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Senator warns 2025-26 budget will strain public finances with higher petroleum taxes.
Senator Saleem Mandviwalla warns that the 2025-26 federal budget will increase financial strain on the public, mainly due to a rise in the petroleum levy to cover a revenue shortfall of Rs700 billion.
He criticizes the Federal Board of Revenue's performance and calls for modern, tech-savvy officers to improve tax collection.
The budget will not offer significant financial support to citizens, focusing instead on revenue collection.
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El senador advierte que el presupuesto 2025-26 presionará las finanzas públicas con mayores impuestos al petróleo.