Dr. Ikramul Haq For the last many decades, every year, before preparation of finance bill along with annual federal budget, suggestions surface in media for comprehensive structural reforms in tax system. In April 2021, Pakistan Institute 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%…