Pakistan

Haq calls for tax exemption for individuals earning less than Rs100,000

The Jamaat-e-Islami Amer highlights the rampant corruption in the country, estimating a daily loss of $7 billion due to corrupt practices.

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Lahore: Jamaat-e-Islami (JI) Amer Sirajul Haq on Wednesday called for tax exemption for individuals earning less than Rs100,000.

Speaking at a pre-budget seminar organized by the JI, Haq highlighted the rampant corruption in the country, estimating a daily loss of $7 billion due to corrupt practices.

He urged the government to devise a budgetary system that effectively tackles corruption and criticized the lack of consultation with various stakeholders, including businessmen, farmers, factories, and workers. Haq also advised Finance Minister Ishaq Dar to present an interest-free budget in line with the principles of the Federal Shariat Court (FSC).

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