The government is planning to introduce mini budget to fill the revenue gap which will be unfortunate, said Dr Murtaza Mughal, President PEW and his Senior Vice President Kashif Iqbal Gondal.
They said that mini budget will hit businesses, masses and the tax structure which is already working against the desire of the stakeholders.
Over the years the government has increased its dependence on indirect taxation which has resulted in widespread poverty and restlessness, they observed.
Dr Mughal said that the FBR is increasing disparity in distribution of wealth which is resulting in increased poverty, unemployment and extremism.
The country is suffering from regressive tax system as over seventy per cent of the taxes are collected through indirect taxation which is wrong and government should enforce a proper direct taxation system to force elite to discharge national obligations, he said.
Copyright News Network International, 2017