Tax reforms for prosperous Pakistan
Huzaima Bukhari & Dr Ikramul Haq The Federal Board of Revenue (FBR) surpassed the revised targets for fiscal year (FY) 2020-2021 and for the first four months of the current FY (see details below) as elaborated by Chairman of FBR…
Pakistan & CPI Report
Huzaima Bukhari & Abdul Rauf Shakoori This is no coincidence. Corruption enables human rights abuses, setting off a vicious and escalating spiral. As rights and freedoms are eroded, democracy declines, and authoritarianism takes its place, which in turn enables higher…
The unintentional wound
Huzaima Bukhari “People hurt each other. It happens to everyone. Intentionally, unintentionally, regretfully or not. It’s a part of what we do as people. The beauty is that we have the ability to heal and forgive”―Adi Alsaid (Mexican novelist) When…
Repercussions of mini-budget
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori Author Yuval Noah Harari in his book ‘Homo Deus’ writes, “Many thinkers and prophets concluded that famine, plague, and war must be an integral part of God’s cosmic plan or of…
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…
The cryptocurrecy reality & challenge
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori Cryptocurrency is a relatively new phenomenon. It emerged in 2009. At the time of its creation, nobody expected that in a short span it would become a new financial reality. In…
Propagate through deeds, not words
Huzaima Bukhari “Do not call people (towards guidance and goodness) by means of your tongues! Rather, call them by means of your good deeds”―Imam Jaffer-i-Sadiq (AS) Bihaar-al-Anwaar, Vol. 5 Pg. 198 Since time eternal, humans have indulged in self-love. Whoever…
The corrupt, tax cheats, ‘secrecy’ & RTI
Huzaima Bukhari & Dr. Ikramul Haq “It has been common knowledge for years that a large number of Pakistani citizens, who are residents of Pakistan and are maintaining accounts in foreign countries without disclosing the same to the authorities competent…
Murree debacle
Huzaima Bukhari “When written in Chinese, the word ‘crisis’ is composed of two characters. One represents danger and the other opportunity”―John F. Kennedy History repeats itself for those who fail to learn any lessons from it. Those who bring about…