Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori The federal budget for fiscal year (FY) 2022-23 assigned an ambitious target of Rs. 7.470 trillion to the Federal Board of Revenue (FBR) which includes both direct and indirect taxes. The…
Section 21(s): Ill-advised & unreasonable
Dr. Ikramul Haq & Abdul Rauf Shakoori The challenges of fair and equitable tax collection and financial inclusion in Pakistan are deeply rooted in systemic constraints, widespread informality, and limited trust in the fiscal apparatus. The tax system remains…