Dr. Ikramul HaqThe pathetic performance of Federal Board of Revenue (FBR) in achieving even downward revised budgets for the last many years has adversely affected the fiscal scene—on the one hand federal government is in deep debt trap, fiscal deficit…
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%…