Dr. Ikramul Haq & Abdul Rauf ShakooriDuring the first quarter of the 2022-2023 financial year (FY) Pakistan emerged successful in the combined seventh and eighth reviews of the Extended Fund Facility (EFF) approved by the International Monetary Fund (IMF) which…
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%…