Huzaima Bukhari & Dr. Ikramul Haq Federal Board of Revenue (FBR) has once again admitted its failure in dealing with the powerful class of traders forcing them to file tax returns as other persons do. The government of the day,…
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%…