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.
Budget with no innovation in taxation
Huzaima Bukhari & Dr. Ikramul Haq The first budget of coalition government of Pakistan Tehreek-i-Insaf (PTI) for fiscal year 2019-20, presented by the State Minister…
Of ritualistic budgets, meaningless debates
Huzaima Bukhari & Dr. Ikramul Haq The Pakistan Tehreek-i-Insaf (PTI) that was formed to provide socio-economic justice to all and work for social mobility of…
Raising Rs. 10 trillion!
Dr. Ikramul Haq The Prime Minister of Pakistan, in his brief address to nation on June 10, 2019—a day before the announcement of budget for…
True path to prosperity
Huzaima Bukhari “If we want to make this great State of Pakistan happy and prosperous, we should wholly and solely concentrate on the well-being of…
Budget, IMF & subjugation
Huzaima Bukhari & Dr. Ikramul Haq In 2016, we wrote an article, entitled, ‘Budget of trapped and enslaved’. In 2019 the situation is no different,…
Budget 2019: relief for fixed-income class
Dr. Ikramul Haq Budget for the next fiscal year 2019-2020 is around the corner, to be announced on June 11, 2019. Due to extreme economic…
What is, what is not!
Huzaima Bukhari “When you are courting a nice girl an hour seems like a second. When you sit on a red-hot cinder a second seems…
Budget & oppressive taxes
Dr. Ikramul Haq In the forthcoming budget, to be announced on June 11, 2019 under a new economic team selected by Pakistan Tehreek-i-Insaf (PTI) on…
Avant-garde budget proposals—IV
Road to prosperity Huzaima Bukhari & Dr. Ikramul Haq The poor and helpless masses of Pakistan desperately owe explanation from all those who have been…
Budget & taxation
Huzaima Bukhari & Dr. Ikramul Haq The budget for fiscal year 2019-20, the first of Government of Pakistan Tehreek-i-Insaf (PTI), is to be announced on…
Economic prudence for economic depression
Huzaima Bukhari “Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of…
Agenda for survival
Dr. Ikramul Haq The main cause of our pathetic economic situation is existence of outdated, inefficient, corrupt and repressive institutions that are totally indifferent towards…
Breaking deadly debt trap
Dr Ikramul Haq The most dreadful aspect of the five-year term (2013-18) of Pakistan Muslims League (Nawaz)—[PMLN] was leaving behind a monstrous public debt touching…
Avant-garde budget proposals—III
Tapping the real potential Huzaima Bukhari & Dr. Ikramul Haq A country’s tax gap is measured by the amount of tax that remains uncollected due…
Whitening schemes: failure of tax system
Dr. Ikramul Haq The Government of Pakistan Tehreek-i-Insaf (PTI) has finally notified its first asset/income/expenditure whitening scheme—Assets Declaration Ordinance, 2019. Promulgated as Presidential Ordinance on…
Challenges for new FBR Chairman
Huzaima Bukhari & Dr. Ikramul Haq Appointment of Syed Muhammad Shabbar Zaidi, a renowned tax expert and seasoned chartered accountant, replacing Jehanzeb Khan, grade 22…
Avant-garde budget proposals—II
Fixing the narrow and punctured tax base Huzaima Bukhari & Dr. Ikramul Haq Tax revenue may change through automatic response of the tax yield to…
Avant-garde budget proposals—I
Growth, taxes & equity Huzaima Bukhari & Dr. Ikramul Haq The budget for fiscal year 2019-20, the first of Government of Pakistan Tehreek-i-Insaf (PTI), is…