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New SBP law militates against constitution?

This article contends that the State Bank of Pakistan (Amendment) Act, 2022 (“Act”) is plainly, on the face of it (ex facie), in violation of the Constitution. Reportedly, the government’s…

Need for income tax law – III

Part 2 - Special Cases  66. (1) Where a person dies, his legal representative or the executor shall be liable to pay any sum, which the deceased would have been…

The sanctity of statistics

Senator Kamran Michael took oath as the Minister for Statistics, the first ever to hold this portfolio, on 4 August 2017, three days after Shahid Khaqan Abbasi was sworn in…

Finance Act 2020

The existing system imposes high taxes but yields low revenues. Only 2000 companies pay 75% of total taxes. The standard sales tax rate is 17% but effective rate, according to…

Profundity of productivity

Productivity isn’t everything, but in the long run it is almost everything. A country’s ability to improve its standard of living over time depends almost entirely on its ability to…

Fiscal policies: health sector challenges

The analysis of fiscal policies of the government is an important determinant of looking at priorities related to development and public interest. Well-structured fiscal policies can reduce health sector challenge.…

Restructuring of tax system: a blueprint

“A comprehensive strategy had been formulated to shift the gear and move to higher economic growth. I do not believe in increase in taxes to increase revenue collection but those outside…

IMF’s conditionalities

The uncertainty seems to be over, almost. We are going to the International Monetary Fund ( ) by end March for a new programme, as according to the federal finance…

Restructuring of tax system: a blueprint

“A comprehensive strategy had been formulated to shift the gear and move to higher economic growth. I do not believe in increase in taxes to increase revenue collection but those outside…