Self-Governance & Fiscal DecentralisationDr. Ikramul HaqFiscal decentralisation necessarily involves the transfer of taxing and spending powers to sub-national levels of government—in our context, local governments that are still deprived of devolution of political, administrative and fiscal powers despite unambiguous command…
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%…