Tax & Corporate Law Articles by Huzaima & Ikram

Huzaima & Ikram’s articles collect decades of published analysis on Pakistan’s tax and corporate law — income tax, sales tax, FBR reforms, budgets and constitutional questions — by Dr. Ikramul Haq, Huzaima Bukhari and Abdul Rauf Shakoori, including pieces first published in Pakistan’s leading newspapers.

Decades of subjugation

Huzaima Bukhari & Dr. Ikramul Haq After 73 years of independence, our leaders in power want to celebrate liberation from colonial rule after pushing the…

Taxation issues after FATA/PATA merger

Dr. Ikramul Haq The merger of Federally Administered Tribal Areas (FATA) with Khyber Pakhtunkhwa and Provincially Administered Tribal Areas (PATA) with respective provinces, after assent…

Malaise of mounting debt

Huzaima Bukhari & Dr Ikramul Haq The central government’s debt, excluding its liabilities, increased to Rs. 34.48 trillion by the end of May 2020—Central GovernmentDebt,…

Rumour—A believable lie

Huzaima Bukhari “Rumour is a pipeBlown by surmises, jealousies, conjecturesAnd of so easy and so plain a stopThat the blunt monster with uncounted heads,The still-discordant…

Unveiling hideous face of society

Huzaima Bukhari “The impulse to cruelty is, in many people, almost as violent as the impulse to sexual love—almost as violent and much more mischievous”—Aldous…

Budget & wasteful expenses  

Huzaima Bukhari & Dr. Ikramul Haq It is shocking that while the number of unemployed has increased alarmingly and the poor are suffering from hunger,…

FBR: violating its own law!

Dr. Ikramul Haq Over the period of time, Federal Board of Revenue (FBR), the apex body responsible for collecting federal taxes, has been violating its…

Abuse of power in uniform

Huzaima Bukhari “What I fear most is power with impunity. I fear abuse of power, and the power to abuse”—Isabel Allende, writer from Chile A…

Finance Act 2020 

Lack of initiatives & innovations—II  Huzaima Bukhari & Dr. Ikramul Haq The existing system imposes high taxes but yields low revenues. Only 2000 companies pay…

Finance Act 2020

FBR, tax collection & elite Huzaima Bukhari & Dr. Ikramul Haq The passage of Finance Bill 2020 by the National Assembly on June 29, 2020,…