Senior citizens overlooked
Having worked for over four decades marked by regular payment of all taxes, I was expecting some relief for senior citizens dependent on their savings in the budget. However, no incentive was announced. On savings, initially 15 per cent withholding tax is deducted, and the final balance is paid by calculating the slab of tax on total profit earned. Now, when the prices of medicines and groceries have gone sky-high, we are stressed with low returns on investment, high taxes and high cost of living. The government should reconsider its policies.
Akber D. Vazir
Karachi