Budget 2021
Out of box solutions or IMF agenda? Huzaima Bukhari & Dr. Ikramul Haq The fourth Finance Minister Shaukat Fayaz Ahmed Tarin of the coalition government of Pakistan Tehreek-i-Insaf (PTI) immediately after taking oath of his office is faced with the…
Beyond biases
Huzaima Bukhari “It’s not at all hard to understand a person; it’s only hard to listen without bias”— Criss Jami, Killosophy A lot can be derived from the thinking of a 12 year old boy who transcribed it in his tweet…
Irrational taxation & high inflation
Huzaima Bukhari & Dr Ikramul Haq The Federal Board of Revenue (FBR), in a Press release issued on May 1, 2021, claimed collection of net revenue of Rs. 3780 billion during the first ten months of the current fiscal year,…
Fiscal challenges before Shaukat Tarin
Huzaima Bukhari & Dr. Ikramul Haq The coalition Government of Pakistan Tehreek-i-Insaf (PTI) is facing grim challenges on the fiscal front as Summary of Consolidated Federal and Provincial Fiscal Operations, 2020-21, released by the Ministry of Finance (MoF) on February…
Budget 2021 & need for federalised tax apparatus
Dr. Ikramul Haq “A comprehensive strategy has been formulated to shift the gear and move to higher economic growth. I do not believe in increase in taxes to increase revenue collection but those outside the tax net would be tapped. The…
Tax proposals for Budget 2021
Growth, broad base & low-rate taxes Huzaima Bukhari, Dr. Ikramul Haq & Syed Muhammad Ijaz “A comprehensive strategy has been formulated to shift the gear and move to higher economic growth. I do not believe in increase in taxes to increase…
Averting fiscal disaster
Dr. Ikramul Haq The coalition Government of Pakistan Tehreek-i-Insaf (PTI) is facing fiscal disaster as evident from Summary of Consolidated Federal and Provincial Fiscal Operations, 2020-21, released on May 6, 2021 by the Ministry of Finance, for the first nine…
I.A. Rehman: A non-conformist humanitarian!
Huzaima Bukhari “Whoever controls the media, controls the mind”—Jim Morrison On an oppressive August day in 1986 on shifting from Karachi to Lahore, when my husband took me to the office of the Viewpoint at 4A Lawrence Road to meet…
Determination of fair sales tax base
Dr. Ikramul Haq In the last article, Determining fair income-tax base, Daily Times, April 12, 2021, an effort was made to determine fair income-tax base. In this article, the same exercise is undertaken for sales-tax on goods, administered by the…