Dr. Ikramul Haq & Abdul Rauf ShakooriThe modern national/democratic states are run on the well-established principle of separation of powers—in the Constitution of Islamic Republic of Pakistan [“the Constitution”] this is well-enshrined as trichotomy of powers. Under the trichotomy of…
Finance Bill 2025 Failure in dismantling oppressive tax system
Dr. Ikramul Haq “…regressive taxation, one of the great ironies of Pakistan’s tax system, treating exporters more like easy tax targets than growth drivers. The FY2025 budget pushed exporters into the normal tax regime, imposing a 1.25%…
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