2020-21 Budget: Pakistanis in UAE decry lack of incentives

2020-21 Budget: Pakistanis in UAE decry lack of incentives

In the first quarter, overseas Pakistanis in the UAE remitted $4.6 billion, which was in line with the target set by the government.. Pakistanis in the UAE criticised Islamabad for not offering incentives and relief to its overseas citizens in the 2020-21 budget announced on Friday.. "There was no relief or incentive for overseas Pakistan in the budget.. I am optimistic that second-quarter figures will match the previous quarter.. The PTI government should have offered some incentives to overseas Pakistanis.. Bilal Hussain, a UAE resident, said this is second-consecutive year that the Pakistan Tehreek-e-Insaf (PTI) didn't deliver on the promises made to overseas Pakistan. ". It had promised to come up with schemes for overseas Pakistanis to reward them on remitting through legal channels.. This would have been a win-win game for us and the government in these tough times.. I am wondering what is stopping the government when it is a win-win step for all the parties," he said.. Iqbal Dawood, President of Pakistan Business Council, said the budget is business-friendly because no new taxes were imposed in these tough times when Covid-19 is impact all the countries.". Government is unable to do more due to tough situation surrounding