Restructuring the tax system
Huzaima Bukhari & Dr. Ikramul Haq “If we realise that the FBR cannot be fixed, we will create a new FBR. This is because Pakistan’s survival is linked to it. It’s not about our liking or disliking: if our tax…
FATF & Pakistan’s faulty action plan
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori Under the Anti-Money Laundering Act, the Federal Board of Revenue is responsible for ensuring that designated non-financial businesses and professions (DNFBPs) including real estate agents, dealers in precious metals and stones,…
Pakistan Tackling FATF
Challenges & Solutions Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori “Since June 2018, when Pakistan made a high-level political commitment to work with the Financial Action Task Force (FATF) and Asia Pacific Group On Money Laundering (APG) to…
Homage to Towering Personalities of Tribunal
Professionals & humanists par excellence Dr. Ikramul Haq “….the raison d’être of establishing special tribunals has been to dispense better quality of justice where people, better trained in particular fields and disciplines could provide quality decisions and resolution of disputes…….
Consumer protection scene in Pakistan
Huzaima Bukhari In Donoghue v Stevenson (1932) 562 (HL), a famous British case decided in the House of Lords, Lord Atkin established that ‘duty of care’ should be displayed by all those who were engaged in an activity that directly…
Advance tax, refunds & compensation
Huzaima Bukhari & Dr. Ikramul Haq A cursory look at the annual year books published by the Federal Board of Revenue (FBR) after the promulgation of Income Tax Ordinance, 2001 [made effective from tax year 2003, hereinafter “the Ordinance”] confirms…
FBR: proposals for status quo
Dr. Ikramul Haq Every year before the preparation of annual federal budget, the Federal Board of Revenue (FBR) seeks proposals from officers, trade/professional bodies, tax bars, and other stakeholders—this has become a ritual. Each year, after this futile exercise, the…
Welfare Laws & Role of State
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…
Satti and police highhandedness
Huzaima Bukhari “Is adult amusement killing our children, or is killing our children amusing adults”―Marilyn Manson The year 2021 opened with the tragic death of Usama Nadeem Satti, a 21 years old Pakistani civilian youth, resident of the capital city,…