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Dr. Ikramul Haq The shrinking share of direct taxes in overall collection is a serious cause of concern. It is now well-established that there is a direct link between growing poverty in Pakistan and distortion in tax base since 1991-92, when a major shift was...
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Huzaima Bukhari “It is not the hand that rocks the cradle that rules the world; it is the woman that holds the keys to the kingdom”—Shannon L. Alder A matrimonial agent questions a typical Pakistani wannabe mother-in-law (Mrs. X) wanting to arrange her son’s marriage:...
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Huzaima Bukhari & Dr. Ikramul Haq It is an established principle that what is not “income” under the income tax law cannot be taxed, and where there is no sale of “goods” or providing and rendering of services between two persons, natural or juridical, there...
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Huzaima Bukhari “O you who have believed, be persistently standing firm in justice, witnesses for Allah, even if it be against yourselves or parents and relatives. Whether one is rich or poor, Allah is more worthy of both. So follow not [personal] inclination, lest you...
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Dr. Ikramul Haq According to a Press release, the Federal Board of Revenue (FBR) issued terms of references (ToRs) for Integrity Management Cell (IMC). According to the ToRs, the IMC will be headed by a grade 21/22 officer of Inland Revenue Service (IRS) or Customs, “who will...
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