Dr. Ikramul Haq & Abdul Rauf Shakoori Pakistan’s economy may enter a new, perhaps decisive, phase when the Federal Finance Minister, Muhammad Aurangzeb, presents the annual budget for fiscal year (FY) 2025–26 on June 10, 2025, at a time…
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%…