Huzaima Bukhari & Dr. Ikramul Haq The State Bank of Pakistan (SBP) in its ‘Annual Report 2018-19—The State of Pakistan’s Economy’ has strongly criticised the provinces for what it called “lack of institutional capacity” giving rise to “lower revenue collection that contributed less to tax-to-GDP ratio and fiscal consolidation efforts”. The report further noted that...Read More

Dr. Ikramul Haq According to data released by the Federal Board of Revenue (FBR) out of over 3.5 million traders in the country only 312,361 have been filing tax returns. The affluent traders who frequently perform Umrahs in one year alone are not less than one million. But, the FBR has failed to bring them into...Read More

Huzaima Bukhari “If art is singular expression, then by nature, the best art is controversial. But when art stirs debate for reasons besides its artistic integrity, that’s when things get bent” ―John Ridley If the word “art” is searched on Google one would get the following definition: “Art is the expression or application of human...Read More

Huzaima Bukhari “Real education enhances the dignity of a human being and increases his self-respect. If only the real sense of education could be realized by each individual and carried forward in every field of education, the world will be so much a better place to live in.” ―APJ Abdul Kalam Schooling has always played...Read More

Huzaima Bukhari “The measures and acts which show us violently disposed towards the outer world can never stay without a violent reaction on ourselves.” ―Richard Wagner Living things have a natural tendency to respond to stimuli which are in fact, rapid changes. This is an integral part of biological and emotional life that helps humans,...Read More

Huzaima Bukhari Even if for some reason or the other, the women were forced against their will to adopt a conservative life-style, the least they could do was to raise their sons to respect women irrespective of who they were, but what transpired was extremely frightening. The seeds of hate for non-conformism were sown in...Read More

Huzaima Bukhari “Give me an educated mother, I shall promise you the birth of a civilized, educated nation”—Napoleon Bonaparte. Whether a woman is good, bad or evil has nothing to do with the faith she professes, the stratum of society she belongs to, her ethnic origin, the language she speaks, her cultural background, her looks,...Read More

Huzaima Bukhari & Dr. Ikramul Haq Prime Minister, Imran Khan, raised vital issues in his extraordinary speech at ‘High-Level Dialogue on Financing for Development’ at the United Nations in New York on September 26, 2019. One issue was related to assets stashed in various tax havens by loot and plunder or through tax evasion. He...Read More

Huzaima Bukhari & Dr. Ikramul Haq According to Business Reorder of July 8, 2014, the Chairman of Federal Board of Revenue (FBR) is likely to lead a delegation to Switzerland from August 26-28, 2014 to “re-negotiate and upgrade treaty on Avoidance of Double Taxation [DTA] with Switzerland to retrieve and tax undeclared money deposited in...Read More

Huzaima Bukhari “Freud has shown one thing very clearly that we only forget our infancy by burying it in the unconscious; and that the problems of this difficult period find their solution under a disguised form in adult life.”―Herbert Read, 20th century British philosopher Very small children, in fact, infants, are perceived as not being...Read More