Dr. Ikramul Haq & Abdul Rauf ShakooriPakistan budget for financial year (FY) 2022-23 was presented with total outlay of Rs. 9.579 trillion with gross federal revenues at Rs.9.405 trillion. The government pitched Federal Board of Revenue (FBR) tax collections at…
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%…