Federal Minister for Finance Miftah Ismail says that if there is any reduction in the budget, it will do its best to fulfill it, propaganda of the opposition is unconstitutional, and Tax Thieves will get a lot of unfair exemption now. According to details, while briefing the media after the post-budget seminar in Islamabad, the Finance Minister said that there will be positive impact on the economy of the current budget. It is our responsibility to increase the speed of successful development and the mistakes will be done.
The budget will not increase the expenses of any department, in this context; the propaganda of opposition is unmatched. Finance Minister added more that the income tax percentage has been decreased for the common person, but new vehicles and property buyers must come to the tax net. He also said that the goal of collecting tax by Four Thousand Billion Rupees has been targeted.
Government sets growth target at 6.25 percent for the year 2018-19 and the committee has been formed to increase export package for three years, GDP (Gross Domestic Product) will be Eleven Percent of this year, more support on the cultivation of wheat and sugarcane is harmful.
Pakistan Finance Minister Miftah Ismail explained that the petroleum levy would not increase on 1st July 2018; we have increased the level of petrol levy. The Finance Minister said that if a billion of rupees came in the bank account, source of income should be disclosed.