Ishaq Dar says budget is poor friendly

ISLAMABAD:Minister for Finance and Revenue Ishaq Dar Saturday said no new tax has been imposed on high speed diesel and furnace oil rather it has been rationalized.

In a post budget press conference the Minister Ishaq Dar said it was poor friendly budget in which prices of electricity, milk, ghee and wheat were not increased. He said that the government has not withdrawn subsidy on wheat for Gilgit Baltistan (GB).

He said taxes were imposed only on rich. Benazir Income Support Program, Baitul Maal and Youth Loan Scheme all these schemes in the budget are meant for poor , he added.

He clarified that the subsidy of Rs. 6.05 billion for GB on wheat would remain intact and the provision to this effect has been provided in the budget 2015-16.