Non-Taxable, Taxable, and Exempt Supplies
Syed Muhammad Ijaz While reading a judgment[1] of the Honorable Sindh High Court concerning the Sales Tax Act, 1990 (“the Act”), legal counsel submitted that the term “exempt” includes anything that is not taxable under the Act….
Nursing: A Noble Profession
Huzaima Bukhari “A good nurse can make a difficult situation bearable”—Lao Tzu One of the most thankless jobs and an undesirable one for many, is that of the paramedics. After doctors, those who occupy highly important…
Need For New Income Tax Law
Dr. Ikramul Haq “A tax system’s function should be solely to raise enough revenues in order for government to perform its requisite tasks. While all taxes are bad, some taxes are worse than others. So, what you want…
Essential reforms, FDI & trade barriers
Dr. Ikramul Haq & Abdul Rauf Shakoori The persistence failure of economic managers of Pakistan to attract any worthwhile foreign direct investment (FDI) with technology transfer to boost exports, is one of the most serious concerns. With…
استخراجی ریاست کی طفیلی اشرافیہ
حذیمہ بخاری، ڈاکٹر اکرام الحق بظاہر پاکستان ‘ استخراجی ریاست’ کی تعریف پر پورا اترتا ہے جو، ماہر معاشیات جیمز کے گالبریتھ کے مطابق، “ایک ایسا سیاسی نظام ہے، جس میں اشرافیہ کا ایک محدود گروہ اپنے مفاد کے…
Parasitic Elites Of A Predator State
Dr. Ikramul Haq Pakistan appears to fit the definition of a ‘predator state’ which, according to economist James K. Galbraith, is “a political system in which a narrow band of elites uses policy instruments for its own…
Trump’s tariff war
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori President Donald J. Trump took the oath of office for his second term on January 20, 2025, and immediately set the tone for an audacious and aggressive administration. The flurry of…
Time for reforms is now!
Dr. Ikramul Haq & Abdul Rauf Shakoori Pakistan’s economy stands at critical crossroads, burdened by mounting debt, dwindling foreign reserves, and sluggish growth. The successive governments have launched ambitious initiatives to attract foreign direct investment (FDI), but…
Give The Devil Its Due
Huzaima Bukhari “Appreciation is the highest form of prayer, for it acknowledges the presence of good wherever you shine the light of your thankful thoughts.”—Alan Cohen The air of disappointment and overall atmosphere of depression are…