 Federal Minister for Finance & Privatization Naveed Qamar has presented Federal Budget 2008-09.
Some new taxes have been imposed while a few abolished, keeping in view economic and industrial development of the country. Needs of people in terms of spiraling prices of food items have been kept in view. Salaries of government employees have been raised by 20 percent while the minimum wage has been increased to Rs6,000 from Rs4,600. There will be a ban on government office purchasing luxury items. Minimum taxable salary limit has been raised to Rs 180,000. Benazir Cards proposed to be issued to help the poor. Deserving families to be provided food supplies through National Identity Cards. Basic needs of the people to be kept in view. Employment of women to get special attention; government will extend full cooperation for their welfare and development. Are you satisfied with the budget proposals? Does this budget qualify to be called people-friendly? To what extent the Benazir cards will provide relief to the poor? Is the raise proposed in the salaries of government employees enough? |
Is the new budget people friendly?
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They have imposed heavy taxes on the telecom industry. If we see these days, the poor people use mobile phones too. That won’t go down well with them. However, proabbly they won’t realize it because they are usually unaware of the taxes which are hidden when the rates are shown.