Dr. Ikramul HaqPakistan, for the last many decades, has been grappling with the problem of raising adequate taxes to meet needs of both the people and the state. The perpetual and burgeoning fiscal deficit, coupled with deadly debt trap and…
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%…