KARACHI: Senior Vice President, Federation of Pakistan Chamber of Commerce and Industry (FPCCI), Dr Mirza Ikhtiar Baig in his comments on the federal budget, paid tribute to the armed forces for not demanding any increase in the defense budget rather surrendering the increase in their salaries.

He also appreciated the raise in the minimum monthly wage of a worker to  Rs 17500.

He, however, showed his reservations on announcement of 17% sales tax on five-zero rated export-oriented sectors.