The new budget has received mixed reactions from businessmen, Zubair Motiwala of Businessmen’s Group termed it as a good budget in a difficult situation and said that it is an easier budget than what we thought.
President of Lahore Chamber Kashif Anwar also called the budget a good one in difficult times and said that most of the focus has been on agriculture and IT sector.
Sarhad Chamber of Commerce rejected the budget, Acting President Ijaz Afridi said that the budget did not include the suggestions of the business community.
Karachi businessmen said that 1% duty free on import for IT sector is a joke, at least 10% tax exemption should have been given.
Traders also said that the budget did not mention any solution to control inflation.
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