Huzaima Bukhari & Dr. Ikramul HaqIn their respective budgets, the federal and provincial governments, by just enhancing the existing tax rates and imposing new regressive taxes have confirmed that they lack visions to fix the ailing economy where trade and…
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%…