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Showing posts with label budget presser. Show all posts
Showing posts with label budget presser. Show all posts

Saturday 6 June 2015

Breaking News | Dar clarifies ‘misreporting’ in post-budget presser

Dar clarifies ‘misreporting’ in post-budget presser 

 

ISLAMABAD: Finance Minister Ishaq Dar Saturday clarified that the government has imposed no new tax on basic commodities.
Addressing the post-budget press conference in Islamabad this afternoon, he said that government has not increased prices of ghee, sugar, milk, pulses, edible oil, furnace oil and high speed diesel.


Explaining the salient features of the budget, he clarified that the taxes have been levied on the affluent class and not the poor. He said it is a developmental and poor-friendly budget which would strengthen our national economy.
Ishaq Dar said that government has given incentives to government employees increasing their pay and pension by 7.5 percent. He said that government has also announced to merge two ad-hoc relief allowances in the basic pay scales and to reduce income tax on their salaries from five to two percent....

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