Rich legislators of poor nation
Dr. Ikramul Haq In democracy, direct taxes play an important role for equitable wealth distribution. The Parliament enjoys exclusive power to levy taxes and citizens pay these under social contract for general welfare of all. Being elected representatives of people,…
Pro-people laws, insensitive legislators
Huzaima Bukhari & Dr. Ikramul Haq Raising the living standard and socio-economic uplift of industrial workers is the cornerstone of the Government policy, which is being achieved by providing the basic and other social amenities of life to workers in…
Achievements & challenges on fiscal front
Huzaima Bukhari & Dr. Ikramul Haq It is heartening to note that despite the challenges faced by economy due to Covid-19 endemic, followed by complete and partial lockdowns till now and contraction in imports, the Federal Board of Revenue (FBR)…
Higher rates, lower collection & amnesties
Huzaima Bukhari & Dr. Ikramul Haq This is the last part of the series highlighting vital non-disclosures in its various publications on the part of Federal Board of Revenue (FBR). In the last two articles, Sales tax collection, TNS, Political…
Innovations in justice delivery
Dr. Ikramul Haq In early columns, the need for merging existing tax tribunals into National Tax Tribunal or National Tax Court was discussed in detail for speedy disposal of cases. We must also move towards e-Tribunals and e-Courts using modern…
Pakistanis are not tax cheats
Huzaima Bukhari “The reward for saving money is being able to pay our taxes without borrowing.” How many of us set apart some of our earnings for the purpose of fulfilling our tax obligations? We may save for the rainy…
Unshackling debt shackles
Huzaima Bukhari & Dr. Ikramul Haq It is now officially admitted that the coalition Government of Pakistan Tehreek-i-Insaf (PTI) secured over $13 billion in foreign loans in the fiscal year 2019-20 alone! It was the second highest amount in history….
More I learn, less I know!
Huzaima Bukhari “There is no wealth like knowledge, no poverty like ignorance”—Buddha Specialization is the key word today. Those who want to become rich and famous need to hone their skills and achieve excellence in their choice of profession, vocation…
Sales tax base & collection
Huzaima Bukhari & Dr. Ikramul Haq In the last article [The missing disclosures, TNS, [Political Economy] The News, October 18, 2020], a promise was made to highlight further vital non-disclosures on the part of Federal Board of Revenue (FBR) in…