Adding Insult to Injury By Ikramul Haq The clarification issued by the Central Board of Revenue in response to “Tax Machinery and Abuse of Powers” confirms beyond any doubt that the administrative authority, controlling the entire tax apparatus, believes 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%…