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Dawn

Budgeting on hope

By none@none.com (Khurram Husain)

If ever voice mattered, it was now. The budget unveiled today shows the government heard everything that was being said about it and has moved to rectify, albeit the moves are small. Salaried people have been extended some relief, but mostly for upper slabs. The infamous “deemed income” on capital assets (immoveable property) has been scrapped. The other bug bear of the elites, the so-called “Super Tax” has been abolished for firms with income up to Rs500 million and for those earning above t...