Dr. Ikramul Haq The Adviser to Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh, in a Press Release issued on May 18, 2020, noted that while preparing the next budget, “we should be more vigilant, practical, and analyze the opportunities and challenges offered...
Dr. Ikramul Haq “Simplify taxes, reduce the cost of excessive documentation, open the economy for higher growth and employment, taxes will then increase….Not only is our tax policy not based on conceptual clarity, it is also being changed continuously to meet unrealistic targets. The tax...
Huzaima Bukhari “We don’t do charity in Germany. We pay taxes. Charity is a failure of governments’ responsibilities”—Henning When, a German stand-up comedian Imagine a middle-class household of six, comprising parents, three grown-up healthy boys and the youngest, a physically incapacitated girl requiring special attention....
Huzaima Bukhari & Dr. Ikramul Haq An unusual decline in revenue collection and steep rise in current expenditures caused a deterioration in all major fiscal indicators during FY19. The overall budget deficit during the year stood at a historic high of 8.9 percent of GDP,...
Huzaima Bukhari “I know not with what weapons World War III will be fought but World War IV will be fought with sticks and stones”—Albert Einstein One must admit that compared to Colin Powell, Albert Einstein was more optimistic as he had foreseen a scenario...
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