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Finance Act 2013: Apathy Of Parliament

Finance Act 2013: Apathy of Parliament

The adoption of Finance Bill 2013 on 27 June 2013, with a number of amendments proposed on 24 June 2013, was a disgrace for the National Assembly. There was no…

Doha Move: First Step To Legitimize Terrorism

Doha move: First step to legitimize terrorism

September 20, 2011 US President Bush policy statement to defeat, stop, eliminate and destroy terrorism through power and giving it the name of War against Terror now seems failed by…

Finance Bill 2013: Meaningful Suggestions

Finance Bill 2013: Meaningful suggestions

Senate Standing Committee on Finance sent a number of meaningful, though unbinding, recommendations to the National Assembly on 21st June, 2013. Finance Minister Ishaq Dar ignored all of them while…

An Ambitious Budget

An ambitious budget

Turning to current expenditure, debt servicing is expected to increase by Rs125 billion, defence by Rs57 billion, grants by Rs3 billion and civil administration by Rs23 billion. On the other…

Budget 2013-14: No Will To Tax The Rich

Budget 2013-14: No will to tax the rich

By just tinkering with tax rates here and there and imposing or enhancing regressive taxes - fixing revenue collection target at Rs 2598 billion for fiscal year 2013-14 - the…

Tax Proposals – I

Tax proposals – I

On June 5, 2013, we will have a new government in action - faced with multifaceted and complicated problems on economic front. It's immediate task of framing budget for fiscal…

Will Is All

Will is all

The new government likely to take office in the coming days will face enormous economic challenges. How it will balance its income with expenditures will be the first challenge it…

Qadri’s Argument Lacks Cogency

Qadri’s argument lacks cogency

Post-May 11, 2013 Dr Allama Tahir-ul-Qadri, who created serious doubts about the 2013 election soon after his arrival from Canada a few months ago, is now claiming vindication. His argument…

Towards TARP-II?

Towards TARP-II?

In the beginning it was tax evasion, and then became rampant corruption and eventually mafias took over, making the FBR irrelevant in most of the sectors-Ali Arshad Hakeem, Chairman FBR.…