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Huzaima Bukhari, Dr. Ikramul Haq and Abdul Rauf Shakoori The economic topography of nations depends heavily on a robust revenue system, akin to the lifeblood sustaining its various functions. Diverse revenue streams, characterizing global economies with “tax revenue”, are emerging as the paramount source. This crucial financial influx serves as the primary funding avenue for...
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Dr. Ikramul Haq and Abdul Rauf Shakoori Pakistan continues to face longstanding challenges in meeting its external financing needs and sustaining foreign exchange reserves at acceptable levels, significantly hindering its potential for GDP growth. The country’s economic condition has been precarious, particularly exacerbated since the last quarter of 2022, after the government’s adoption of contractionary...
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Huzaima Bukhari & Dr. Ikramul Haq One should never forget the ghastly and cowardly attack of September 15, 2013 by Tehreek-e-Taliban (TTP) on Major General Sanaullah Khan, Lieutenant Colonel Tauseef Ahmad and Sepoy Irfan Sattar. The deadly incident exposed hollowness of the argument of their “sympathisers” and ‘advocates” that these forces “are worthy of dialogue”....
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Dr. Ikramul Haq Pakistan presents a classic case study of failure in every sphere of governance— the inefficient State institutions are the root cause of perpetual crises as they have no regard for the rights of the people. We need to correct the situation by restructuring all such institutions (no meaningful reforms have been done...
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Huzaima Bukhari & Dr Ikramul Haq That there is a considerable informal economy, revenue leakage and black money in Pakistan is undoubted but few in-depth studies have been undertaken to quantify its magnitude and extent. A sound development strategy seeks to reduce the size of the informal economy and bring into the open resources that...
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                November 14, 2012  (Wednesday)News & Views Newsletter from Ashraf Reza & Company, Bahawalpur, www.ashrafrezaandcompany.com,email: reza888itp@gmail.com Assalam o Alaikum W’Rahmatullah W’Barakatuhu   !!! Cabinet likely to approve two new tax schemes today  The Federal Cabinet which, is scheduled to meet on Wednesday (today), is expected to give its approval...
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According to 2017 census, our population is 207.77 million [provisional]. The dependent population of children under the age of 15 years is 35.4% and 4.2% people are above 65 years. Out of total population, 40 million are below poverty line earning less than two dollars a day. Our labour force, among the tenth largest in...
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Dr. Ikramul Haq[*] The blatant acts of terrorism against the United States a year back jolted the entire world. These raised some important questions about the future shape of modern day societies. The U.S and Western people secured freedom from political, economic and spiritual shackles that have bound men for many centuries after a strenuous...
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Dr. Ikramul Haq[1] Visiting Mauritius for the second consecutive year to attend 6th IFA Conference 2012 is indeed an honour and great pleasure. The experience of last year was rewarding and invaluable—interacting with people from various backgrounds and varying skills gave me new insights into the unexplored areas of taxation. It is a matter of...
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Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori Agrarian economy of Pakistan employs a large workforce and considered vital from a social, livelihood and foreign exchange perspective. Agriculture’s share in total GDP in the fiscal year (FY) 2021-22, according to Pakistan Economic Survey (2021-22), was 22.7%. It provided employment to around 37.4% of the...
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