Budjet 2011-12: Traders warned to close business, increases taxes

The traders of Karachi warned to seal business if any augments in taxes would be declared in upcoming budget. The traders say that their business have already been disturb due to gas and power load shedding and if any extra tax is forced, it would prove the last nail in the coffin. According to Pakistani News Channel reporter, There are 21,000 traders in Karachi and about 300,000 people are allied with these traders in one way or the other.

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