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
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
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…
The path is through the village
The rural landscape in Pakistan has witnessed profound economic changes since the Green Revolution of the 1960s. Consequently, most of the traditional village occupations became redundant due to fast-paced socio-economic…
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
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
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…
Income Support Levy 2013: A perspective
The Finance Minister during his recent budget speech introduced a new Income Support Levy Tax. A Levy of 0.5 percent would be imposed on all moveable assets of an individual…
The making of an Asian tiger
The remarkable economic success of the ‘Asian Tigers’ (South Korea, Taiwan, Singapore and Hong Kong) has long fascinated the world, Asia in particular. The Asian Tigers resurfaced during the May…
Learn from the Hungarians!
In our article 'Allying with tax evaders', Business Recorder, January 25, 2103, we mentioned that "while our government and parliamentarians during the last many years have been busy in extending…
