TAX DISPUTE RESOLUTION The apex revenue authority at the federal level, Federal Board of Revenue (FBR), administers four major laws at national level. These are Income Tax Ordinance, 2001, Sales Tax Act, 1990, and Federal Excise Duty, 2005, by Inland Revenue Service (IRS), and Customs Act, 1969 by Customs Group. …
Tag Archives: Article
January, 2022
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25 January
Understanding Pakistan-Russia Rapprochement
Understanding Pakistan–Russia Rapprochement Until recently, the bilateral ties between Russia and Pakistan remained hostage to historical baggage. Trust deficit (Pakistan’s almost blind pursuit of US strategic objectives and Russia’s continuing strong ties with India), regional dynamics, mutually exclusive geopolitical and geo-economic considerations, economic imperatives and strategic culture of both countries …
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24 January
The Quirinale Treaty Post-Merkel power balance in Europe?
The Quirinale Treaty Post-Merkel power balance in Europe? After years of diplomatic tensions, Italy and France, the two biggest economies in the European Union after Germany, have signed an enhanced cooperation treaty. On November 26, the leaders of the two Mediterranean powers long bound by historical, cultural and linguistic ties …
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24 January
Postponement of WTO Talks
Postponement of WTO Talks Poor countries can’t be kept poor The World Trade Organization (WTO) has become the first major diplomatic casualty of the new coronavirus variant, Omicron, when it postponed its first ministerial meeting in four years due to the deteriorating health situation because Switzerland, home to the WTO, …
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22 January
EU’s Global Gateway
EU’s Global Gateway An answer to China, or ‘another rubber check’? For almost 10 years, China has been diligently building a new Silk Road. Through ports, railroads and other infrastructure, it is trying to bind other countries economically to itself. Although this leaves partner countries with a lot of debt …
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22 January
Biden’s Democracy Summit
Biden’s Democracy Summit Democracy today is going through a bad time all around the world. The ghost of the Arab Spring still haunts us. Authoritarianism and dictatorships have emerged within various structures in different countries around the world. By taking away the freedom of expression and the right to elect …
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22 January
South Korea’s Suneung The World’s Toughest Exam
South Korea’s Suneung The World’s Toughest Exam Every year in November, around 500,000 students from across South Korea take the notoriously high-pressured exam which brings the whole country to a standstill. Silence descends across the capital Seoul as public offices, banks and the stock market open an hour later than …
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21 January
Democracy with Chinese Characteristics
Democracy with Chinese Characteristics Highlights of white paper, titled “China: Democracy That Works,” released by the State Council Information Office. For many years, the world has been fed with a unilateral view of democracy. The narrative has been based on notions that true democracy can only come from the West, …
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21 January
Protest in Gwadar
Protest in Gwadar A look at the 19 Demands Gwadar, a key route of the multibillion-dollar China-Pakistan Economic Corridor (CPEC), has been the site of protests in recent days. Locals, under the leadership of Jamaat-e-Islami’s Secretary General Balochistan Chapter, Maulana Hidayatur Rehman Baloch, came out on the streets, chanting slogans …
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21 January
Germany’s staid but steady new chancellor Olaf Scholz
Germany’s staid but steady new chancellor Olaf Scholz Germany has a new chancellor! On December 08, the German Bundestag elected Center-left Social Democrat Olaf Scholz as the country’s new Chancellor, marking an end to the long tenure of Angela Merkel who has now bowed out from the political stage. Chancellor …