Dr. Ikramul HaqThe Government of Pakistan Tehreek-i-Insaf (PTI) has finally notified its first asset/income/expenditure whitening scheme—Assets Declaration Ordinance, 2019. Promulgated as Presidential Ordinance on May 14, 2019, the scheme gives generous incentives to those who have not been paying their…
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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