Huzaima Bukhari & Dr. Ikramul HaqThe concept of delegated or secondary legislation is not extraordinary. The parliaments from where emanate various statutes, cannot be expected to work out the detailed application of the general principles embodied in the acts for…
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%…
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