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PM’s Adviser on Finance Dr Hafeez Shaikh - FBR has collected the HIGHEST amount of INCOME tax from KARACHI

PaklovesTurkiye

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Azfar-ul-Ashfaque Updated 20 Sep 2020




KARACHI: The Federal Board of Revenue has collected the highest amount of income tax — more than Rs 425 billion — from Karachi in 2018, data released by the government in the sixth tax directory of parliamentarians said.

The tax directory, which also contained the share of provinces as well as major cities and their markets, was released by the Prime Minister’s Adviser on Finance Dr Hafeez Shaikh in Islamabad on Friday.

According to the data collected by the FBR on the basis of income tax returns filed by salaried and non-salaried individuals, companies as well as Association of Persons (AOPs), the government had collected Rs209bn from Karachi alone followed by Rs204bn from Islamabad and Rs180bn from Lahore in the financial year ending June 30, 2018.

The income tax collected from Karachi’s five districts — Central, East, West, South and Malir — is mentioned under separate heads.

It said Rs114bn tax was collected from Karachi-South; Rs34.09bn from Karachi-East; Rs29.97bn from Malir district, Rs28.89bn from Karachi-West and Rs9.05bn was collected from Karachi-Central in the head of income tax.

Former senior bureaucrat and tax consultant Dr Shahab Imam told Dawn that the FBR released data of only income tax and it “does not include all federal taxes including sales tax, customs and federal excise duties, etc”.

He said that the amount of income tax collected from Karachi was much higher if the amount received from all city districts was added into the main tally.

The tax collected from other two provincial capitals — Peshawar and Quetta — was Rs13.63bn and Rs10.05bn, respectively.

The share of Rawalpindi, Faisalabad and Multan in the tax collection was Rs35.17bn, Rs16.26bn and Rs12.77bn.

Collection from major Sindh cities

The FBR data said Sindh topped the list of provinces/regions that contributed highest share of income tax — 44.91 per cent — followed by Punjab (34.99pc), Islamabad Capital Territory (14.77pc), Khyber Pakhtunkhwa (3.54pc), Balochistan (1.67pc) and Gilgit-Baltistan (0.12pc).

The authorities had collected Rs3.57bn from Sukkur, Rs99m from New Sukkur while the share of Hyderabad, Hyderabad-City and Latifabad was Rs2.5bn, Rs1.5bn and Rs1.02bn.

An amount of Rs1.01bn was collected from Thatta, Rs652 million from Mirpurkhas, Rs573m from Larkana, while a meagre amount of Rs89,406 was collected from Shaheed Benazirabad. However, Rs271m was collected from Nawabshah.

An amount of Rs262m was collected from Badin, Rs91m from Naushahro Feroze, Rs335m from Sanghar, Rs257m from Jacobabad, Rs266m from Tando Adam, Rs133m from Tando Allahyar, Rs173m from Matiari and Rs270m was collected from Tando Mohammad Khan.

Published in Dawn, September 20th, 2020

https://www.dawn.com/news/1580546

You did NOT collect TAX...You collected EXTORTION MONEY !
 

Syed1.

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That is in 2018.... In FY2020 it is even more than 500b, but Lahore deserves Ring Roads, Metro buses and trains, efficient waste collection systems and be beautified. While the workhorse of the country, Karachi, deserves to be dirty, trash filled and flooded even during minor rain.



Thank you establishment.
 

PaklovesTurkiye

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That is in 2018.... In FY2020 it is even more than 500b, but Lahore deserves Ring Roads, Metro buses and trains, efficient waste collection systems and be beautified. While the workhorse of the country, Karachi, deserves to be dirty, trash filled and flooded even during minor rain.

Thank you establishment.
Sindhi Waderas can be easily TAMED. Establishment can do it.

Time will UNMASK all of them very soon, IA.
 

The Accountant

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PaklovesTurkiye

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Lalo khet figure is for sure incorrect probably typo error otherwise all figures seems correct.

Forum is a commercial building so have head offices of some giant companies ... 3.3 billion is correct.

Saddar figure also seems correct probably on lower side
And if you can answer post # 5 :) ??

I have found this gentlemen twitter thread. Seems interesting.


 

The Accountant

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Islamabad needs to declare independence. At mere 0.5% of Pakistan's population this city provide 14% of tax. This is 10 times more by capita population then Karachi and 100 times more compared to Sukkur.
This is because of head offices of the corporate entities like telenor ufone ptcl and many more but they do not generate economic activity.

Now u will argue this is the similar case with karachi. First of all port activities are part of economic activity so any tax generated due to port is from karachi.

For argument sake if u exclude port activities and only compare income tax paid by retail markets, karachi is paying more tax then both karachi and lahore combined.

@PaklovesTurkiye the guys is presenting facts.

@Indus Pakistan do remember similar things were used to be said about bangladesh now they r much better than pakistan. So get out of these baseless comparisions. Have u seen infrastructure karachi? Dare u to live in sadar for a week who is paying much more tax then blue area.
 
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Indus Pakistan

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Now u will argue this is the similar case with karachi.
Yes, I will. You got my point. Tax is collected at a point, a address but the economic activity that was taxed is result of national and in some cases even international economic activity. Meaning there is no reason for those who share that address to swell their testicles. Their is nothing intrinsicly great about them. geo-political economy will be reason.

First of all port activities are part of economic activity so any tax generated due to port is from karachi.
Again the port is not anything intrinsicly great about those living at that address. Karachi was a port even in the British era. In fact the Indus Basin naturally empties into the Arabian Sea. Karachi is a natural corollary of that GEOGRAPHIC FACT. Where was a country of 200 million people going to import and it's entire exports from? Mumbai? Kokatta? Bandar Abbas in Iran?

Karachi's geography simply guaranteed irrespective of aliens, jigh IQ Ashkenazi Jews are or even more enterprising people like @PaklovesTurkiye had migrated there. The port traffic it be noted is generated by 200 million Pakistani's. Somebody in Gilgit wants to export his apricots or somebody in Chitral wants to export Lapis Lazuli it's going to be at Karachi. And no thanks to Mr Palovesturkey. Unless he thinks was he not there it would have been exported from Kolkata. Thus all the economic activity generated as consequence of port which by the way is massive is down to GEOGRAPHY.

only compare income tax paid by retail markets, karachi is paying more tax then both karachi and lahore combined.
Retail markets of themselves do NOT generate wany wealth. As you rightly pointed out Islamabad generates so much tax contingent on national economic activity being through the HQs of companies being based there. But there is also secondary spin off or downstream economic activity contingent to the first. The first being the HQs, port, even airports etc which suck in national economic activity. In Islamabad you will see sector after of fancy houses, fancy car salesrooms, fancy restaurents, fancy foreign import stores or malls like Centaurus. All those sectors have people in very high income brackets because of the jobs they have at first. Meaning government offices, company HQs, international NGOs, embassies, international companies. All those people in high paying jobs as well as army of middled income people shop in those malls, bazaars, buy cars etc. This leads to SECONDARY economic activity. That is why Centaurus Mall is there. Pull all the company HQs out and move the capital to Gwadar and watch what will happen as the lifeforce is sucked out of Islamabad.

Karachi had geography on it's side. Long before 1947 it was a sterling city contingent on it's location. You are free to explore the thread Old Karachi. For instance Karachi Airport was one of most significant airports in British India. All imperial flights from the west landed at Karachi. The impressive British era buildings attest to how geography had destined this city to be entrepot of the entire Indus Basin including Afghanistan and Indian Punjab.

From 1947 onwards being made capital gave the city additional gravitional pull. In early1960s city recieved massive house building for migrant populations. My dad was there and saw that. In Balochistan, Thar Parker the poor kept living in thatched huts but being the capital it recieved massive investment.

When the capital was moved out many large companies continued to headquarter in Karachi. I was in Pakistan recently and was forced to go to Karachi because the bank my family had a account with had it's operational cell in KCH. Ditto PIA and many other national concerns. Whether they make profit or not but they do provide cushy employment to a army of lazy workers who as you wil expect live in Karachi and shop in those high tax paying districts you alluded to.

Finally I get called racist by some esteemed members here. The fact is the same members do not shy from singing songs from top of the Dolmen Tower about how great they are or how exceptional they are compared to all rest of Pakistan. My dad went to Karachi in late 1950s and he tells how Urdu speakers looked at up country people with contempt, be they Pakhtuns or Punjabi as uncouth and village bumpkins.

That air of superiority still carries given the countless threads on how this exceptional community gave to Pakistan. Just to be clear and I don't think I have every said this in unambigious terms. I am of Pakhtun ancestry from Hazara region although many of my family live in Islamabad, Lahore and I even have cousin in Karachi police who I stayed with for few hours before I left for Islamabad.

I tried to ignore this but this forum allowed rampant racism against my people. Using the clever 'Afghan' card to thrash us. Nobody did anything. Most of this came from the Urdu speaking community because of the contested nature of Karachi.

When I began to hit back I was called a "racist" in order to muzzle me. This worked because of the skewed nature of PDF members where people from Karachi have disproportionate representation. For example FATA gas almost as many people as Urdu speakers in Karachi but it has zero presence [almost] on this board. This alludews to the economic advantage enjoyed by Karachiwallahs yet they cry the loudest.

Be it noted over time this skewed presentation which even the media sings to because most of it even is Karaci centri and Urdu speaker dominated will change as rest of Pakistan catches up. I look forward to the day every group in Pakistan get's a shout equal to it's population profie. Be noted that @PaklovesTurkiye community is only about 6%. It needs to act like 6% and not 66%.

Finally as regards their prowess in everything can be seen in India. Where they number in nearly 150 million. The lucky bunch who escaped to Pakistan instead of appreciating the break and opportunities they got instead choose to complain that theyt have been done in b y Pakistan. We only have to listen to their god Altaf who was voted again ang again into power holding federal government and Sind at times.

Contrast that with the favourite target of this community like PTM and Dawar or Achakzai who command a tiny political presence leave and will NEVER hold any position in the government. Yet this community has the gumption to question my peoples patriotism. Our villages including my own contribute young boys for generations to the Pakistan Army who for paltry few thousand rupees sit on the LOC and die while people like @PaklovesTurkiye bloat their amply tummies munching biriani.

Remind this @PaklovesTurkiye when his people ran away from the Hindu hordes in India to take refuge amongst the Sindhi who today they despise my people from the tribal areas went to fight the Hindu in Kashmir and thanks to their sacrifice Pakisatan managed to gain tract of strategic land you call AZAD kashmir today which holds all trhe water resources of Pakistan.

Now I expect @PaklovesTurkiye to raise a ruckus and bring his lynch mob.
 

The Accountant

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Yes, I will. You got my point. Tax is collected at a point, a address but the economic activity that was taxed is result of national and in some cases even international economic activity. Meaning there is no reason for those who share that address to swell their testicles. Their is nothing intrinsicly great about them. geo-political economy will be reason.

Again the port is not anything intrinsicly great about those living at that address. Karachi was a port even in the British era. In fact the Indus Basin naturally empties into the Arabian Sea. Karachi is a natural corollary of that GEOGRAPHIC FACT. Where was a country of 200 million people going to import and it's entire exports from? Mumbai? Kokatta? Bandar Abbas in Iran?

Karachi's geography simply guaranteed irrespective of aliens, jigh IQ Ashkenazi Jews are or even more enterprising people like @PaklovesTurkiye had migrated there. The port traffic it be noted is generated by 200 million Pakistani's. Somebody in Gilgit wants to export his apricots or somebody in Chitral wants to export Lapis Lazuli it's going to be at Karachi. And no thanks to Mr Palovesturkey. Unless he thinks was he not there it would have been exported from Kolkata. Thus all the economic activity generated as consequence of port which by the way is massive is down to GEOGRAPHY.

Retail markets of themselves do NOT generate wany wealth. As you rightly pointed out Islamabad generates so much tax contingent on national economic activity being through the HQs of companies being based there. But there is also secondary spin off or downstream economic activity contingent to the first. The first being the HQs, port, even airports etc which suck in national economic activity. In Islamabad you will see sector after of fancy houses, fancy car salesrooms, fancy restaurents, fancy foreign import stores or malls like Centaurus. All those sectors have people in very high income brackets because of the jobs they have at first. Meaning government offices, company HQs, international NGOs, embassies, international companies. All those people in high paying jobs as well as army of middled income people shop in those malls, bazaars, buy cars etc. This leads to SECONDARY economic activity. That is why Centaurus Mall is there. Pull all the company HQs out and move the capital to Gwadar and watch what will happen as the lifeforce is sucked out of Islamabad.

Karachi had geography on it's side. Long before 1947 it was a sterling city contingent on it's location. You are free to explore the thread Old Karachi. For instance Karachi Airport was one of most significant airports in British India. All imperial flights from the west landed at Karachi. The impressive British era buildings attest to how geography had destined this city to be entrepot of the entire Indus Basin including Afghanistan and Indian Punjab.

From 1947 onwards being made capital gave the city additional gravitional pull. In early1960s city recieved massive house building for migrant populations. My dad was there and saw that. In Balochistan, Thar Parker the poor kept living in thatched huts but being the capital it recieved massive investment.

When the capital was moved out many large companies continued to headquarter in Karachi. I was in Pakistan recently and was forced to go to Karachi because the bank my family had a account with had it's operational cell in KCH. Ditto PIA and many other national concerns. Whether they make profit or not but they do provide cushy employment to a army of lazy workers who as you wil expect live in Karachi and shop in those high tax paying districts you alluded to.

Finally I get called racist by some esteemed members here. The fact is the same members do not shy from singing songs from top of the Dolmen Tower about how great they are or how exceptional they are compared to all rest of Pakistan. My dad went to Karachi in late 1950s and he tells how Urdu speakers looked at up country people with contempt, be they Pakhtuns or Punjabi as uncouth and village bumpkins.

That air of superiority still carries given the countless threads on how this exceptional community gave to Pakistan. Just to be clear and I don't think I have every said this in unambigious terms. I am of Pakhtun ancestry from Hazara region although many of my family live in Islamabad, Lahore and I even have cousin in Karachi police who I stayed with for few hours before I left for Islamabad.

I tried to ignore this but this forum allowed rampant racism against my people. Using the clever 'Afghan' card to thrash us. Nobody did anything. Most of this came from the Urdu speaking community because of the contested nature of Karachi.

When I began to hit back I was called a "racist" in order to muzzle me. This worked because of the skewed nature of PDF members where people from Karachi have disproportionate representation. For example FATA gas almost as many people as Urdu speakers in Karachi but it has zero presence [almost] on this board. This alludews to the economic advantage enjoyed by Karachiwallahs yet they cry the loudest.

Be it noted over time this skewed presentation which even the media sings to because most of it even is Karaci centri and Urdu speaker dominated will change as rest of Pakistan catches up. I look forward to the day every group in Pakistan get's a shout equal to it's population profie. Be noted that @PaklovesTurkiye community is only about 6%. It needs to act like 6% and not 66%.

Finally as regards their prowess in everything can be seen in India. Where they number in nearly 150 million. The lucky bunch who escaped to Pakistan instead of appreciating the break and opportunities they got instead choose to complain that theyt have been done in b y Pakistan. We only have to listen to their god Altaf who was voted again ang again into power holding federal government and Sind at times.

Contrast that with the favourite target of this community like PTM and Dawar or Achakzai who command a tiny political presence leave and will NEVER hold any position in the government. Yet this community has the gumption to question my peoples patriotism. Our villages including my own contribute young boys for generations to the Pakistan Army who for paltry few thousand rupees sit on the LOC and die while people like @PaklovesTurkiye bloat their amply tummies munching biriani.

Remind this @PaklovesTurkiye when his people ran away from the Hindu hordes in India to take refuge amongst the Sindhi who today they despise my people from the tribal areas went to fight the Hindu in Kashmir and thanks to their sacrifice Pakisatan managed to gain tract of strategic land you call AZAD kashmir today which holds all trhe water resources of Pakistan.

Now I expect @PaklovesTurkiye to raise a ruckus and bring his lynch mob.
This is really bad how much hatred u have for urdu speaking community.

While u dont live here. U dont know the people the place the challenges they r facing still so much hatred.

Anyways u r beyond reason as the points u make are for self praise only ... No one need certificate of patriotisim for anyone.

I can also raise alot of problems within pakhtoon society but this mud throwing is not going to get us anywhere and we need to grow up and look beyond these ethinicity based division ...

People like u were the reason of Bangladesh. I hope that there r less of people like u on pakhtoon community.
 

Syed1.

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People who have an issue with why Karachi or Urdu speakers have a greater say, should start contributing as much to the economy as Karachi does then they will earn the right to bark.
 

Kabira

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420b is still 10% of Pakistan overall revenue. But expect altafist terrorists to ignore Islamabad 204b, about half of Karachi tax collection while 10-15 times less population.

Hint, its companies and HQ paying them who operate all over Pakistan. Islamabad GDP isnt anywhere near Karachi. And Karachi GDP isnt 50% of Pakistan, its 20%.
 

Baby Leone

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That is in 2018.... In FY2020 it is even more than 500b, but Lahore deserves Ring Roads, Metro buses and trains, efficient waste collection systems and be beautified. While the workhorse of the country, Karachi, deserves to be dirty, trash filled and flooded even during minor rain.



Thank you establishment.
plus one visit per week by PMIK.
 
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newb3e

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boys must be happy more money into pockets of their beloved minion Zardari and eventually to them!
 

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