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HomeBusinessFlood of inflation - Mashrik TelevisionTAZAA News

Flood of inflation – Mashrik TelevisionTAZAA News

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Federal Finance Minister Ishaq Dar tabled a mini-debate in the National Assembly and Senate, titled the Supplementary Finance Bill for 2023, under which taxes of 170 billion rupees will be imposed. The Federal Board of Revenue (FBR) has issued SRO 178 to increase the excise duty on locally produced cigarettes, thereby increasing the excise duty on tobacco products. 60 billion rupees will be collected from the levied tax. He added that in addition, the general sales tax will be increased from 17 percent to 18 percent and the luxury goods tax rate will be increased from 17 percent to 25 percent, but it will be collected at the expense of an increase in excise duty and a tax increase. withholding tax rate is proposed to be 10% tax so that it is less for poor people. On the other hand, in yesterday’s meeting between President Arif Alvi and Minister of Finance Ishaq Dar, due to the lack of agreement on the introduction of an order on the small budget, the government had to present the small budget in both chambers of the Majlisi Namoandagon. He allegedly refused to sign the order after consulting with the leader of Tehreek Insaf Imran Khan, on the other hand, Nur Alam Khan, a member of the National Assembly of Tehreek Insaf, announced that he would not vote for it. of the Finance Bill. What happened and demanded that the taxi should be a taxi in Pakistan, the agreement with the IMF should be brought to the House. As for the introduction of new taxes worth 170 billion rupees, apart from a few items that include airline tickets and to some extent tobacco products, what are the things that the common and poor people do not use? there is no hope in the hands of extreme inflation. Thus, the people bear the burden of all taxes, even if the shortfall is made up of the increase in the price of electricity, gas, and gasoline, and the people are groaning under a double burden. and triple taxation.”No time limit.” The price of electricity closes many enterprises and factories, which leads to an increase in unemployment. In such a situation, it is not possible for people to commit suicide or commit theft, “robbery” and other crimes. By deceiving the influential classes, they always refuse to contribute fully to the country’s treasury through taxes, while the privileged classes remain in the same line, while the poor people remain in the trap of the direct and indirect tax system. As a result, This is robbery. the country’s wealth has destroyed the country’s economy, the influential classes have accumulated wealth abroad, while the poor are suffering from disaster, and now that the previous governments and the country’s treasury have been emptied of the policies of the guardian forces and the country. is surrounded by a serious risk of default. Again, only people who are not in a good situation are asked to make sacrifices to escape from this situation. He brought the country out of these situations and became a billionaire, but he pushed the country into the darkness of poverty, to inquire. Even in such a situation, some “leaders” still want the country to default in some way (Khudovand). is ready) to stroke their souls. The government is trying to comply with the strict conditions imposed by the IMF at the moment, but despite this, the pressure of the IMF behind it will not end. The purpose of certain forces behind the IMF. very disgusting and decided to save Pakistan from a terrible situation. To save the country, serious measures should be taken.

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