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Pakistan increased tax to get economic package from IMF, public anger reached seventh sky
The Pakistan government has a difficult target of raising revenue of Rs 13 trillion (47 billion dollars) for the financial year starting from July 1 in the budget. This is 40 percent more than last year. This includes a 48 percent increase in direct taxes and a 35 percent increase in indirect taxes. This has reached the peak of frustration and disappointment in the Pakistani public.
The government in Pakistan has increased the tax to a great extent to increase its revenue. Its purpose is to get another package from the International Monetary Fund (IMF) to save Pakistan from the economic crisis. However, the tax increase has reached the peak of the anger of the general public, which is already struggling with severe inflation.
In fact, the general public was hoping that the government could give them some relief for several months now. But the government on the contrary increased their financial burden further. This has reached the peak of frustration and disappointment in the Pakistani public.
Shaista from Karachi says, "The government is overly dependent on our taxes. It is increasing taxes on small things like matchboxes. We are tired of paying taxes. Now we feel helpless and powerless. It has become difficult for us to even feed ourselves."
