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government urged to focus on direct taxes
May, 12th 2015

Speakers at Hamdard Shoora have urged the government to focus on direct taxes instead of indirect ones in the budget 2015-16 to minimise production cost and check inflation. During a sitting on "National Budget 2015-16 and Public Expectations," the speakers also urged the government to give priority to the energy shortages in the budget and set aside funds to construct the Kalabagh Dam and have broader consultation with experts and intellectuals to finalise budget proposals.

The speakers then called for broadening the tax net, saying the government ought to play the role of facilitator for trade and industry in true sense so that with more industrialisation, more and more job opportunities might be created. They said the government is taking more loans to repay previous loans and in recent talks with the International Monetary Fund, assurances had been given for broadening tax base and withdrawing tax incentives.

They further said the government must announce concrete steps in the budget 2015-16 for poverty alleviation and should also take steps to check the menace of smuggling. Those who also shared their views were Saadia Rashid, Rahat Latif, Doctor Rafique Ahmed, Bushra Rehman, Absar Abul Ali, Umer Zaheer, Qayyum Nizami, Khalid Nasr, Rana Amir Ahmed Khan, Professor Ghazala Ismael, Shaista S Hassan, Iftikhar Majaz and Professor Naseer Chaudhry.

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