NEED FOR TAX INTELLIGENCE SYSTEMDr. Ikramul Haq[1]Pakistan for the last many years has been grappling with the problem of raising revenue to survive as viable economic entity. The ever-increasing fiscal deficit, coupled with mounting debt servicing, is posing a serious…
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%…