ISLAMABAD:– A draft for mini budget has been prepared and forwarded to Ministry of Law and Justice.
Sources said that luxury items will be made more expensive in the mini-budget and it has been proposed to hike sales tax on non-essential items and imported vehicles.
On the other hand, Opposition Leader of National Assembly and President of Pakistan Muslim League-Nawaz (PML-N) Shehbaz Sharif has rejected the mini budget.
Shehbaz Sharif, in a statement, said that announcement of mini budget by the government is a proof that government lied to nation and business community while announcing the annual budget. Imran Niazi has taken another u-turn, he added.
PML-N president said that the mini budget will prove to be the last nail in coffin of country’s economy.
He also warned that after new legislation, government will become tax collector for the International Monetary Fund (IMF) and economy of the country will be directly under the control of the financial institution.
International News4 months ago
Will provide oil on cheap rates if Pakistan govt contacted us: Russian Consul General
Tech6 months ago
Twitter’s top shareholder Elon Musk decides not to join board
Pakistan1 week ago
Consultation over next army chief will begin in November, says Minister Defence
Sports4 months ago
PCB announces ticket prices for Pakistan, West Indies ODIs
Pakistan6 days ago
IHC Decides against indicting PTI Chairman Imran khan in contempt case
Pakistan5 days ago
US President Biden vows to continue support for Pakistan amid humanitarian crisis
Pakistan6 months ago
President dissolves National Assembly on PM’s advice
Pakistan4 months ago
Pakistan, China hold military talks, reaffirm strategic partnership
Features/Blogs4 months ago
Pollution killing 9 million people a year, Africa hardest hit – study