Huzaima Bukhari & Dr. Ikramul HaqThe Revenue Advisory Council (RAC) of Federal Board of Revenue (FBR), it is reported in the Press, has recommended imposition of Capital Gains Tax (CGT) on the sale of immoveable property. Member Legal of FBR…
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%…