Business Recorder op-ed writers Huzaima Bukhari and Dr Ikramul Haq in their write-up "Unfair budgets" carried by the newspaper on April 27 have made a profound remark on our governments' approach to country's economy and people's welfare. According to them, "Our tragedy is that on the one hand we have too many taxes and on the other, revenue collection is much below the real potential. The biggest failure of successive governments has been to spend taxes for the public good."
It is good to see a significant reduction in taxes for the salaried class in the federal budget 2018-19. The two prolific writers are expected to make people like myself and others aware of what is actually in details insofar as tax relief by the government is concerned.
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