Increase in Income Tax Discourages Private Sector NCC
The office bearers of NCC, organizing anevent in the capital on Thursday, said that the government didn’t allocateenough amount of budget for the productive sectors like industry among others.
According to NCC, to control theballooning import and trade deficit, the government should focus on theproductive sector, only then the economy of the country will grow.
“The government should spend 10 percentof the country’s gross domestic product (GDP) for infrastructure development toachieve double-digit economic growth. For this, the government should work onattracting foreign investment,” a statement issued by NCC reads.
Source:NewBusinessAge, 2nd June, 2018