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Changing the national narrative

Pakistan has often been seen abroad as a crisis-prone country. That reputation has taken on a new life after the April 2022 parliamentary vote of no-confidence, and the unusual events…

Subject of taxation on farm income

This article discusses the issue of availability of food for the poor at affordable prices, economics of agriculture and the misperception about the potential collection of tax on income from…

Nationalise the IPPs

In Gordium, the capital of Phrygia (ancient Greece), legend had it that whoever could untie an oxcart tied by a complex knot would rule all Asia. Famously, in 333 BCE,…

Grand national bargain, anyone?

Pakistan is dangerously polarized. Pakistanis are divided between supporters and opponents of a charismatic leader deemed a messiah by his followers and a scary demagogue by his detractors. There are…

Law and the super tax: Part – II

The second point in the judgment authored by the Honourable Justice Sardar Ejaz Ishaq Khan in the case titled ‘M/s Fauji Fertilizer Company Limited & another v Federation of Pakistan…

Law and the super tax: Part – I

Former member of parliament of the United Kingdom William Cobbett is famously known to have stated: “Nothing is so well calculated to produce a death-like torpor in the country as…

The tax challenge

Taxation is the lifeblood of any country's economic system – as the primary source of government revenue for public services, infrastructure, and social welfare. Taxation in Pakistan dates back to…