PTI presents revised budget in the form of a finance bill. Here are some details of expected increase in taxes:
Hasan Nisar criticizes the increase in taxes by the embattled Asad Umar who finds himself left with an economy in extremely dire condition than his worse assessments:
It's way too early to judge Asad Umar when he doesn't even have the luxury to present a full budget and had unrealistic budget, with low taxes, high dollar rate and equally unrealistic targets forced on him.
I still agree with Hasan Nisar about the missing out of the box ideas but still harsh without any money to play with...saying that gas price increase could be avoided by raiding gas thieves in Lahore is unrealistic and unimaginative in itself too.
The kick start to the sluggish real estate sector by allowing non filers for now is another much needed temporary boost to help get the growth going there. The auto sector too got its much needed bone to chew on again.
I was interested in what Miftah Ismael had to say about it and I found him mostly bickering about the above yet praising a few moves too which means that Asad Umar's first show of hands is not that bad after all under the circumstances.