1.	Devan Metharam Dharmadas Trust Award The highest recognition for the highest grades in Advanced Accounts in the examination of the Institute of Cost and Management Accountants of Pakistan (1964).
2.	Charles Earl Bevan Petman Law Prize The highest recognition for the best grade in a specialized field of Law, from the University of the Punjab, Lahore (1976).
3.	Writers Guild Award for the Best book in Pakistan: Economic Structure of Pakistan (1977).
4.	Cash Research Award by the University of Punjab, Lahore (1978).
5.	Gold Medal by the University Sports Board, Islamabad for teaching and making contribution in the area management application in sports.
6.	Gold Medal by Women Association, Faisalabad for contribution made in developing entrepreneurship in women in Pakistan (1990).
7.	Appreciation Scroll by the International Federation of Accountants (IFAC), New York for the contribution made to the accounting profession on world wide basis (1990) and (2000).
8.	Swinburne Graduate School of Management, Melbourne, Australia Professor John O. Miller AO Awardin recognition of Distinguished Achievement (1999).
9.	Gold Medal by the Institute of Cost and Management Accountants of Pakistan for meritorious services rendered in promoting Cost and Management Accounting Profession at home and abroad (2000).
10.	Quaid-e-Azam Gold Medal for meritorious services to quality education in Management and Commerce Education at home and abroad by Tehrik-e-Istahkam-e-Pakistan Council (2003).
11.	Best Research Publications Award 2003 by Pakistan Education Forum, Islamabad given in the 9th PEF National Education Award 2003.
12.	HEC: Distinguished National Professor - Finance by the Higher Education Commission, Ministry of Education, Government of Pakistan, Islamabad.
13.	Gold Medal from the Insurance Association of Pakistan (Lahore centre) as renowned educationist and for starting graduate and post graduate programs in Insurance and Risk management in the university of Punjab, Lahore.