This is with regards to the situationer, ‘Pressure on reserve position, external balance to persist in ’12’, published yesterday. The key to booming economy lies in the hands of those earning and not paying due Income Tax. In this regard, the businessmen and industrialists are the main culprits, followed by agriculturists. Also, business houses that are supposed to collect General Sales Tax do not honestly deposit the same in the treasury. There may be other reasons too, but basically, these are the people who make us dependent on foreign loans and we cannot stand up as a respectable nation in the world.
SHAHID MALIK
lahore