Dr. Ikramul HaqThe primary function of a tax system is to raise revenue for the governments at various levels, in the case of Pakistan, federal and provincial, for their public expenditure as well as for local authorities and similar public…
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%…