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Pakistan’s military establishment biggest business group: UNDP

truthfollower

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Pakistan’s military establishment biggest business group: UNDP
Pakistan’s richest 1% hold almost a tenth of its total income


SAMAA | Samaa Money - Posted: Apr 15, 2021 | Last Updated: 2 days ago


Pakistan’s military establishment biggest business group: UNDP

Pakistan Army Chief General Qamar Javed Bajwa stands before the start of the Pakistan Day parade in Islamabad on March 23. AFP




Pakistan’s military establishment represents the largest conglomerate of business entities in the country, reveals a United Nations Development Programme report called ‘The three Ps of inequality: Power, People, and Policy‘.
The report said that Pakistan’s military enjoyed Rs257 billion in privileges in 2017-18 and it is the country’s biggest urban real estate developer and manager, with wide-ranging involvement in the construction of public projects.
The military’s business activities are essentially run through two entities, the Fauji Foundation (FF) and the Army Welfare Trust (AWF), with high net profits and rapid growth.
The military’s Defence Housing Authorities (DHAs) also enjoy significant privileges in terms of federal sales tax exemptions and the earmarking of property tax, which goes solely to cantonment boards.
The report’s biggest takeaway, however, is the damning statistic that Pakistan’s elite – the top 1% of its population – has 9% of the country’s total personal income.
“The average income of high net-worth households is six times the income of an average Pakistani household,” the report said. “Despite this, high net worth individuals evade taxes worth Rs168 billion.”
The report highlighted the stark contrast between the elite rich and powerful and the underprivileged. The extensive study quantified the privileges such tax benefits the country elite and powerful groups such as feudal landowners were attracting.
The poorest 20% of the nation hold 7% of the national income while the richest 20% have 50% of the national income.
The elite also enjoy substantial concessions, such as tax credit provisions which reduce their personal income tax liability, and the separation of taxes into different types of income (from securities, shares, and bank deposits, etc.) reduces the progressivity of the tax system.
Progressive taxation is a tax system in which tax increases with an increase in income. For instance, if a person pays 10% in income tax on Rs100,000 of their income then another person with a higher income, say Rs200,000,. will be paying higher than 10%.
“Overall, in 2017–2018, high net worth individuals in Pakistan enjoyed privileges totaling Rs368 billion,” it added.
Pakistan’s feudal elite owns nearly quarter of country’s farm area
Pakistan’s feudal elite, which constitute just 1.1% of the country’s population, owns 22% of its farm area, the UNDP report revealed.
“They have disproportionate access to political representation in the National and provincial assemblies, enabling them to safeguard the tax benefits and special concessions they are granted,” the report said.
These benefits include favoured tax treatment for agricultural income and land revenues, low irrigation water charges despite Pakistan’s water-stressed status, preferential access to bank credit, and subsidies for fertilizers and the provision of electricity for tube wells.
“Overall, in 2017–2018, Pakistan’s feudal class enjoyed privileges totaling Rs370 billion,” it added.
Corporate sector enjoys privileges over Rs724 billion
The corporate sector encompasses Pakistan’s growing number of business owners and shareholders. Businesspersons are often members of federal and provincial cabinets.
“Moreover, large associations and embassies protect the interests of multinational corporations that operate in the country,” the report said.
“Overall, the corporate sector benefits from a host of privileges, such as the recent reduction of corporate tax on profits, the withdrawal of the Super Tax (meant for the extremely wealthy), and industry-specific concessions such as lower sales tax rates on production and sales, exorbitant import duties, and more.”
Overall, in 2017–2018, Pakistan’s corporate sector enjoyed privileges totaling Rs724 billion.
How to improve equality: Social movement?
UNDP Assistant Secretary-General Kanni Wignaraja, in an interview to Al Jazeera, says she wishes that there were a strong intent to review things like the current tax and subsidy policies, to look at land and capital access.
Wignaraja said that it will almost need a ‘social movement’ to displace structures of power that are deep-rooted.
In a country like Pakistan, where the military continues to hold power over many aspects of governance, she warned that it would take almost a social movement to displace structures of power that were so entrenched, Al Jazeera quoted her as saying.
“I’m very clear that we can provide the analytics, we can put the impartial story out there and then it is up to the country, both the state and the people to say: ‘Enough, here is how we need to take break up these strongly-held power groups and dynamics in this country.’”​
 

Dalit

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LOL look at wealth distribution around the world. Only a handful of elite hold the vast majority of wealth. Are we going to propose a social movement i.e. Arab spring for all nations around the world?

What is wrong when the Pak army is generating revenue through business? Can anyone explain the sin here? As long as taxes are paid nothing wrong.

I can agree with the rest where fuedals and elites are sucking the common man dry. There needs to be accountability as far as tax payment is concerned. This needs to be done across the board.

UNDP_KH_Kanni Wignaraja-1-crop-2.jpg



Surprise. Kanni is an Indian.
 
Last edited:

Ahmet Pasha

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LOL look at wealth distribution around the world. Only a handful of elite hold the vast majority of wealth. Are we going to propose a social movement i.e. Arab spring for all nations around the world?

What is wrong when the Pak army is generating revenue through business? Can anyone explain the sin here? As long as taxes are paid nothing wrong.

I can agree with the rest where fuedals and elites are sucking the common man dry. There needs to be accountability as far as tax payment is concerned. This needs to be done across the board.

View attachment 734915


Surprise. Kanni is an Indian.
These cockroaches are everywhere :hitwall::hitwall:
 

Vapnope

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What is wrong when the Pak army is generating revenue through business? Can anyone explain the sin here? As long as taxes are paid nothing wrong
The propaganda is hilarious as the money for fauji foundation came from renumeration of soldiers who fought in WW2. It was very wise of people who thought about investing in business instead of distributing money to individuals. Today, thousands of civilians earn their bread and butter from the same fauji foundation.
 

TheSnakeEatingMarkhur

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Pakistan’s military establishment biggest business group: UNDP
Pakistan’s richest 1% hold almost a tenth of its total income


SAMAA | Samaa Money - Posted: Apr 15, 2021 | Last Updated: 2 days ago


Pakistan’s military establishment biggest business group: UNDP

Pakistan Army Chief General Qamar Javed Bajwa stands before the start of the Pakistan Day parade in Islamabad on March 23. AFP



Pakistan’s military establishment represents the largest conglomerate of business entities in the country, reveals a United Nations Development Programme report called ‘The three Ps of inequality: Power, People, and Policy‘.
The report said that Pakistan’s military enjoyed Rs257 billion in privileges in 2017-18 and it is the country’s biggest urban real estate developer and manager, with wide-ranging involvement in the construction of public projects.
The military’s business activities are essentially run through two entities, the Fauji Foundation (FF) and the Army Welfare Trust (AWF), with high net profits and rapid growth.
The military’s Defence Housing Authorities (DHAs) also enjoy significant privileges in terms of federal sales tax exemptions and the earmarking of property tax, which goes solely to cantonment boards.
The report’s biggest takeaway, however, is the damning statistic that Pakistan’s elite – the top 1% of its population – has 9% of the country’s total personal income.
“The average income of high net-worth households is six times the income of an average Pakistani household,” the report said. “Despite this, high net worth individuals evade taxes worth Rs168 billion.”
The report highlighted the stark contrast between the elite rich and powerful and the underprivileged. The extensive study quantified the privileges such tax benefits the country elite and powerful groups such as feudal landowners were attracting.
The poorest 20% of the nation hold 7% of the national income while the richest 20% have 50% of the national income.
The elite also enjoy substantial concessions, such as tax credit provisions which reduce their personal income tax liability, and the separation of taxes into different types of income (from securities, shares, and bank deposits, etc.) reduces the progressivity of the tax system.
Progressive taxation is a tax system in which tax increases with an increase in income. For instance, if a person pays 10% in income tax on Rs100,000 of their income then another person with a higher income, say Rs200,000,. will be paying higher than 10%.
“Overall, in 2017–2018, high net worth individuals in Pakistan enjoyed privileges totaling Rs368 billion,” it added.
Pakistan’s feudal elite owns nearly quarter of country’s farm area
Pakistan’s feudal elite, which constitute just 1.1% of the country’s population, owns 22% of its farm area, the UNDP report revealed.
“They have disproportionate access to political representation in the National and provincial assemblies, enabling them to safeguard the tax benefits and special concessions they are granted,” the report said.
These benefits include favoured tax treatment for agricultural income and land revenues, low irrigation water charges despite Pakistan’s water-stressed status, preferential access to bank credit, and subsidies for fertilizers and the provision of electricity for tube wells.
“Overall, in 2017–2018, Pakistan’s feudal class enjoyed privileges totaling Rs370 billion,” it added.
Corporate sector enjoys privileges over Rs724 billion
The corporate sector encompasses Pakistan’s growing number of business owners and shareholders. Businesspersons are often members of federal and provincial cabinets.
“Moreover, large associations and embassies protect the interests of multinational corporations that operate in the country,” the report said.
“Overall, the corporate sector benefits from a host of privileges, such as the recent reduction of corporate tax on profits, the withdrawal of the Super Tax (meant for the extremely wealthy), and industry-specific concessions such as lower sales tax rates on production and sales, exorbitant import duties, and more.”
Overall, in 2017–2018, Pakistan’s corporate sector enjoyed privileges totaling Rs724 billion.
How to improve equality: Social movement?
UNDP Assistant Secretary-General Kanni Wignaraja, in an interview to Al Jazeera, says she wishes that there were a strong intent to review things like the current tax and subsidy policies, to look at land and capital access.
Wignaraja said that it will almost need a ‘social movement’ to displace structures of power that are deep-rooted.
In a country like Pakistan, where the military continues to hold power over many aspects of governance, she warned that it would take almost a social movement to displace structures of power that were so entrenched, Al Jazeera quoted her as saying.
“I’m very clear that we can provide the analytics, we can put the impartial story out there and then it is up to the country, both the state and the people to say: ‘Enough, here is how we need to take break up these strongly-held power groups and dynamics in this country.’”

Fauji Foundation and Army Welfare Trust are
1) Created by Army's own money from British Raj's Pension money
2) are for welfare of retired and shaheeds

I dont see anything wrong here... What I see wrong is that they are given exemption.. which they shouldn't be to maintain the competition.. not only them but any institution from Army to Police even Wapda..

And lastly 9% is no surprise neither is it a huge stat.. indian 1% control 73% of indian wealth

Ba
The propaganda is hilarious as the money for fauji foundation came from renumeration of soldiers who fought in WW2. It was very wise of people who thought about investing in business instead of distributing money to individuals. Today, thousands of civilians earn their bread and butter from the same fauji foundation.
Bahi g the OP has problem with everything in Pakistan 😀 from Pakistan’s Islamic ideology to Pakistan’s army 😆
 

Old School

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UN bureaucracy is spreading lies about our patriotic armed forces. UN must look at it's own rotten corrupted bureaucracy which live off the hard earned taxpayers' money from the member states.
 

waz

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Pakistan’s feudal elite owns nearly quarter of country’s farm area
Pakistan’s feudal elite, which constitute just 1.1% of the country’s population, owns 22% of its farm area, the UNDP report revealed.
“They have disproportionate access to political representation in the National and provincial assemblies, enabling them to safeguard the tax benefits and special concessions they are granted,” the report said.
These benefits include favoured tax treatment for agricultural income and land revenues, low irrigation water charges despite Pakistan’s water-stressed status, preferential access to bank credit, and subsidies for fertilizers and the provision of electricity for tube wells.
“Overall, in 2017–2018, Pakistan’s feudal class enjoyed privileges totaling Rs370 billion,” it added.


Shatter the feudal masters and the battle will be almost won. The above is shocking.
 

Thorough Pro

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That comprises of state military enterprises like PAC, AWC, POF, HIT, etc. its not like Generals own these companies.


Pakistan’s military establishment biggest business group: UNDP
Pakistan’s richest 1% hold almost a tenth of its total income


SAMAA | Samaa Money - Posted: Apr 15, 2021 | Last Updated: 2 days ago


Pakistan’s military establishment biggest business group: UNDP

Pakistan Army Chief General Qamar Javed Bajwa stands before the start of the Pakistan Day parade in Islamabad on March 23. AFP



Pakistan’s military establishment represents the largest conglomerate of business entities in the country, reveals a United Nations Development Programme report called ‘The three Ps of inequality: Power, People, and Policy‘.
The report said that Pakistan’s military enjoyed Rs257 billion in privileges in 2017-18 and it is the country’s biggest urban real estate developer and manager, with wide-ranging involvement in the construction of public projects.
The military’s business activities are essentially run through two entities, the Fauji Foundation (FF) and the Army Welfare Trust (AWF), with high net profits and rapid growth.
The military’s Defence Housing Authorities (DHAs) also enjoy significant privileges in terms of federal sales tax exemptions and the earmarking of property tax, which goes solely to cantonment boards.
The report’s biggest takeaway, however, is the damning statistic that Pakistan’s elite – the top 1% of its population – has 9% of the country’s total personal income.
“The average income of high net-worth households is six times the income of an average Pakistani household,” the report said. “Despite this, high net worth individuals evade taxes worth Rs168 billion.”
The report highlighted the stark contrast between the elite rich and powerful and the underprivileged. The extensive study quantified the privileges such tax benefits the country elite and powerful groups such as feudal landowners were attracting.
The poorest 20% of the nation hold 7% of the national income while the richest 20% have 50% of the national income.
The elite also enjoy substantial concessions, such as tax credit provisions which reduce their personal income tax liability, and the separation of taxes into different types of income (from securities, shares, and bank deposits, etc.) reduces the progressivity of the tax system.
Progressive taxation is a tax system in which tax increases with an increase in income. For instance, if a person pays 10% in income tax on Rs100,000 of their income then another person with a higher income, say Rs200,000,. will be paying higher than 10%.
“Overall, in 2017–2018, high net worth individuals in Pakistan enjoyed privileges totaling Rs368 billion,” it added.
Pakistan’s feudal elite owns nearly quarter of country’s farm area
Pakistan’s feudal elite, which constitute just 1.1% of the country’s population, owns 22% of its farm area, the UNDP report revealed.
“They have disproportionate access to political representation in the National and provincial assemblies, enabling them to safeguard the tax benefits and special concessions they are granted,” the report said.
These benefits include favoured tax treatment for agricultural income and land revenues, low irrigation water charges despite Pakistan’s water-stressed status, preferential access to bank credit, and subsidies for fertilizers and the provision of electricity for tube wells.
“Overall, in 2017–2018, Pakistan’s feudal class enjoyed privileges totaling Rs370 billion,” it added.
Corporate sector enjoys privileges over Rs724 billion
The corporate sector encompasses Pakistan’s growing number of business owners and shareholders. Businesspersons are often members of federal and provincial cabinets.
“Moreover, large associations and embassies protect the interests of multinational corporations that operate in the country,” the report said.
“Overall, the corporate sector benefits from a host of privileges, such as the recent reduction of corporate tax on profits, the withdrawal of the Super Tax (meant for the extremely wealthy), and industry-specific concessions such as lower sales tax rates on production and sales, exorbitant import duties, and more.”
Overall, in 2017–2018, Pakistan’s corporate sector enjoyed privileges totaling Rs724 billion.
How to improve equality: Social movement?
UNDP Assistant Secretary-General Kanni Wignaraja, in an interview to Al Jazeera, says she wishes that there were a strong intent to review things like the current tax and subsidy policies, to look at land and capital access.
Wignaraja said that it will almost need a ‘social movement’ to displace structures of power that are deep-rooted.
In a country like Pakistan, where the military continues to hold power over many aspects of governance, she warned that it would take almost a social movement to displace structures of power that were so entrenched, Al Jazeera quoted her as saying.
“I’m very clear that we can provide the analytics, we can put the impartial story out there and then it is up to the country, both the state and the people to say: ‘Enough, here is how we need to take break up these strongly-held power groups and dynamics in this country.’”

 

N.Siddiqui

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If it wasn't for the farsightedness, Pakistan army men and para military would have been facing the same ordeal.


 
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shah_123

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Shatter the feudal masters and the battle will be almost won. The above is shocking.
This is well known and you find this shocking in 2021?

and than people say Pakistanis don't pay taxes, it's the rich feudal elite class which doesn't pay taxes, instead they also get big favors from govts ---

and our dear army establishment is no innocent, they are most responsible for the destruction of Pakistani state.
 

N.Siddiqui

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And army men are the citizens of the country Pakistan, not aliens or indians...

There shouldn't be any civilian and military divide, both are Pakistan nationals.

In earlier Islam times, the khalifa e waqt was also the sipah e salaar of the nation.
 

Sine Nomine

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The propaganda is hilarious as the money for fauji foundation came from renumeration of soldiers who fought in WW2. It was very wise of people who thought about investing in business instead of distributing money to individuals. Today, thousands of civilians earn their bread and butter from the same fauji foundation.
Of course that was very wise of them,nation is forever indebted to wisdom of those wise men.
It it wasn't for the farsightedness, Pakistan army men and para military would have been facing the same ordeal.


Please cut this idiotic crap,Pakistani Defence forces are maintained,trained,paid,fed and equipped by Government of Pakistan using TAX it collects from public.
That comprises of state military enterprises like PAC, AWC, POF, HIT, etc. its not like Generals own these companies.
All of above listed entities have been eastablished using Government funds,none of them is part of subject dealing op.
 

GumNaam

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so? it's called the military industrial complex & every powerful nation has its military involved in economics & business one way or another. nothing new.
 

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