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Pakistan, on the way to becoming 'bankrupt', soon impose 'sin tax'

Thursday - December 6, 2018 12:24 pm , Category : WTN SPECIAL
 Soon, sin tax on cigarette and syrup in Pakistan!
Soon, sin tax on cigarette and syrup in Pakistan!

Pakistan's economic structure may soon be devastated; China refuses to give cash to Pakistan
DEC 06 (WTN) - Pakistan is notorious for spreading terror in the whole world. The whole world knows that Pakistan tries to spread panic through terrorists in Kashmir. Pakistan needs arms to spread terror, and Pakistan has enough money for it, but not for the country's health budget. As you know, due to Pakistan's efforts to safeguard terror, today the economic condition of Pakistan has been that it has drowned in bad debt. Not only this, the CPEC project with China has also made Pakistan's economic condition so shocking that it has to seek loans from the China.

Debt-laden Pakistan has sold cars to animals to improve its economic condition, so that the country receives some revenue from selling it. Nearly bankrupt Pakistan has now decided to introduce a new method of tax collecting in the country to increase the tax collection. According to the information, Pakistan, in debt, has decided to impose ‘sin tax' soon on cigarettes and syrups to increase its health budget.

According to Pakistan's Health Minister Amir Mahmood Kiyani, "The Pakistan Tehreek-e-Insaf government wants to spend five percent of GDP in the country on health sector. And for this work, they will have to increase the income. For this, the government is implementing various measures."

According to information received from the media, Pakistan has idea to impose 'sin-tax' tobacco products and sweet drinks. It is being said that whatever income will be generated from the ‘sin tax’, it is planned to include it in the health budget. For your information, let the Pakistan government spend just 0.6 percent of the GDP on health sector. Not only in Pakistan but in almost 45 countries of the world impose this kind of 'sin tax'.

For your information, let you know that the economic situation of Pakistan has become so critical that there was auction in the existing Prime Minister Imran Khan's government house, where old cars and buffaloes were auctioned, so that revenue can be generated. In order to get debt from all over the world, Pakistan has asked for the finical support from the World Bank as well as many countries.

Here Pakistan, who tries to show eyes to India on the basis of China, now China has now refuted Pakistan’s demand of cash. According to the information, China is now planning to provide several kinds of bailout packages to Pakistan rather than cash. Under this, there are many projects like investment in new projects and cooperation under CPEC. But clearly it is a policy of China that under which it wants to subdue Pakistan completely.

That is, it is clear that the economic condition of Pakistan has now become that after selling the cars and buffaloes, they have to fill their own treasury  by putting 'sin tax' on cigarettes and syrups. At the same time, China has refused to pay cash. It is clear that Pakistan was trying to destroy India through terrorism; but the same terrorism has destroyed Pakistan itself and its condition, today, has come to the edge of being bankrupt.