By Dr. Ikramul Haq*Tinkering with direct and indirect tax laws is becoming increasingly common. Every government in Pakistan, in recent years, made tall claims about reforming the tax system. The present Government, soon after taking over, also constituted an Expert…
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%…