Federal budget will increase inflation unemployment: Rabbani

Dunya News

PPP leader Raza Rabbani says people are being burdened with taxes to an unbearable level.

 

ISLAMABAD (Dunya News) - Parliamentary Leader of Pakistan Peoples Party in the Senate Raza Rabbani urged government to bring big fish into the tax net.

 

He said the federal budget for the next fiscal year after passage from Parliament will increase inflation and unemployment in the country.

 

Sharing recommendations of the Parliamentary Group of the party with media on Monday‚ he said the budget of each Ministry should be placed before the respective Standing Committees of Parliament‚ at least six weeks before the Budget session.


Rabbani said that provincial rights are being violated by amending Sales Tax Act.

 

Raza Rabbani proposed that all those clauses presented in the Finance Bill‚ 2013 to reward and reform tax officials should be dropped.

 

He said the budge was in contradiction of the spirit of the federation. People are being burdened with taxes to an unbearable level, he pointed out.

 

“We strongly condemn the government’s plan to privatize national institutions. We are also not in favour of approaching the International Monetary Fund (IMF),” he said.

 

Rabbani opined that the international lenders attach strings whenever approached.

 

“It will be up to the party to decide whether it wants to fight the violations of the 18th Amendment in the house or takes the matter to the Supreme Court.”