The senators on both sides of the isle on Thursday called for revising proposed taxes on the salaried class, medicines, cement industry and property business, besides minimizing power load-shedding in the country.
Taking part in the debate on budget 2024-25 in the Senate, Pakistan Tehreek-e-Insaf’s (PTI) parliamentary leader Ali Zafar claimed that no relief was given in the budget rather new taxes were imposed which would further burden the people.
He said the finance minister should have proposed steps to reduce the government’s intervention into the market besides promoting a market driven economy. No concrete recommendations were suggested for economic growth and reduction in the government expenditures.
The economic growth would suffer with increase in the taxes to achieve the revenue target of Rs 3.8 trillion, he added.
Kamran Murtaza of the Jamiat Ulema-e-Islam-Fazl said JUI-F said that the federal consolidated funds needed to be discussed at the forum.
He regretted that three governments remained in power but new National Finance Commission Award had been announced in violation of Article 160 of the Constitution.
