BY: ELLAHI BUKHSH QURESHI, ACA, APFA, LLM (UK)Abstract:Withholding tax is a valuable tool used by many tax jurisdictions in their tax machinery for revenue and data collection. A brief introduction to withholding tax mechanism is followed by analyses of overwhelming…
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%…