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FBR’s ‘Year Book 2012-13’

FBR’s ‘Year Book 2012-13’

The Federal Board of Revenue (FBR), in its Year Book 2012-13, issued on September 23, 2013, conceded colossal failure on meeting the assigned target, but as usual blamed it on…

Contingency Planning

Contingency planning

The Government claims that the new IMF program of $6.7 billion under the Extended Fund Facility is based on implementation of 'home grown' reforms. If this is the case then…

More On The Programme

More on the programme

Last week (September 17), I wrote on the design of the newly approved IMF programme for Pakistan. My view was that the programme is of the 1980s vintage with a…

VJackpot Boomtowns

vJackpot boomtowns

Meleourne's  reputation as the world’s most liveable city is well deserved. I spent most of last year there. As well as a chic city centre and immaculate suburbs, there’s non-stop…

Moment Of Opportunity

Moment of opportunity

In setting his priorities at the outset of his tenure Prime Minister Nawaz Sharif emphasized that the economy and energy crisis would receive his urgent attention, as would the removal…

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…

Emphasising development

Five years of economic mismanagement and poor governance by the previous regime have not only damaged the economy but also severely weakened key institutions of the country like the State…

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…