Ever the Prime Minister of Pakistan presented India’s budget, know why it is called anti-Hindu budget?

The budget for 2024 is going to be presented in the Lok Sabha by the central government. Amidst a lot of debate regarding the budget, very few people know that many times the former Prime Minister of Pakistan has also presented the budget for India.

The history of budget making in India is more than 180 years old. The budget has been presented since the time of the British. But the budget we are going to talk about today has created a big uproar.

Liaquat Ali presented the budget

On 2 February 1946, the first Prime Minister of Pakistan, Liaquat Ali Khan, presented the budget of India. At that time Liaquat Ali Khan was the Finance Minister in the interim government of Pandit Jawaharlal Nehru.

This budget was presented before the partition of India and Pakistan. However, this budget of Liaquat Ali was criticized a lot. One and a half years after this budget, Liaquat Ali Khan became the first Prime Minister of Pakistan after partition.

Manta Liaqat Ali Khan, close to Mohammad Ali Jinnah, presented this budget in the Central Legislative Assembly. Even today in history, this budget is called the poor man’s budget.

anti industrialist budget

The industrialists of the country also expressed their displeasure regarding this budget. Let us tell you that in this budget of Liaquat Ali, taxes were kept very strict, due to which traders suffered the most loss.

In this budget, he proposed to impose 25 percent tax on every Rs 1 lakh of profit on industrialists. Not only this, it was decided to double the corporate tax.

After the presentation of this budget, serious allegations were made against Liaquat Ali. People called this budget an anti-Hindu budget. Traders allege that they have deliberately imposed this type of tax provision.

anti hindu budget

It was said that Liaquat was against Hindu industrialists, hence this budget was prepared to hurt him.

After the partition of India and Pakistan, the command of Pakistan was handed over to Liaquat Ali Khan. He was made the first Prime Minister of Pakistan. However, he could not rule there for long and was assassinated four years later in 1951.

Source link

Leave a comment