The house is continuing discussion on the budget for next fiscal year.
Participating in the debate, PPP Co-Chairperson Asif Ali Zardari said that the government and the opposition should sit together and formulate a long-term economic policy for the country.
He said the government has enhanced salaries of employees in the budget but increasing tax on them has only offset the benefit of that raise. He said those already paying taxes should not be further burdened.
He said steps need to be taken to restore the confidence of industrialists and businessmen.
The PPP Co-Chairperson also thanked the speaker for issuing his production orders.
Taking part in the discussion, Asad Umar of Pakistan Tehreek-e-Insaaf said the economic team of government has made an excellent effort of presenting the best possible budget in difficult economic situation. He said we should make utmost efforts to strengthen and uplift the agriculture sector in order to bolster the country’s exports.
He said EOBI pensions should also be enhanced from ten to fifteen per cent. He said vulnerable segments of the society and middle class should be fully protected. He suggested that taxes on sugar, edible oil and small cars should not be enhanced.