Huzaima Bukhari & Dr. Ikramul Haq Since the promulgation of Income Tax Ordinance, 2001, the Central Board of Revenue (CBR, from 15th September to be renamed FBR) has miserably failed to prioritise its audit resources to focus on key areas…
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%…