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MQM proposes alternative for RGST

November 15th, 2010

KARACHI: MQM’s leader Dr Farooq Sattar confirmed on Sunday that an alternate option beside Reformed General Sales Tax had been put forward to the Government, and stressed that if it is implemented can generate revenue of Rs One thousand billion.

The proposed suggestions include, wealth tax on big feudals and landlords, agricultural tax, stoppage of additional-benefits in agriculture, deduction in non-development funds, an end for corruption, reforms in public and private sectors and a review of Afghan-transit agreement.

Sattar further said that the government had been cautioned numerously about the consequences of RGST, and that it will bring a Tsunami of inflation for the people of the country.

He demanded for the implementation of suggestions by MQM, in order to bring relief to the people. – DawnNews