Huzaima Bukhari & Dr. Ikramul HaqThe fiscal management in the wake of 18th Constitutional Amendment [the “18th Amendment”] has been posing serious challenges for all. The problems diagnosed by experts are ambiguity over taxation rights between federation and its units,…
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%…