Blog Full Both Sidebar

Huzaima Bukhari & Dr. Ikramul Haq “….the debt servicing relief of US$ 2.7 billion (equivalent to 1 percent of GDP) provided to Pakistan under the G-20’s Debt Servicing Suspension Initiative will help create expenditure space for Covid-related spending” —State Bank of Pakistan’s Annual Report 2019-20—The...

Huzaima Bukhari & Dr. Ikramul Haq The coalition government of Pakistan Tehreek-i-Insaf (PTI) on February 11, 2021 opted to issue second Presidential Ordinance VI of 2021 [Tax Laws (Amendment) Ordinance, 2021] inserting new provisions and amending the existing ones in all the tax codes—Income Tax...

Case study of telecom industry Huzaima Bukhari & Dr. Ikramul Haq The Pakistan telecom sector contributes steady inflow of heavy tax collections under major heads like Activation Tax, GST/FED, the PTA fee & charges and others. The PTA has been advocating to the government to...

Dr. Ikramul Haq In the recent months, the Federal Board of Revenue (FBR) under the present team not only exceeded the budget for the first seven months of the current fiscal year, but has also taken many initiatives that need to be acknowledged and highlighted....

Huzaima Bukhari & Dr. Ikramul Haq[i]   The outdated and oppressive tax structures at federal and provincial levels have created further fiscal mess[1] that is highlighted in the new chapters and solutions offered for their resolution[2]. We have also included a model ‘Pilot Project’ of...