Dr. Ikramul Haq In 2001, the duo of General Pervez Musharraf and Shaukat Aziz decided to promulgate a new income tax law on the dictates of International Monetary Fund (IMF). The move was opposed by many on the plea that…
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%…