NEW DELHI: Small business owners in Pakistan are currently struggling with burdensome taxes imposed by the government. The latest tax schedule particularly affects businesses in Karachi, further exacerbating the challenges faced by entrepreneurs. These heavy taxes will further burden both large and small businesses in an already struggling economy.
Remarkably, Ramadan and Eid celebrations have been marred by rampant inflation, high taxes and administrative incompetence in managing the financial turmoil in Pakistan this year.
A journalist in Karachi referred to the recent tax policy and said that imposing taxes on large traders may seem reasonable, but imposing burdens on ordinary traders, including the fruit and vegetable trade, will only increase the suffering of the people. He said that.
He said: “It’s all about their corrupt practices and the whole tax system is trying to cover it up. The recent tax increases have increased the price of petrol, which will ultimately increase the pressure on ordinary people’s incomes. ” he pointed out. . ”
He said that during Ramadan, the government failed to provide any relief, while heavy taxes had increased the prices of essential goods such as fruits and vegetables. He also said that ordinary citizens cannot bear such an excessive tax burden.
“Exorbitant taxes on essential goods such as fruits and household goods are pushing ordinary citizens to the brink of affordability.The administration has made clear that such tax policies are unsustainable and harmful to the people. It is essential to be aware of this,” he stressed.
“Such heavy taxes on goods such as fruit and tableware leave the general public unable to afford basic necessities.Such tax policies are a burden on the people, and they cannot survive this situation. “It’s time for the government to understand that it can’t take a long time,” the journalist said.
Suggesting a likely solution, the journalist said the only solution at the moment is a complete change to the tax system at a time when the country is in an economic crisis.
(Information provided by agency)
Remarkably, Ramadan and Eid celebrations have been marred by rampant inflation, high taxes and administrative incompetence in managing the financial turmoil in Pakistan this year.
A journalist in Karachi referred to the recent tax policy and said that imposing taxes on large traders may seem reasonable, but imposing burdens on ordinary traders, including the fruit and vegetable trade, will only increase the suffering of the people. He said that.
He said: “It’s all about their corrupt practices and the whole tax system is trying to cover it up. The recent tax increases have increased the price of petrol, which will ultimately increase the pressure on ordinary people’s incomes. ” he pointed out. . ”
He said that during Ramadan, the government failed to provide any relief, while heavy taxes had increased the prices of essential goods such as fruits and vegetables. He also said that ordinary citizens cannot bear such an excessive tax burden.
“Exorbitant taxes on essential goods such as fruits and household goods are pushing ordinary citizens to the brink of affordability.The administration has made clear that such tax policies are unsustainable and harmful to the people. It is essential to be aware of this,” he stressed.
“Such heavy taxes on goods such as fruit and tableware leave the general public unable to afford basic necessities.Such tax policies are a burden on the people, and they cannot survive this situation. “It’s time for the government to understand that it can’t take a long time,” the journalist said.
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(Information provided by agency)
