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Petrol bomb!
Petrol is directly proportional to the life of common man. Hike in petrol prices increases the inflation rate.
The rapid increase in the prices of petrol and diesel has become a routine. Rise in fuel prices is becoming unbearable for the public and is considered another slap on ordinary man’s face and petrol bomb on an average man.
Petrol has become an indispensable part of our day-to-day life, and we can’t imagine our life without it.
But the petrol prices are escalating, and it is eventually going to affect each and everything that we use in our day to day life.
Due to increase in petrol prices it affects the prices of the food products and other essential commodities.
It also increases the poverty and hunger of a poor person, because it badly disturbs the budget of common people, they can’t make their both ends meet.
With the increase in the prices of petrol and diesel, there has been an increase in the prices of transportation fares and causing a lot of problems for the man on the street and poor people who have to travel long distances for work, as well as it also affects electricity rates. Industrial products are also marketed at increased rates.
Owing to increase in prices a common man is simply crushed economically. An ordinary man’s earning is not enough to handle such price hikes as this will have an impact on one and all.
If this trend continues, poor people will be compelled to walk our way around one day. The government should need to stop increasing the price of petrol and other products, and Petroleum Ministry should work for digging new “oil wells” for more production of petrol.
KHUSHAL KHAN
Hayatabad, Peshawar
Federal Board of Revenue
Central Board of Revenue was formulated before the independence of Pakistan, on 1st April 1924 and it transformed to Federal Board of Revenue in 2007.
According to Section 40C Sales Tax Act 1995, FBR assigns numerous techniques to trail the goods which are related to export/import through tracing and tracking system (TTS) to tally the taxes.
In June 2000, the Government of Pakistan (GoP) was proposed, and in November 2001, FBR readied a tax reform policy that was endorsed by GoP to rectify the taxes system.
In addition, in 2005, GoP inaugurated a Tax Administration Reforms Program (TARP) to recognize the principle of fiscal victims and heightens the revenue tax GDP ratio. Therefore, in 2007 TARP exploration was completed.
Moreover, there are assorted policies of tax exhibitions, tax exemptions and sanctions but the country’s system is too weak to control the inflation or deflation to run the economy effectively.
When the Revenue Division was renovated under the Ministry of Finance on 22 October 1991 then at that time Pakistan was clashing to make a powerful strategy to direct the country’s campaigns but in Jan 1995 Revenue Division was repealed.
No doubt, Pakistan did adequately to run the country. However, some hidden micro dilemmas are avoided. Many communities don’t pay taxes. Even well-known organizations defaults but does not pay penalties which are established by FBR.
In a nutshell, there is no need to touch the sky by direct jump; the ladder is most suitable to complete the mission safely.
In the same way, there is no need to renovate the FBR strategy or illustrated percentages of penalties and taxes. Nonetheless, there is only a need to revamp the predominant policies and start to work properly without creating inflation.
RAGNI LUND
Sindh
Amnesty
for TTP
I was shocked to listen to news of amnesty for TTP members if surrendered. How a nation can forgive perpetrators who killed thousands of troops, security personnel and civilians? Can we fill the vacuum of nearly 150 deaths of APS Peshawar by abandoning to them? And what are the reasons of conducting operations like Zarb-e-Azb, Rah-e- Nijat and Rad-ul-Fasad etc?
In these operations, hundreds of people killed and wounded and thousands become IDPs and TDPs, who got nothing from the government except hollow pledges.
And nothing has changed; same bleak and nightmare can be seen in different parts of Waziristan and other tribal areas. Peace and harmony which was the sole motu of operations seems invisible for hapless civilians.
However, having the emblem of Mujahid-e-Ummah and Number-one spy agency, should not rely on amnesty scheme rather to combat with dare and guts.
Not to forget, there is no NDS and RAW active in Afghanistan whom we blame for our security lapses and other in competencies.
SAMEER UMRANI
Malir Karachi