استخراجی ریاست کی طفیلی اشرافیہ
حذیمہ بخاری، ڈاکٹر اکرام الحق بظاہر پاکستان ‘ استخراجی ریاست’ کی تعریف پر پورا اترتا ہے جو، ماہر معاشیات جیمز کے گالبریتھ کے مطابق، “ایک ایسا سیاسی نظام ہے، جس میں اشرافیہ کا ایک محدود گروہ اپنے مفاد کے…
Parasitic Elites Of A Predator State
Dr. Ikramul Haq Pakistan appears to fit the definition of a ‘predator state’ which, according to economist James K. Galbraith, is “a political system in which a narrow band of elites uses policy instruments for its own…
Trump’s tariff war
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori President Donald J. Trump took the oath of office for his second term on January 20, 2025, and immediately set the tone for an audacious and aggressive administration. The flurry of…
Time for reforms is now!
Dr. Ikramul Haq & Abdul Rauf Shakoori Pakistan’s economy stands at critical crossroads, burdened by mounting debt, dwindling foreign reserves, and sluggish growth. The successive governments have launched ambitious initiatives to attract foreign direct investment (FDI), but…
Give The Devil Its Due
Huzaima Bukhari “Appreciation is the highest form of prayer, for it acknowledges the presence of good wherever you shine the light of your thankful thoughts.”—Alan Cohen The air of disappointment and overall atmosphere of depression are…
IMF & Pakistan: Yet another programme!
Dr. Ikramul Haq & Abdul Rauf Shakoori The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan for the first review under the US$7 billion 37-month Extended Fund Facility (EFF) programme, and a new 28-month arrangement under…
Beyond Section 165: A Judicially Guided, Technology-Driven Framework for Withholding Tax Enforcement under Sections 161 & 162
Muhammad Saqib Raza, Advocate High Court Section 165 of the Income Tax Ordinance, 2001 [“the Ordinance”] read with relevant rules obligates taxpayers or prescribed persons to file monthly, quarterly, and annual withholding tax (WHT) statements with the…
آئین کی بالادستی سے ہی بقا ممکن ہے
آئین کی بالادستی سے ہی بقا ممکن ہے حذیمہ بخاری، ڈاکٹر اکرام الحق مقننہ خودمختار ہے لیکن اسلامی جمہوریہ پاکستان کے آئین کی بالادستی ہر چیز سے بالاتر ہے — قانون ساز درحقیقت آئین کے فریم ورک کے اندر…
Unconstitutional “windfall tax”
Huzaima Bukhari, Dr. Ikramul Haq & Syed Muhammad Ijaz Banks have regular windfall income from dealing in foreign currencies—oxymoronic treatment by SRO. 1588(I)/2023 dated 21.11.2023 In Pakistan, Federal Board of Revenue (FBR) is de facto legislature…