Huzaima Bukhari & Dr. Ikramul HaqOn January 23, 2019, the Federal Finance Minister, Asad Umar, presented Finance Supplementary (Second Amendment) Bill of 2019—commonly dubbed as mini-budget—to balance the books by raising revenues through enhanced duties on the imported goods labelled…
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%…