Dr. Ikramul HaqLawmakers in Pakistan derive their legislative powers from the Constitution of Islamic Republic of Pakistan [“the Constitution”]. Any kind of legislation that includes imposition of levy of any tax, duty, fee, cess etc having extraterritorial impact and involving…
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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