The federal budget with a total outlay of Rs18.877 trillion for the fiscal year 2024-25 presented by Finance Minister Muhammad Aurangzeb bears no relief for the ordinary people. Except for a few things like import of solar panels and related raw materials and equipment, all other items have been taxed heavily, which directly causes a surge in prices of commodities and other accessories of daily use. On the face of it, the salaries were raised by 20 and 25 per cent respectively but the taxes levied on the salaried class in the budget render this increase somewhat futile.
There seems to be no decrease in the prices of food items because of the heavy general sales tax imposed on them. The budget reflects the measures suggested and dictated solely by the IMF and other foreign donor agencies and is really a serious setback for the impoverished segments of the country. The elite class has, however, been facilitated from every angle as they are considered the real stakeholders in the faltering economy of this country.
Guldar Ali Khan Wazir
Zhob
I was reading about retired government employees who have been re-employed but are also drawing pensions but will have...
I want to draw the attention of the authorities to underage driving. Underage drivers pose a risk to their own lives...
This letter refers to the editorial ‘Resolution 901’ . From the cipher saga to the Resolution 901 development, the...
The Sukkur Barrage, one of the country’s most important barrages, was built during the colonial period. As far as I...
Pakistan is an underdeveloped country and many of us would like to change this. Education is pivotal to achieve this...
The combination of rugged terrain, inadequate infrastructure, and human error contributes significantly to the high...
