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            Black Saturday’ for the salaried class


Saadia Khalid

 

Islamabad

People were left aghast by the time they realised as to what were the assertions made by Minister of State for Finance and Economic Affairs Hina Rabbani Khar in the budget that she presented for the fiscal year 2009-10 on Saturday.

According to the people, it was nothing but a ‘Black Saturday’ for the poor salaried class people of the country, as if it was not enough that besides getting the income tax deducted at source they were made to pay all sorts of taxes and duties on each and every consumer item that they are compelled to buy out of necessity, now the government has burdened them with more taxes and duties.

“It is absolutely false that the poor and low income segment of the society has not been burdened by any new taxes, but the fact is that each and every tax imposed on other items would be recovered from us, the poor salaried class,” said Ayesha Murtaza, a housewife. She said that because other people hardly care to pay any taxes and even if they do they manage to get away with a big chunk of money that they owe to the government by paying a meagre amount to the people who know how to manipulate laws and rules and shift the whole burden to the salaried class throughout the country.

The women were of the opinion that although the budget had been presented by the first ever woman finance minister of the country yet it had very few to facilitate the women as far as the household budget was concerned.

While talking to ‘The News’ they said that they had high hopes from the government and were expecting huge relief this time, but all there hopes and aspirations could not materialised. “The increase in salaries in undoubtedly a major step taken by the government for the relief of government employees,” said Fiza Iftikhar while adding that something was better than nothing. She however said that the increase in the salaries was not according to the inflation prevailing in the country. “The increase in salary must be according to the inflationary trend in the country,” she said. Another housewife, Imtiaz Shaheen said, “What we were expecting this time was a considerable decrease in utility bills, but the government announced the reduction of subsidy in electricity and gas tariffs, which would ultimately increase the bills.”

Shaheen said that almost half of their income is spent on the utility bills, but the government further burdened them by announcing 10 per cent increase in electricity bills despite facilitating them in this regard. “We can either feed our children or pay the utility bills in the current inflationary trend,” she added.

The women also feared the increase in the prices of petroleum products as a result of the imposition of specific carbon surcharge. “Whenever the prices of petroleum products increase it has a direct impact on household budget,” said Seema Agha. Agha said that the increase of petroleum products have an impact on the prices of vegetables to the prices of luxury goods. “It’s very obvious as the mobility charges increase with the increase in the petroleum products,” she said.

A workingwoman, Rafia Mahmood said that the tax relaxation was indeed a praiseworthy step taken by the government. “At least the women had been given extra privilege when it comes to the tax relaxation,” she added. Mahmood said that increasing the limit for the exemption on Income Tax for salaried female from Rs240,000 to Rs260,000 although was not satisfactory yet at least something had been done to facilitate the women.

On the other hand 50 per cent relief in the tax liability of the senior citizens had been partially hailed by the people in general as majority were of the opinion that the senior citizens should be exempted from the tax. “At least the limit for the senior tax payers must have been much more than what has been currently announced Rs750,000,” said Shahida Zulfiqar.

The News: Sunday, June 14, 2009

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