Opinion Taxing what is not 'income'-II In the Shahid Pervaiz v Ejaz Ahmad and others 2017 SCMR 206, 14-member bench of Supreme Court held: "....where the... Published 13 Dec, 2020 02:44am
Opinion 'Services' & immovable property income taxation: Constitutional violations The taxation of "services" mentioned in section 153(1)(b) of the Income Tax Ordinance, 2001 ["the Ordinance"] with... Published 04 Dec, 2020 03:04am
Markets Taxation: Doctrine of mutuality It is an established principle that what is not "income" under the income tax law cannot be taxed, and where there ... Published 27 Nov, 2020 03:08am
Opinion Countering financial crimes In recent days, Federal Board of Revenue (FBR) has taken many steps to enforce internal accountability mechanism to... Published 20 Nov, 2020 03:04am
Markets Achievements & challenges: Fiscal Front It is heartening to note that despite the challenges faced by economy due to Covid-19, followed by complete and... Published 13 Nov, 2020 02:57am
Markets Unshackling debt shackles It is now officially admitted that the coalition Government of Pakistan Tehreek-i-Insaf (PTI) secured over $13... Published 06 Nov, 2020 02:59am
Markets Reforming judicial system It is a fact that nothing worthwhile has been done by Legislature-no matter whether under civilian or military... Updated 26 Oct, 2020 09:17am
Opinion Supreme Court's Annual Report 2018-19: Improving dispensation of justice The purpose of annual reports published by the Supreme Court of Pakistan is to highlight its performance with ... Published 16 Oct, 2020 02:45am
Opinion Federation, taxes & distribution-II There is something fundamentally wrong with the structure of distribution of taxing powers between the federation ... Published 11 Oct, 2020 02:47am
Opinion Federation, taxes & distribution - I On April 27, 2020, the 9th National Finance Commission (NFC), like 8th NFC, remained fruitless as the federation and... Published 09 Oct, 2020 02:37am
Markets FBR's Tax Directory 2018 Analysis - I: Startling facts & fallacies Reference two-part series (FBR's statistics: a critical analysis-I, Business Recorder, September 25, 2020 and FBR's... Updated 02 Oct, 2020 03:25am
Opinion FBR's statistics: a critical analysis - II The same position prevailed for tax year 2017. Out of total registered companies, only 42% (37,130) filed returns! ... Updated 27 Sep, 2020 02:57am
Markets FBR's statistics: a critical analysis - I On September 18, 2020, Federal Board of Revenue (FBR) released 'Parliamentarians' Tax Directory for Tax Year 2018',... Published 25 Sep, 2020 02:45am
Opinion Bewilderment over rational tax policy There is a national consensus that the existing tax system needs to be completely restructured to provide an... Published 18 Sep, 2020 02:59am
Opinion Hidden agenda and 'deal' with Taliban-II ARTICLE: George W. Bush appointed former aide to the American oil company UNOCAL, Afghan-born Zalmay Khalilzad, as... Updated 13 Sep, 2020 02:57am
Markets Hidden agenda and 'deal' with Taliban ARTICLE: On September 11, 2001, nineteen years ago, humanity at large witnessed one of the most gruesome and heinous... Published 11 Sep, 2020 02:42am
Opinion Need to reconsider fiscal management ARTICLE: Punjab is the most populous [110 million people] province of Pakistan with largest resources and budget ... Published 04 Sep, 2020 02:57am
Opinion Harmful taxation of IT/telecom sectors ARTICLE: The Pakistan telecom sector contributes steady inflow of heavy tax collections under major heads like... Published 28 Aug, 2020 02:02am
Opinion Taxation hindering investment ARTICLE: This survey shows that international and national evidence points out that taxation and growth are... Published 21 Aug, 2020 03:10am
Opinion Independence Day considerations ARTICLE: Today we are celebrating 73rd Independence Day with a hope that the new government, after two years in... Published 14 Aug, 2020 03:15am