Tapping the real potentialHuzaima Bukhari & Dr. Ikramul HaqA country’s tax gap is measured by the amount of tax that remains uncollected due to non-compliance with tax laws.‘Pakistan Tax Gaps: Estimates by Tax Calculation and Methodology’(http://aysps.gsu.edu/isp/files/ispwp0811(1).pdf), a joint study of…
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%…