Abdul Rauf Shakoori & Dr. Ikramul Haq“No government can exist without taxation. This money must necessarily be levied on the people, and the grand art consists of levying so as not to oppress“—Frederick the GreatGovernments around the world operate with…
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%…