Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori The federal budget for financial year 2025-26 presented on June 10, 2025, in the National Assembly, has laid bare both the ambitions and contradictions of Pakistan’s fiscal strategy. The…
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%…