Pak Affairs

1. The country’s Gross Domestic Product recorded 13-year highest growth of 5.8 %. 2. Revenues from telecom sector reached an estimated Rs 235.5 billion during the first two quarters of FY 2017-18. 3. The commercial launch of 3G and 4G Long Term Evolution (LTE) services opened new opportunities for revenue generation for the mobile operators. 4. The broadband penetration jumped …

By: Qurat-ul-Ain Issues and the Way Forward Education is the most powerful weapon that can be used to change the world. It enhances not only analytical abilities but also critical thinking of the students. Unfortunately, being a developing country, Pakistan faces almost all sorts of socioeconomic problems. One of the major reasons behind all these problems is low literacy rate …

A Serious Effort or An Election Gimmick? Tax amnesty is generally offered to taxpayers to offer them an opportunity to disclose income or assets accumulated through untaxed sources and to pay their unpaid taxes. It generally takes the form of reduced or no interest or penalties and freedom from prosecution. Tax amnesties are announced to stop tax evasion, increase tax …

The constitution of a country constitutes its system; in this sense, the constitution, whether written or unwritten, assumes paramount significance. The experience of Pakistan in writing and adhering to its written constitutions has not been ideal. The subordination of state will to the written constitution has been a persistent challenge. Constitutionalism, therefore, has been a sine qua non for the …

It’s time to take the right turn The National Security Committee (NSC), the highest civilian-military coordination forum in Pakistan, has resolved to recalibrate the country’s foreign policy, amidst the pressure building up in the context of inclusion of country’s name in grey list of Financial Action Task Force (FATF), followed by the visit of Ms Lisa Curtis, Deputy Assistant to …

In Pakistan, the tax gap is estimated to be over 11 percent of GDP – a fact that signifies the huge potential for tax revenue. The tax authorities need to exploit this potential in order to mobilize additional tax revenue of more than Rs 3.3 trillion that will jack the tax-to-GDP ratio up from the current 11.5 percent to 23.3 …

The wealth we must tap Our economic relationship with the ocean is once again evolving in important ways. As a setting for global trade and commerce, and as a significant source of food and energy, the ocean’s contribution is already important. This century, it is likely to become an economic force. The drivers are many and varied, but have their …

By: Urainab The Control of Narcotic Substances Act, 1997 (hereinafter the CNSA), has been enacted, as a Special Law, mainly to curb the menace of narcotics in Pakistan. An offence under this Act is, in effect, an offence against the society. The principal object of the promulgation of the CNSA is to control the production, processing and trafficking of narcotics, …

It’s the election year in Pakistan. The end of another democratically-elected government is here. For a country like Pakistan where democratic development remained hostage to intermittent military coups, and which enjoyed its first-ever peaceful democratic transition only after the last general election held in 2013, the successful completion of another democratic tenure is, undoubtedly, a landmark achievement. But not everyone …

A look at the problems that hurt a country’s economy Economic crimes exist in many forms and are subject to punishment in accordance with their degree of severity. Although economic crimes are common in the developing countries, the developed part of the world, too, is not immune to such acts. In this article, some kinds of economic crimes are briefly …