Huzaima Bukhari & Dr. Ikramul Haq It is a cardinal principle that what is not “income” cannot be taxed under the income tax law (presently in operation is Income Tax Ordinance, 200I]. In Pakistan, a misconception prevails that National Assembly…
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…