Huzaima Bukhari & Dr. Ikramul Haq[i] The outdated and oppressive tax structures at federal and provincial levels have created further fiscal mess[1] that is highlighted in the new chapters and solutions offered for their resolution[2]. We have also included a model…
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%…