WASHINGTON: Ishaq Dar on Monday announced to increase the taxes instantly later than having successfully negotiated new loans from the International Monetary Fund (IMF) and the World Bank here – Federal Finance Minister.
The loans have to be re-paid the finance minister stated, as such, there was no choice but to increase the taxes. Revisiting defence budget was not possible, in the period of time the salaries and pensions of the government employees we’re hitherto quite depressed and allow no room for some slit.
Ishaq Dar stated the only option left for the government was to lift up the taxes. But the question arises would the taxpayers continue to hold all the loadings or the government would also call for action opposed the tax thieves.