A wrong move
Published in Daily Times on October 8, 2013
Sir: This is with reference to your editorial ‘Ignominious retreat’ (Daily
Times, October 6, 2013). By imposing two percent additional general sales tax
(GST) on 40 items, the government is encouraging those who indulge in
under-invoicing, mis-declaration and smuggling. Slowly but surely, the
country’s manufacturing sector is shrinking, and it will not be long before we
are forced to import almost every item of daily use, as factories will close
down and thousands of Pakistanis will become jobless. The only way to increase
revenue is to recover tax from the big fish who have enough money to buy
property and construct buildings in foreign countries but contribute hardly
anything to the national exchequer.
SHAKIR LAKHANI
Karachi
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