Federal Finance Minister said in this backdrop that government was left with only one option, which was to increase the taxes. Now, the question is that will the taxpayers will bear the burden of increase in taxes or not.

In Washington today, reports are being received that; taxes have been increased by the Federal Finance Minister Ishaq Dar. Conferring to the reports it is found that, Federal Minister Ishaq Dar immediately announced to increase the taxes after the successful negotiation of fresh loans from International Monetary Fund (IMF) and World Bank.

In the reports it is found that, Federal Finance Minister announced the increase in taxes during his address in a press conference at Pakistan Embassy in US. According to the reports it is found that, Federal Finance Minister said that, if there was no increase in the taxes, more loans would have been required from IMF and World Bank. He said that, the loans must have to be repaid on immediate basis, which is why taxes have been increased.

According to the reports it is found that, reconsideration of defense budget is not possible and the salaries and pensions of government workers are already low and there is no room for any further deduction. Federal Finance Minister said in this backdrop that government was left with only one option, which was to increase the taxes.  Now, the question is that will the taxpayers will bear the burden of increase in taxes or not.