Huzaima Bukhari & Dr. Ikramul HaqIn Pakistan, the successive governments have been always very keen to enhance tax revenues, especially collection by Federal Board of Revenue (FBR), but never talk about the real problem that is huge tax expenditure and…
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%…