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Beggars Cannot Be Choosers

Beggars cannot be choosers

Since Ayub's era our rulers have developed addiction for large intakes of foreign loans, especially IMF bailouts - many call it death-blows. With every loan comes a host of conditions.…

Stagflation Feared

Stagflation feared

The much-awaited programme of IMF has been approved by its Executive Board in Washington DC. Pakistan has been given access to the Extended Fund Facility (EFF) to the extent of…

The Swiss Accounts

The Swiss accounts

While the Federal Board of Revenue (FBR) is being continuously targeted for not taking action against tax evaders, it must be mentioned that some officers have been trying their best…

‘Qarz Burhao, Mulk Bigarho

‘Qarz burhao, mulk bigarho

In 1997 the slogan of Pakistan Muslim League (Nawaz) was 'Qarz Utaro, Mulk Sanwaro' [retire debt, adorn country], which is reversed in 2013 as all efforts are underway to increase…

Hoodwinking Dar – II

Hoodwinking Dar – II

We are presenting below a draft of National Tax Court that may be debated at national level and after taking input of all the stakeholders may be tabled in both…

A Nation’s Debt

A nation’s debt

The prime minister, in his address to the nation, expressed his concern about the rising debt of the country. His concern was right because high and rising debt constitutes a…

Mistaken Priorities

Mistaken priorities

Nawaz Sharif’s long-promised address to the nation last Monday, his first after being elected prime minister, had been in the works for more than two months. No one had thought…

So The PM Sang

So the PM sang

During the election campaign – and immediately after – Prime Minister Nawaz Sharif had repeatedly stated that proper management of the economy would be the top priority of his government.…

Hoodwinking Dar – I

Hoodwinking Dar – I

The Federal Board of Revenue (FBR) has managed to hoodwink the government of Nawaz Sharif by including in the Finance Act 2013 a number of unconstitutional provisions - in many…