The government has decided to impose a 10% super tax on big industries. Prime Minister Shahbaz Sharif says there is a storm of inflation.
The government has announced a major decision to reduce poverty by imposing super taxes on steel, cement, sugar, textile, oil and gas, auto industry, aviation, fertilizer, banking, energy, and terminal sectors. The Prime Minister said that cigarettes will also be taxed, Rs 2,000 billion tax disappears, this is the first budget in which economic vision has been given, there is a storm of inflation, we will try our best to control it.
During the meeting of the economic team, the Prime Minister said that after taking over the government, there were two ways. Decided together with allies. Not politics, the state will save.
He further said that if no other condition is met then an agreement will be reached with IMF, no green garden will be shown, short-term difficulties will come from tough decisions, and efforts are being made to give maximum relief to the people.