Over reporting, faulty fixation Huzaima Bukhari & Dr. Ikramul Haq In document titled, Federal Budget 2020-21: Budget in Brief, revised version presented by Ministry of Finance (MoF) many days after announcement of federal budget for fiscal year (FY) 2020-21…
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%…