Dr. Ikramul Haq and Abdul Rauf ShakooriPakistan continues to face longstanding challenges in meeting its external financing needs and sustaining foreign exchange reserves at acceptable levels, significantly hindering its potential for GDP growth. The country’s economic condition has been precarious,…
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%…