Dr. Ikramul HaqA good tax system is one that raises money with minimal distortion to the economy. In Pakistan, oppressive, unfair and complex tax system is the main cause of many distortions in economy. Budget 2020, expected on June 12,…
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%…
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