Huzaima Bukhari & Dr. Ikramul HaqIn tax laws, many statutory regulatory orders (SROs) create discriminations among people equally placed, favour the influential segments of society and open avenues of corruption. Through SROs, the Federal Board of Revenue (FBR) provides “legal”…
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%…