Budget (2013-14): FBR proposes 16 percent GST on sugar

The PML-N has no intention to impose wealth tax in the 2013-14 budget. “We have no intention to impose wealth tax,” PML(N)-designated federal finance minister Ishaq Dar categorically stated, squashing reports that the new government had plans to impose wealth tax. At present, Dar is finalising the contours of next fiscal year”s budget.

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