Huzaima Bukhari“The budget doesn’t have much control over the government. Then again, the government doesn’t have much control over the budget”—P.J. O’RourkeEvery year around the months of May and June, the government in Pakistan is confronted with perhaps the most…
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%…