Syed Muhammad Ijaz While reading a judgment[1] of the Honorable Sindh High Court concerning the Sales Tax Act, 1990 (“the Act”), legal counsel submitted that the term “exempt” includes anything that is not taxable under the Act….
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%…