Dr. Ikramul Haq & Abdul Rauf Shakoori The federal budget for fiscal year (FY) 2025-26, presented by the finance minister in the National Assembly on June 10, 2025, shows an ambitious fiscal framework shaped by revenue maximizing…
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%…