Dr. Ikramul Haq The National Assembly, through Finance Act 2012, amended section 37(5) of the Income Tax Ordinance, 2001 and for the first time levied income tax on capital gain of immovable property. Punjab levied a similar tax in Finance…
Budget & Ashrafiya
Dr. Ikramul Haq Pakistan is controlled and ruled by ashrafiya (elites)—comprising indomitable military brass, top civil bureaucracy, higher judiciary, landed upper crust and their cronies in politics, industrialist-turned politicians, religious and so-called spiritual leaders (sic), media tycoons…
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