Lacuna: appeal against CCIR’s order Dr. Ikramul Haq & Syed Muhammad Ijaz Introduction Section [1]131 of the Income Tax Ordinance, 2001 (hereinafter referred to as the “Ordinance 2001”) was substituted through the Finance Act, 2024 (“FACT 2024”),…
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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