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.
Repressive taxes, debt trap & fiscal fiasco
Dr. Ikramul Haq “Higher reliance on withholding taxes and within withholding taxes a high concentration on a few items makes the income tax revenues vulnerable.…
Backlash of irresponsible society
Huzaima Bukhari “In a closed society where everybody’s guilty, the only crime is getting caught. In a world of thieves, the only final sin is…
2019: Pakistan’s fiscal challenges
Dr. Ikramul Haq “An unusual decline in revenue collection and steep rise in current expenditures caused a deterioration in all major fiscal indicators during FY19.…
SMEs, EODB & tax reforms
Huzaima Bukhari & Dr. Ikramul Haq “The small and medium enterprises (SME) sector contributes 30% to the national gross domestic product (GDP) and it comprises…
Teacher—respected or humiliated?
Huzaima Bukhari “If a person teaches me one single word, he has made me his servant for the lifetime”―HazratAli AS A very shameful incident occurred,…
FBR’s dilemma
Huzaima Bukhari & Dr. Ikramul Haq An unusual decline in revenue collection and steep rise in current expenditures caused a deterioration in all major fiscal…
Taxes for what?
Huzaima Bukhari & Dr. Ikramul Haq Why has Pakistan failed to enforce voluntary tax compliance? In democratic countries people can feel and even measure tangible…
OVERWHELMING RELIANCE ON WITHHOLDING TAXES FOR COLLECTION OF INCOME TAX IN PAKISTAN
BY: ELLAHI BUKHSH QURESHI, ACA, APFA, LLM (UK) Abstract: Withholding tax is a valuable tool used by many tax jurisdictions in their tax machinery for…
“Secrecy” of tax declarations
Huzaima Bukhari & Dr. Ikramul Haq A write-up published in an English daily on November 19, 2019 claimed that Mr. Babar Sattar, counsel for Justice…
Challenges on judicial front
Huzaima Bukhari & Dr. Ikramul Haq The judiciary worked tirelessly to provide justice to the people with less resources. 3,100 judges worked hard and decided…
Revenue losses & illicit tobacco trade
Dr. Ikramul Haq “Only two [tobacco] companies pay 98 percent of total tax [tobacco collection]. The remaining 40% companies pay meagre 2% tax”—Prime Minister, Imran…
Flourishing tobacco industry & “soft state”
Huzaima Bukhari & Dr. Ikramul Haq “Only two [tobacco] companies pay 98 percent of total tax [tobacco collection]. The remaining 40% companies pay meagre 2%…
Of weddings and dowry
Huzaima Bukhari “Choosing elements for your wedding day should be fun, but these choices won’t make any difference in the stuff that matters. For better…
Foreign-funded tax reforms
Huzaima Bukhari & Dr. Ikramul Haq Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are identified as growth-oriented reforms. To…
Nawaz Sharif & alleged corruption
Huzaima Bukhari & Dr. Ikramul Haq From life-time disqualification of Muhammad Nawaz Sharif—first time of any prime minister in Pakistan under Article 62(1)(f) of the…
PTI’s flawed policies & forgotten promises
Huzaima Bukhari & Dr. Ikramul Haq Prime Minister Imran Khan, while addressing top officials of Federal Board of Revenue (FBR) on November 13, 2019, sought…
PTI’s forgotten tax reforms agenda
Dr. Ikramul Haq Prime Minister Imran Khan, while addressing top officials of Federal Board of Revenue (FBR) on November 13, 2019, expressed dissatisfaction over performance…
Divorce—blessing or curse?
Huzaima Bukhari “The most hateful of all lawful matters to Allah is divorce” ―Hadith from Sunan Abi Dawud 2172 Every human being has the right…
