ISLAMABAD: Leader of the Opposition in the National Assembly Syed Khurshid Shah has alleged that the government has collected Rs100 billion from the public in just one year by increasing taxes on petroleum products.

Speaking to reporters at his Parliament House chamber here on Thursday, Mr Shah said the government was wrongly taking credit of not increasing oil prices in five months, saying that the rulers had increased taxes when the Oil and Gas Regulatory Authority recommended decrease in the prices.

The opposition leader said that acting like a “businessman”, the government had increased the tax on petroleum products from 17 to 20 per cent. “Instead of providing relief to the masses, the government has put burden of taxes on their shoulders,” he said, terming it a “fraud” with the nation.

He also alleged that for the first time in the country’s history, the rulers had obtained such big loans in just one year.

Responding to a question, he said if the government opposed the opposition’s bill on the Panama commission, then the joint opposition would devise a common strategy and force the rulers to present themselves for accountability.

In reply to another question, he said the opposition could think of launching a protest movement against the government.

Published in Dawn, September 2nd, 2016

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Afghan puzzle
Updated 28 May, 2024

Afghan puzzle

Unless these elements are neutralised, it will not be possible to have the upper hand over terrorist groups.
Attacking minorities
28 May, 2024

Attacking minorities

WHILE Pakistan has watched many perish in the cauldron of sacrilege, the state has done little to turn down the...
Persistent scourge
28 May, 2024

Persistent scourge

THE challenge of polio in Pakistan has reached a new nadir, drawing grave concerns from the Technical Advisory Group...
Mercury rising
Updated 27 May, 2024

Mercury rising

Each of the country's leaders is equally responsible for the deep pit Pakistan seems to have fallen into.
Antibiotic overuse
27 May, 2024

Antibiotic overuse

ANTIMICROBIAL resistance is an escalating crisis claiming some 700,000 lives annually in Pakistan. It is the third...
World Cup team
27 May, 2024

World Cup team

PAKISTAN waited until the very end to name their T20 World Cup squad. Even then, there was last-minute drama. Four...