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Dr. Ikramul Haq The prevailing myth that our tax base is narrow and only 1% of the population pays income tax is totally fallacious—this statement reiterated by the representative of Federal Board of Revenue (FBR) before Senate Standing Committee on January 30, 2019 should be...
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Dr. Ikramul Haq On January 23, 2019, the Federal Finance Minister, Asad Umar, presented Finance Supplementary (Second Amendment) Bill of 2019 offering no concrete steps to harness the real tax potential, which at the federal level alone is not less than Rs. 8 trillion. The...
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Huzaima Bukhari “The happiness and peace attained by those satisfied by the nectar of spiritual tranquility is not attained by greedy persons restlessly moving here and there”—  Chanakya (371 BC- 283 BC) When one thinks of heaven, the first thing that strikes is peace. Peace...
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Huzaima Bukhari & Dr. Ikramul Haq On January 23, 2019, the Federal Finance Minister, Asad Umar, presented Finance Supplementary (Second Amendment) Bill of 2019—commonly dubbed as mini-budget—to  balance the books by raising revenues through enhanced duties on the imported goods labelled as ‘luxury items’, giving...
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Huzaima Bukhari & Dr. Ikramul Haq Pakistan is a strange country where custodians of the system act as complainants. Those who head state institutions, instead of reforming the same, complain and express helplessness about their malfunctioning, inefficiency and non-performance or under-performance. In the wake of...
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