The top 500 companies in Pakistan paid Rs 364.325 billion in taxes during 2016-17. Out of 79,728 companies included in the Tax Directory 2016-17, about 32,943 of them paid no tax and 22,312 paid less than Rs 1 million in…
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%…
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