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Karachi contributes 70% of the Pakistan's revenue and that's a shame to other cities as it holds only 10% of the total population. In the early days of my career i wanted to prove this was a wrong statement as i was confident that other cities also contributed more because of population. I was working in a bank at that time and was surprised to know that the simple tax on profit on debt which is withheld at the profits given to account holders of Pakistan was way lower in other parts of Pakistan compared to Pakistan with branches having an equal deposit base. on my inquiries i got to know that its easy to get an exemption certificate in Punjab by showing that one is involved in agriculture business. therefore people with businesses in trade sector avoided the tax by obtaining the same. and thts a shame.
 
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Karachi contributes 70% of the Pakistan's revenue and that's a shame to other cities as it holds only 10% of the total population. In the early days of my career i wanted to prove this was a wrong statement as i was confident that other cities also contributed more because of population. I was working in a bank at that time and was surprised to know that the simple tax on profit on debt which is withheld at the profits given to account holders of Pakistan was way lower in other parts of Pakistan compared to Pakistan with branches having an equal deposit base. on my inquiries i got to know that its easy to get an exemption certificate in Punjab by showing that one is involved in agriculture business. therefore people with businesses in trade sector avoided the tax by obtaining the same. and thts a shame.

I was under the impression that this is because the head offices of many big corporations are in Karachi. So when time comes to pay taxes, tax receipts for these corporations fall under Karachi's domain even though their business is spread all over the country. This meant that on paper Karachi contributed such a huge amount to revenue even though this revenue is generated across the country. Is this not true?
 
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Here comes the retard who dont seem to be pertubed by target killers and weapons caught ? So what if it is hand held camera, LEA uses such cameras all around the world to record evidences. What seems so wrong about this ?

And all the accusations on Rangers are mere figment of your imagination

Illegal water hydrants - The Express Tribune

An effective strategy?: Rangers take charge of crackdown against illegal water hydrants - The Express Tribune

And last but not the least who took MQM haqiqi Afaq ahmed back in to his fold ? Rangers of Altaf hussain ?
hey jack*** im the retard that contributes more then a million in Pakistan revenue stream in taxes directly from my income annually. I have lived in this city for more then 30 years. I have experienced rangers control over hydrants. the main behind Dawood Engineering College in PECHS. Search Gulshan E Mehran that was encroached by Rangers.
Rangers have been here for more then 25 years. the weapons and drugs supplied were under there watch and if not then they are really inefficient. Karachi doesnt holds any weapons factory. Mostly the weapons come from Darra crosses KPK , then Punjab/Balochistan then entire Sindh then enter KHI. Where are the bloody LEAs.
The establishment of Pakistan have played with the people of Pakistan since the days of Ayub and have caused irreversible loss to Pakistan. They are the reason we are left with PPP, PML, MQM PTI kind of people and the intellectuals packed their bags and left. The visionaries that created Pakistan were humiliated and eradicated. and replaced with touts that knew only to say yes.
they have played with the public perception through the propaganda factories in every field.
The place to decide MQM guilt is not Khara Such hosted by another tout but the Courts of Pakistan. Enough of the politics of "Interest". The decisions are taken on "Principles" rather then interest for long term success.

I was under the impression that this is because the head offices of many big corporations are in Karachi. So when time comes to pay taxes, tax receipts for these corporations fall under Karachi's domain even though their business is spread all over the country. This meant that on paper Karachi contributed such a huge amount to revenue even though this revenue is generated across the country. Is this not true?
Every branch is suppose to deposit the tax at the local authority. The tax deposited at the HO are the income or sales tax of the organization and not the one contributed by it, thats deposited at the local authorities. There are many organizations that have HO in different places but the culture of Tax Evasion is the real cause of low performance.

I was under the impression that this is because the head offices of many big corporations are in Karachi. So when time comes to pay taxes, tax receipts for these corporations fall under Karachi's domain even though their business is spread all over the country. This meant that on paper Karachi contributed such a huge amount to revenue even though this revenue is generated across the country. Is this not true?
There are factories in Punjab that are bigger then most of the organizations of KHI. I agree with the fact that there should not be any tax on the product of those to keep them competitive in the international market but Income tax is and should be liable to be paid by every individual or organization. Take this example for an instance:
1. a person who is employed in an organization and falls in the minimum tax slab (somewhat around PKR 50,000) is suppose to pay the tax only coz he is employed and law requires him to do so.
2. A trader (who has no input in the agriculture) who have capital buys agriculture stock from farmers (mostly at pennies) and sells it to markets beyond the reach of farmers (metropolitans, international) at a profit but is exempted to pay any taxes by the law just because he is involved in agriculture. even though he might be making millions.
 
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the entire episode and its time line is too dramatic to be true. Seems the real powers want two party system in Pakistan. PTI and PML (N). Right now MQM and later PPP and other fringe powers ( ANP etc) will either be eliminated or forced into submission.
A few months back as per PTI chief Khan and his supporters Nawaz was the biggest enemy and his removal was essential for democracy and good rule in Pakistan. Suddenly the goal post got changed MQM became the most dangerous of them all. @Irfan Baloch what's your opinion sir!
Hi dear

thanks for tagging me although I am novice in this arena
yes this is power play with many dimensions and there is much more that meets te eye
people are asking , its MQM now who is next?

assuming that real powers means the PAKISTANI ESTABLISHMENT

from neutral point of view (as neutral any Indian or Pakistani can be) it seems that establishment (read Pakistan army/ ISI) is rebooting itself. it might like to play in the background and only come in the front to make the finishing move.

you are correct my dear, many top tier parties have something to hide which can be exploited by the establishment ANP just like any other mainstream party mass corruption allegations, has militant wings and execution squads, has had shady dealings with hostile agencies against the state of Pakistan. PPP? yes (recent capture of the super model smuggling money illegally who turned out to be a mule of PPP leadership). in short listing down things that can be used by establishment will require a book but it can be as innocent and inconspicuous as a traffic offence (e.g. US authorities nabbing Al Capone over tax evasion).

that said, (being a devils advocate) NO party will be spared. looking at the track record of Nawaz Sherif, it is certain that he will shoot on his own foot and have himself removed once again, he lacks the ability to think and work logically, (praise to him for massing up billions dollars worth of empire across the globe though) and he does things that just snap the back of the camel and he gets the boot, he appears stunned , confused and clueless and then he does exactly the same thing when he gets the chance (hence he has been kicked out 3 times despite being selected 3 times to come in power). Imran? still volatile and naive but learning fast.

in the end Establishment wont care about the composition or name of the party (it can be a national government / technocrats) it cares about the state of Pakistan and wants to regain the power it lost in the era of docile former army chief
 
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Here comes the retard who dont seem to be pertubed by target killers and weapons caught ? So what if it is hand held camera, LEA uses such cameras all around the world to record evidences. What seems so wrong about this ?

And all the accusations on Rangers are mere figment of your imagination

Illegal water hydrants - The Express Tribune

An effective strategy?: Rangers take charge of crackdown against illegal water hydrants - The Express Tribune

And last but not the least who took MQM haqiqi Afaq ahmed back in to his fold ? Rangers of Altaf hussain ?

and the person who developed Karachi where is he now and why he left MQM ?

And what is the reason karachi is tax paying city ? Since your meager mind can't comprehend the fact that Most of the multi national companies has their HQ in karachi, FBR tax collection HQ is in karachi, Sea port is in karachi. Hence the tax revenue shows uptick in Karachi. Let's see when Gawadar port becomes operational, what happens to the myth of Karachi being the only tax paying city.

MQM is not the reason Karachi .is tax paying city. Do get through your thick head

One more thing, to me the feudals and illiterate leaders of Pakistan are a bigger enemy of the state and bigger threat then these petty target killers, that are putting the generations of Pakistan on ransom and care about their profits and eating Pakistan like termites on steroids. you dont know about tax rules much as it is clear from your statments. FBR is the authority that has offices in every part of the country. It is FBR that collects and releases the statistics regarding tax collected from different parts of country. Not on behalf of KHI. The function of local offices is to regulate and control the tax collection from their respective location. Its not like that tax collected from Lahore can be classified as tax collected from KHI on the fact that the HO of FBR is in KHI. According to that logic KHI will be contributing 100% tax of the country.
Now KHI only had the port. what else did they have? but they have been successful in contributing so much. and even tax collected from there can be claimed as input tax and the onus always have to be borne by the end user. SO..... (MORAL)
Now to the point MQM is the reason. No brother they are not and i dont recall myself of saying so. It is the people of KHI that are the reason of that ratio. and MQM is their representative according to last elections. (rigged or not i dont want to go in the discussion as if they were rigged it was a failure of the authorities and from my experience i do know that MQM has a major representation in the city) Therefore I, being a man of principles, wont fall for these propaganda that have plagued our visions for decades. May be you will learn after gaining some years of experience like i did.
 
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Every branch is suppose to deposit the tax at the local authority. The tax deposited at the HO are the income or sales tax of the organization and not the one contributed by it, thats deposited at the local authorities. There are many organizations that have HO in different places but the culture of Tax Evasion is the real cause of low performance.


There are factories in Punjab that are bigger then most of the organizations of KHI. I agree with the fact that there should not be any tax on the product of those to keep them competitive in the international market but Income tax is and should be liable to be paid by every individual or organization. Take this example for an instance:
1. a person who is employed in an organization and falls in the minimum tax slab (somewhat around PKR 50,000) is suppose to pay the tax only coz he is employed and law requires him to do so.
2. A trader (who has no input in the agriculture) who have capital buys agriculture stock from farmers (mostly at pennies) and sells it to markets beyond the reach of farmers (metropolitans, international) at a profit but is exempted to pay any taxes by the law just because he is involved in agriculture. even though he might be making millions.

Thanks. So lets take an example: Engro Corporation has its businesses spread all across Pakistan. Its head office is in Karachi. Now there are (broadly speaking) three types of taxes they will be collecting:

1) Sales tax collected of products sold
2) Income tax collected on workers wages
3) Corporate Tax on annual profits

Can you please tell me where (in terms of geography) is each of these recorded?
 
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And the person who was appointed by MQM to serve the people of Pakistan and did a magnificent job is with MR, earning a package of 10 Million a month and is responsible for the launch of mega projects in KHI. Its not his fault that Pakistani politicians abolished the LG systems. MR has been at really good terms with MQM since MK joined. It requires a vision and certain capacity to analyze the situation. Please use the thing thats in your skull. . Its called BRAIN

Thanks. So lets take an example: Engro Corporation has its businesses spread all across Pakistan. Its head office is in Karachi. Now there are (broadly speaking) three types of taxes they will be collecting:

1) Sales tax collected of products sold
2) Income tax collected on workers wages
3) Corporate Tax on annual profits

Can you please tell me where (in terms of geography) is each of these recorded?
In Sales Tax the onus lies on the end user. There is output tax and there its adjusted by input tax from purchases. so the liability is of the difference. thts an organizations liability and will be deposited at the location of HO. But the buyer of the good can claim the output tax as its input tax.
The rest of the two are also deposited at the location of HO or HR.
 
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In Sales Tax the onus lies on the end user. There is output tax and there its adjusted by input tax from purchases. so the liability is of the difference. thts an organizations liability and will be deposited at the location of HO. But the buyer of the good can claim the output tax as its input tax.
The rest of the two are also deposited at the location of HO or HR.

So am i right to say that 2 of the above 3 taxes will be recorded in Karachi (for Engro Cooperation) even though the whole country is contributing towards it?
 
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So am i right to say that 2 of the above 3 taxes will be recorded in Karachi (for Engro Cooperation) even though the whole country is contributing towards it?
upto an extent Yes but the tax collected under these sections is not alot. but there are companies like coca cola MCB ABL Toyota Fauji HMB that dont have HO in KHI. its offset by these facts. Main revenue sections dont have demographic limits. and its not the fault of the tax payers that many factories and mills (75% of Pakistan business relates to agriculture) located in other parts of Pakistan do not come under Tax Umbrella. . for example lets suppose:
+ the salary expense of a bank is 2 billion and the average tax rate is 15% so the tax withheld will be 300 million.
+ the taxable deposit base of the same bank is 200 billion and the tax rate is 10% so the tax withheld will be 2 billion.
Also the employees have to file the tax return in their respective locations and will only get certificate from their employer and file the return in their respective region so the Tax source would be that location.

So am i right to say that 2 of the above 3 taxes will be recorded in Karachi (for Engro Cooperation) even though the whole country is contributing towards it?
Believe me Pakistanis have so much money and make so much of it every year to such an extent that if they pay the taxes accordingly Pakistan would be looking to acquire F 35s rather then compromising on JF 17 or used F 16s
 
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upto an extent Yes but the tax collected under these sections is not alot. but there are companies like coca cola MCB ABL Toyota Fauji HMB that dont have HO in KHI. its offset by these facts. Main revenue sections dont have demographic limits. and its not the fault of the tax payers that many factories and mills (75% of Pakistan revenue relates to agriculture) located in other parts of Pakistan do not come under Tax Umbrella. . for example lets suppose:
+ the salary expense of a bank is 2 billion and the average tax rate is 15% so the tax withheld will be 300 million.
+ the taxable deposit base of the same bank is 200 billion and the tax rate is 10% so the tax withheld will be 2 billion.
Also the employees have to file the tax return in their respective locations and will only get certificate from their employer and file the return in their respective region so the Tax source would be that location.

Thanks for explaining. I dont want to deduce which of the cities pay more tax. My intention is to only understand a technical issue.

From what I have understood, such numbers like x% of total revenue collected from a city dont really give any explicit information about the city's contribution towards total revenue. It might be that Karachi's contribution to total revenue is either more or less than the %age of total revenue recorded as being collected from Karachi.

Lets take an extreme example: Lets say that all the Corporations not based in karachi dont pay any tax. Then almost all of the tax revenue will be coming from Karachi. But that doesnt mean Karachi is the source of all that tax. Karachi can only be the source of all that tax if the economic/business activity of all the Karachi based Corporations is confined to Karachi. Ryt?
 
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Thanks for explaining. I dont want to deduce which of the cities pay more tax. My intention is to only understand a technical issue.

From what I have understood, such numbers like x% of total revenue collected from a city dont really give any explicit information about the city's contribution towards total revenue. It might be that Karachi's contribution to total revenue is either more or less than the %age of total revenue recorded as being collected from Karachi.

Lets take an extreme example: Lets say that all the Corporations not based in karachi dont pay any tax. Then almost all of the tax revenue will be coming from Karachi. But that doesnt mean Karachi is the source of all that tax. Karachi can only be the source of all that tax if the economic/business activity of all the Karachi based Corporations is confined to Karachi. Ryt?
You're welcome. Always glad to share my knowledge or understanding with my brothers.

coming to the case the corporate tax will be from the location HO is based hands down. (there is a reason y the HO is located at certain place mostly because of the origin of the majority shareholder). Because it relates to the profits made by the organization irrespective of location so yes your understanding is right here.

In case of withholding tax the Tax source should be the location of the tax payer. if he/she/it files the tax properly. it could be done easily by NTN/ID #.

My point here is that because of our tax laws many companies in KHI have to pay taxes because of the nature of their business where as organizations in other parts enjoy priviliges and get away without paying much. It shows about the customs & tradition of the people and their inclination.
 
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I am sorry, what is the point of mentioning Karachi providing 60 or 70% revenue to Pakistan works in MQMs favour? Or is it that MQM trying to claim that the revenue is because of MQM, in reality it should be other wise. MQM is not the sole representative of urdu speakers as it likes to believe. The utter non-sense of this argument leaves me wondering how these people manage to wakeup every morning and put their pants on, a true wonder indeed.
 
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Array bhai..we aren't talking about google images. We are talking about guns found from MQM headquarters and there is a video of these weapons being found there..and it says "Property of the U.S government" with the official seal of the American government...

That shows you that the weapons found there belonged to the U.S military. That seal can't be faked and commercial firearms don't have it.

You MQM had U.S military weapons in store...



Wrong. See the video. Video clearly shows that target killers went INSIDE MQM's headquarters and then rangers go INSIDE and bring them out.

It can be seen clearly in the video. Why are you denying something so clear?

Neither you have seen the seal of U.S. militry on weapons nor you can recognized target killers ... You can only depend such fact which you have heard from ML ... So get chilled with your delusion :P

Operation is against criminals. If you are a Pakistani, then join the rest of us in pursuing the criminals in our beloved city of Karachi.

I am Pakistan that's why I am not in favor of discriminatory operation ... I want fair operation against criminals ... Not singling out to one .............

Don't blindly defend one party

I am not blind ... PDF is witness that I have been often criticizing to said party ..............

pay attention to message not the messenger
he did not create those recording he is just showing you what was in the cameras and that too in 90 security cams.


I would have been shown you several errors in video if I had able to edit video ... This is manipulated video ......

MQM should take his a$$ to court and ask for a ban on his working as a journalists in the future.


PMLN had tried several times ... What could they do.....??
Even he didn't spare to sitting CJP :what:

the entire episode and its time line is too dramatic to be true. Seems the real powers want two party system in Pakistan. PTI and PML (N). Right now MQM and later PPP and other fringe powers ( ANP etc) will either be eliminated or forced into submission.
A few months back as per PTI chief Khan and his supporters Nawaz was the biggest enemy and his removal was essential for democracy and good rule in Pakistan. Suddenly the goal post got changed MQM became the most dangerous of them all. @Irfan Baloch what's your opinion sir!


Government & establishment have ensured IK to give him Karachi in sole ... One line answer ...........

He may be anything, he may be working for any x,y or z. He may have personal issues with MQM, important thing is content, he is presenting, unfortunately that hasn't been denied by MQM convincingly.


Watch again the content ... You may get your answer if you are unbais ...........
 
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