Advance tax or extortionate money Huzaima Bukhari & Dr. Ikramul Haq After the Second World War, the provision of advance tax [now encased in section 147 of the Income Tax Ordinance, 2001 [hereinafter “the Ordinance”] was introduced as a measure…
Excessive & regressive taxation
Dr. Ikramul Haq and Abdul Rauf Shakoori The delegation of the Federation of Pakistan Chamber of Commerce & Industry (FCCPI), along with senior members from the business community, recently held an important meeting with the country’s top…
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