Dr. Ikramul HaqIt is not surprising that every budget of Pakistan, the latest one announced for fiscal year 2019-20 on June 11, 2019, has one common feature: burdening the common people, appeasing the mighty, extending benefits to the rich and…
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%…