The IMF mission has demanded the government to reduce inflation and increase tax revenue, saying that inflation in Pakistan should be kept five to seven percent and no additional subsidy in the power sector and no relief should be given to the government employees until the tax targets are met.
The government did not agree with some of the IMF demands, so the new budget issues could not be resolved and the date for presenting a new federal budget to the government has to be extended. The stock market was trending during Saturday and the dollar remained strong against the Pakistani rupee and the investors sank more than four billion 51 million and the government is in the state that if it did not succeed in selling sugar at its fixed rates, what would it control?
A leading tax consulting firm in the country has given some recommendations to the government in relation to the new budget and suggested that only one percent income tax be imposed on the country’s traders and the government should reduce unnecessary imports and sell local production and energy so that the country can be self -sufficient.
The industrialists and businessmen of the country are seeing that their organizations and leaders offer suggestions to the government on every budget, but since the government has been accustomed to defamation and considers itself more capable of industrialists, traders and associates, and its decisions are better for the country, which is worthy of taxation. He has once again pointed out, but the FBR’s intellectuals who have always failed to fulfill the tax targets will never accept their shortcomings and try to satisfy the government by presenting the will of the will, which the IMF is satisfied with is satisfied that the government is less likely to understand that the government is less likely to be happy.
The rulers always want to see the same direction of the picture they want. It is the same for those responsible that they tell the government instead of the facts that the rulers want to hear, and on these unrealistic information they claim that the inflation has come to the lower level, while it is quite the opposite and provided unrealistic information to mislead the government.
The government does not know the facts to its responsible, the concerned departments and the finance ministry because they are not the field but the unnatural and the people who make unnatural and contrary to the facts. Therefore, when the budget preparations are industrial and commercial organizations recognizing the field and the facts, or non -governmental organizations and individuals like consulting firms continue to offer suggestions that are never accepted.
On each budget, some political parties also present their shadow budget to the government. Political parties are closely related to the people. They also know the facts from different sources, but they are not heard and every time the government’s budget is presented, there is also a protest in the assemblies, which is mostly pretense and never happened.
Opposition claims are left in the face, on which the opposition rejects the budget so that people can show their opposition. To date no government has failed to approve its budget. Opposition has opposed the budget in the houses and objections to the budget outside the House, but the government budget remains approved. People are also surprised at the IMF policy that they too are keen to reduce inflation and fulfill tax targets, but the government does not want to raise itself when the government does not obey the government. Ministers, judges and minds raise the salaries of persons, while the IMF certainly objected to relief to the salaries.
Instead of tax collection, the government does not take action against those who fail in bribery and goals, but gives allowances to budget makers and does not listen to those who make free recommendations and after the budget approval, the budget is tired and the budget begins to show its work.
If the IMF is proposing not to increase inflation, then the government should not listen to the IMF at least this time and not impose a further increase budget as the people are already fed up with inflation and instead of paying tax savings to the government, tax saving advice, which is forced to pay taxes.
