Super tax and tax on bonus: misinterpretation of basic accounting–II
Now, if the rationale, intention and equitability have to prevail, the following will be the answer: the tax super tax levied by the Finance Act, 2022 will be applicable for…
Climate change crisis and multilateralism
‘I played a key role as chair of the African Union during the Covid period. We felt like we were beggars when it came to vaccine availability. When we felt…
Super tax and tax on bonus: misinterpretation of basic accounting—I
In the Finance Act 2023 many amendments have been proposed. This article is restricted to two important measures which in the opinion of the author represent misunderstanding of primary accounting…
Divine decisions
I would like to extend my heartfelt congratulations to those lucky people from all over the world who celebrated Eidul Azha in the holy land of Hijaz. Although it is…
For groups fighting US opioid crisis, settlement money can be hard to come by
Companies accused of fueling the US opioid crisis have so far paid out more than $3 billion to compensate states, but has any of the money reached the people who…
For Musk and other foreign CEOs visiting China, silence is golden
A veritable parade of overseas CEOs including Tesla’s Elon Musk and Goldman Sachs’ David Solomon have made their way to a reopened China in the last few months. One notable…
Emergency provisions
WITH each passing day, the state of animosity between the PTI, along with the two provincial governments it controls, and the federal government, that is composed of a multiparty coalition,…
Global economic crisis: Neoliberalism, debt sustainability, SDRs, and multilateralism
The global economy is facing existential threats of climate change and Pandemicene crises. The underlying basis for the perpetuation and hastening of both the crises is Neoliberalism. Here, it needs…
Perpetual crisis
Negotiating with the IMF is not a new experience for Pakistan. The country has been approaching the IMF since 1958 when General Ayub Khan first pushed the nation down that…
