and strength of a state consolidate when all these work…
Historic collection by FBR[i]
Huzaima Bukhari & Dr Ikramul Haq The Federal Board of Revenue (FBR) has surpassed the third-time revised target of fiscal year (FY) 2020-2021 and for the first time crossed the mark of over Rs. 4.7 trillion by collecting Rs. 4732…
T-20 World Cup-sportsmanship
Huzaima Bukhari “Sports inculcate something in you that no institution, family or friendship can. A quality that eventually emanate(s) from you, something called Sportsmanship”―Sandeep Sahajpal If Earth has to be divided on the basis of competition, it would probably be…
Rejoinder to ‘unconstitutional taxation by provinces’
Huzaima Bukhari & Dr. Ikramul Haq In response to our article [Unconstitutional taxation by provinces, Business Recorder, January 3, 2020], a letter was published on January 9, 2020 under the titled ‘Unconstitutional’ taxation by provinces: SRB’s response’that raised some questions…
Perpetual quest for wealth
Huzaima Bukhari “Imam Hussein Ibn Ali al-Shaheed was once asked: what is affluence? He said: ‘Decreasing your wishes, and being satisfied with what is enough for you”―Allama Majlisi Biharol Anwar Vol. 78 P. 102 Wishes are endless and usually the…