Tax policy & development strategy
Dr. Ikramul HaqSomebody needs to tell the Prime Minister that the iniquitous prescription of the IMF calling for more taxes, austerity and high interest rates will not solve our problems—Reforms without research [Huzaima & Ikram, 2020]This is the last in…
Heroism or thoughtlessness?
Huzaima Bukhari“True heroism is remarkably sober, very undramatic. It is not the urge to surpass all others at whatever cost, but the urge to serve others at whatever cost”―Arthur AsheStarting on a lighter tone with a famous joke, when a…
Economic challenges: role of NEC & NDC
Huzaima Bukhari & Dr. Ikramul HaqThe biggest challenge faced by the State of Pakistan as defined in Article 7 of the Constitution of Islamic Republic of Pakistan, not merely for governments in centre or provinces, is monstrous rising tide [in…
Grim challenges on fiscal front
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 on February 3, 2021,…
Fiscal reforms agenda
Dr. Ikramul HaqThe Government of Pakistan Tehreek-i-Insaf (PTI), contrary to its election promises, after coming into power, has failed to undertake all-out reforms to restructure the oppressive, outdated and anti-growth taxation, reduce wasteful expenses, promote businesses by reducing cost and…
FBR: performing against odds
Huzaima Bukhari & Dr. Ikramul HaqThe present team of Federal Board of Revenue (FBR) deserves appreciation for showing noteworthy performance during challenging times faced by economy due to Covid-19 endemic, complete and partial lockdowns, sluggish economy, lack of adequate facilities…
Dependency crisis syndrome
Huzaima Bukhari“If you don’t design your own life plan, chances are you’ll fall into someone else’s plan. And guess what they have planned for you? Not much.”―Jim RohnUndoubtedly, human beings are dependent upon nature, animals and of course other human…
Constitution & tax codes
Huzaima Bukhari & Dr. Ikramul HaqEvery year before the preparation of annual federal budget, the Federal Board of Revenue (FBR) seeks proposals from officers, trade/professional bodies, tax bars, and other stakeholders—this has become a ceremonial activity. Each year, after this…
FATF—Pakistan
Real Estate Sector in Focus Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf ShakooriFebruary 2021 has significant importance for Pakistan due to a review of its progress complying with the remaining six action items under anti-money laundering and combatting financing of…