Huzaima Bukhari & Dr. Ikramul HaqThe Finance Bull 2020, presented along with federal budget for fiscal year 2020-21 on June 12, 2020, contains certain provisions relating to giving powers to Federal Board of Revenue (FBR) to have online access of…
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%…