PTI demands reduction in GST, welcomes five-year tax holiday in KP

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Criticising the Pakistan Muslim League-Nawaz (PML-N) government’s federal budget for 2015-16, Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Saturday said that excessive taxes have been imposed on the masses.

Speaking at a press conference, Khan said poor get poorer in N-League’s budgets, adding that a specific class was being benefited through Statutory Regulatory Order (SRO). Khan went on to say that the masses have been overburdened with additional General Sales Tax (GST).

“GST should be reduced from 17% to 12.5% as it would reduce the price of diesel by Rs 18, petrol by Rs 6 per litre and thus bring prices down,” he said, also calling for withdrawal of CESS on gas.

The PTI chief emphasised on reforms in Federal Board of Revenue (FBR) besides demanding an additional 15 per cent increment in salaries of government employees. Imran Khan further said that deliverance of farmers’ rights was most important.

He said that more taxes have been imposed on poor people while government failed to arrest thieves of electricity and gas and prevent flight of capital.

Imran Khan said that in real democracy like western countries, government takes money from rich and gives it to poor but in Pakistan poor are not being benefitted. He said that there is a class in Pakistan from whom government have never thought to recover taxes. “The government should impose tax on capital gains for property and real estate business. Those who don’t pay income tax should be made to pay property tax,” he suggested.

The PTI chief welcomed tax holiday for industries in KP for five years and said this should have been done two years back.