Return filers, potential & enforcement
Dr Ikramul Haq According to a Press release, issued by the Federal Board of Revenue (FBR), on December10, 2020, “A total of nearly 1.8 million returns have been filed together with an amount of about Rs. 22 billion. Last year…
Prime Minister’s “New Year gift”
Dr. Ikramul Haq The seriousness of the housing issue in Pakistan can be judged from the fact that conservative estimates put the housing backlog at nine million units which is increasing at 300,000 units annually because of unmet demand. Sixty-two…
Cleanliness: 50% faith!
Huzaima Bukhari “Fifty percent of faith is attributable to cleanliness”―Prophet Muhammad (PBUH) Sahih Muslim, Chapter No.2, Hadees No. 534 As staunch Pakistani Muslims, we appear to profess complete faith in the teachings of Islam and sayings of our holy Prophet,…
Confusion over WWF & WPPT
Huzaima Bukhari & Dr. Ikramul Haq ‘Pakistan People’s Party regime from 1971 to 1977 provided some sort of socialistic framework for the economy. The validity of measures taken during that time will be judged by history. The purpose of this…
Budget 2020 amid Covid-19 crisis
Generating extra revenue of billions Huzaima Bukhari & Dr. Ikramul Haq The biggest challenge on tax mobilisation front faced by Federal Board of Revenue (FBR) is bridging monstrous tax gap through automation and introduction of tax intelligence system and not…
2021: challenges on fiscal front
Huzaima Bukhari & Dr. Ikramul Haq For Pakistan the main challenges on the fiscal front for 2021, just a few days away, are not only revival of economy amidst rising human and financial toll of Covid-19 endemic, but also how…
Give respect to taxpayers
Huzaima Bukhari & Dr. Ikramul Haq One slogan that is not raised enough by the economic or political agents in the country is ‘taxpayers ko izzat do’. The matter cannot be overemphasized—Ali Khizar, Respect the taxpayers, Business Recorder, November 1,…
There’s need to remove confusion—II
Huzaima Bukhari & Dr. Ikramul Haq It is strange that Sindh and Punjab Assemblies, while enacting the Sindh Workers Welfare Fund Act, 2014 and Punjab Workers Welfare Act 2019, respectively, failed to realise that entities having trans-provincial operations earn income…
Benazir Bhutto & her legacy
Today (December 27, 2020) marks the 13th death anniversary of Shaheed Mohtarma Benazir Bhutto, a popular leader with great vision, who courageously resisted the agenda of late neo-colonial forces—pushing Pakistan towards becoming a toothless nuclear State. In recognition of her…