Huzaima Bukhari & Dr Ikramul Haq The Federal Board of Revenue (FBR), in a Press release issued on May 1, 2021, claimed collection of net revenue of Rs. 3780 billion during the first ten months of the current fiscal year,…
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%…