September 10, 2024
2 mins read

Pak traders hold strike against heavy taxation, condemn govt policies

Recently, traders and businessmen across Islamabad observed a shutter-down strike against overbilling and heavy taxes implemented by the government….reports Asian Lite News

The trader community in Pakistan has been struggling to stay afloat as the administration has been imposing heavy taxes on every essential commodity because of an ongoing economic crisis.

Recently, traders and businessmen across Islamabad observed a shutter-down strike against overbilling and heavy taxes implemented by the government. The ‘fed-up’ business community said that, instead of reducing the luxuries that elites or government employees enjoy in Pakistan, the government has been squeezing the general public by imposing heavy taxes.

The demonstrators called upon the government for its poor policy formation and stated that, business in Pakistan is already in poor condition, and the traders are not ready to compromise with their basic demands on the trader-friendly schemes.

Raja Javed Iqbal, a trader from Islamabad, highlighted that there are at least 10 additional taxes on commercial electricity bills, and if this situation continues, no business can continue smoothly.

Iqbal mentioned, “These electricity bills are now out of our reach. We are not able to understand how the schemes which the government claims are for our benefit will be positive for us. They have imposed several taxes on us traders; why don’t they reduce their expenses. Instead of using luxury cars, why don’t they use buses just like us?”

“What sort of public service is this, where the public servant enjoys all the luxury and the general public is pushed towards poverty? One can observe very well we are forced to pay bills despite zero income and this is increasing our losses further,” he added.

The local trader further claimed that all the international loans being secured by Pakistan are being spent by the politicians sitting in power.

Iqbal said, “Our government often takes loans from international lenders, where does all of it go? It is surely spent on maintaining the fleet of cars given to people of power own. All of that money must be spent on us because that money is our money and they are using it for their own luxurious lives.” (ANI)

ALSO READ: Hundreds of US families affected by China’s adoption freeze

Previous Story

Karachi sees spike in street crime with 5,960 cases in August

Next Story

Jaishankar outlines key pillars of India-GCC ties

Latest from -Top News

Modi 3.0: Power Play Amid a Resurgent Opposition

Ashraf Nehal and Amal Chandra analyse the shifting political landscape in India during the recent winter session of Parliament. They delve into the interplay between the BJP’s diminished majority, an emboldened opposition,

India bids emotional farewell to Manmohan Singh

The nation bid an emotional farewell to the stalwart Congress leader who was fondly known as the ‘Architect of India’s economic reforms’. Former Prime Minister Dr. Manmohan Singh was laid to rest

Biden pays tribute to India’s ex-PM Manmohan Singh

Presiden Biden emphasised that “the unprecedented level of cooperation between the United States and India today would not have been possible without the Prime Minister’s strategic vision and political courage.” US President
Go toTop

Don't Miss

PTI to lodge complaint with Gen Munir about ‘pressure’ tactics

Referring to the establishment’s alleged involvement in “political engineering”, Chaudhry

‘Karachi blast targeted Pak-China ties’

Officials believed that the motive of Tuesday’s attack was to