Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori The International Monetary Fund has agreed to lower Pakistan’s tax collection target for the ongoing fiscal year from Rs. 12.97 trillion to Rs. 12.35 trillion, a move that…
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%…