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Dr Ikramul HaqThe Friday Times |
If elections remain disputed, political parties remain internally undemocratic, campaign finance remains opaque, elected representatives escape...
Afghanistan is not cursed because copper lies beneath Logar, lapis beneath Badakhshan or iron beneath Bamiyan. It has been cursed by political choices...
The latest US-Iran exchange and Benjamin Netanyahu's avowed shift from containment to persistent prevention make the 1996 strategy paper newly...
Pakistan must decide how a revised NFC would treat population, poverty, revenue effort, inverse density and other needs before—not after—new...
Asia’s next growth story cannot be imported; Pakistan must acquire the institutions with which to write its own. “Asia’s Next Growth Story.”...
Acemoglu’s working-class liberalism explains why mature democracies are losing legitimacy. Pakistan presents a harder problem: constitutional...
Pakistan’s blue-passport controversy should be read through a short chronology of expanding privileges on the part of militro-judicial-civil complex...
The Saudi Arabia-Türkiye-Pakistan agreement should not be confused with a “Muslim NATO”. Its deeper significance lies in the search for a...
“Small nations have always struggled against more powerful ones for their freedom. The whole history of humankind is a struggle of the oppressed...
A taxpayer who misses a statutory deadline may lose the right of appeal, face recovery proceedings, pay default surcharge and suffer penalties. What...
Pakistan’s primary maritime energy corridors are currently affected by the regional conflict. The Strait of Hormuz has been blocked since the...
Pakistan is once again counting its dead people. Soldiers, police officers, other law-enforcement personnel and civilians are being killed across...
When the first missiles were fired on February 28, 2026, many observers hoped that the conflict would remain geographically confined and...
“The committee had earlier directed the FBR during the previous meeting to submit complete details of taxes assessed, collected, and pending from...
“The 1973 Constitution introduced a bicameral legislature. Equal representation given to all provinces in the Senate was intended to give a measure...
June 26 marks the International Day against Drug Abuse and Illicit Trafficking. According to the United Nations Office on Drugs and Crime (UNODC),...
The Federal Board of Revenue (FBR) is once again being reinvented! The proposed transformation plan envisages a three-wing structure separating audit,...
As we approach the 80th anniversary of the negotiations that led to the United Nations’ Universal Declaration of Human Rights, it is a good time to...
Only “agricultural income” as defined in the Constitution falls within the legislative competence of the provinces, while all other activities of...
Let me offer a rule that peacemakers have long understood. “Peace through strength” is an oxymoron. Soft power directed towards maintaining and...
“A collection of tax where it is not due is as detestable as its non-payment when it is due.” — Nasim Sikander J, in CIT Companies, Lahore v...
The joint recommendations presented on May 12, 2026, by the country’s leading textile and export associations to the Federal Finance Minister,...
“….we are persuaded to hold that Section 7E of the Income Tax Ordinance, 2001, is ultra vires the Constitution, and is accordingly struck down,...
“Section 4C is a distinct charge on a distinctly defined base of income, and takes nothing away from the charge of tax under Section 4 or from the...
“An ideal tax system should consist of the lowest possible tax rate on the broadest possible tax base”— Ibn Khaldun (1332–1406) in Muqaddimah...
The gravest error in the FCC’s order lies in its implicit acceptance that the term ‘income’, as envisaged under the Constitution of the Islamic...
In the course of the next several decades, a functioning structure of global cooperation, based on geopolitical realities, could thus emerge and...
Chinese aid to Iran and Pakistan is of more immediate regional and geopolitical significance to China, but that also does not provide the point of...
“Islamabad’s outreach to both Washington and Tehran — including contacts between the Pakistan Prime Minister and American officials — suggests...
Armies fight for a people; armies fight for a nation. Armies fight for a way of life. And that is what we are defending: a great civilisation that has...
“President Trump has also been very consistent. Crazy regimes like Iran, hell-bent upon Islamic delusions, cannot have nuclear weapons. It is common...
In periods of fiscal stress, states often confront a choice: either reform the structure of revenue generation or intensify extraction from the most...
“We are not a welfare state; we lack the institutional nervous system, the documentation, and the moral contract to sustain one. Yet, our fiscal...
At first glance, Faiz Ahmad Faiz may appear distant from the hard arithmetic of today’s world—markets, balance sheets, power blocs, and economic...
“Power to levy taxes is a sine qua non for a State. In fact, it is an attribute of sovereignty of a State…it must be exercised strictly in...
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