No IMF Pressure, Only Commitments Being Honoured: Ayesha Ghous
Mohammad Ali (@ChaudhryMAli88) Published June 29, 2022 | 02:40 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 29th Jun, 2022 ) :Minister of State for Finance and Revenue Ayesha Ghous Pasha on Wednesday dispelled the impression that the incumbent government had taken extra pressure of the International Monetary Fund (IMF) to integrate amendments in the federal budget 2022-23 saying that the changes had been made in larger national interest.
Responding to the criticism by the opposition members over the amendments in the Federal Budget 2022-23 in National Assembly, Ayesha Ghous said the amendments were made in such a way that the common man should not be affected. She said the government had reduced taxes on the people having small incomes while increased tax on the higher income people.
She said that the amendments being integrated in the budget were in line with the previous PTI government's agreement/commitments made with the IMF, but the past regime had not fulfilled them.
"The IMF makes agreements with the state of Pakistan not with any government or a political party, therefore we have no other option but to act upon the agreement," she added.
She said it was for the first time in the country that the rich people were taxed heavily and the poor were given maximum relief. Look at the super tax, she said which was being levied on the rich industrialists.
Similarly, she said the small income segments had been given relief while the tax had been increased for the higher income people.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 20 April 2024
Today Gold Rate in Pakistan 20 April 2024
Tennis: ATP Barcelona Open results - 1st update
Swiatek's perfect 10 in Stuttgart as Vondrousova stuns Sabalenka
Arandu's roads closed due to flooding
Oil tanker catches fire in Islamabad’s Blue Area
Pakistan committed to ensure safety of foreign nationals: FO
Tennis: WTA Stuttgart results - 1st update
Four passengers injured as train hit an empty vehicle
Over- speeding bus crushed to death two bike riders
Turkey's Freedom Flotilla ready to set sail for Gaza
French teen dies from heart failure after knife attack near school
More Stories From Business
-
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 20 April 2024
2 hours ago -
Today Gold Rate in Pakistan 20 April 2024
3 hours ago -
Pakistan aims to agree outline of new IMF loan in May - Finance Minister
13 hours ago -
FTO commends FBR's role for prompt resolution of tax payers’ issues
13 hours ago -
BISP embraces E-procurement: launches inaugural tender
15 hours ago -
Business community indebted to Ahsan Zafar for his unprecedented services: Yousuf Rajput
15 hours ago
-
China auto sector steps up Europe push with Spain plant
15 hours ago -
Condolence reference held in memory of FBR's officials
16 hours ago -
Health activists ring alarm bells over 10-stick cigarette pack
16 hours ago -
Karachi receives maiden direct flight of Azerbaijan Airlines from Baku
17 hours ago -
PSX turns bullish, gains 619 points
17 hours ago -
Rupee bounces back; gains 13 paisa against dollar
17 hours ago