Dr. Ikramul Haq & Abdul Rauf Shakoori The federal budget for fiscal year (FY) 2025-26, scheduled for June 10, 2025, is not just another fiscal exercise; it is being seen by the public as a litmus test…
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%…