Govt to impose 30% on IT Exports & Services

[TheDarkKnight]

Looks like PMLN is taking revenge from PTI voters now as we all know most of the educated lot is PTI support base ( which are referred to as Youthias and Burgers). Their vote base is not impacted.

 

[Bilal Khan (Quwa)]

Looks like PMLN is taking revenge from PTI voters now as we all know most of the educated lot is PTI support base ( which are referred to as Youthias and Burgers). The dangars are not impacted.

IMO this is a good explanation.

 

[Zee-shaun]

I don't want to be the devil's advocate here but Imho online services don't get tax exemption anywhere in the world unless they're part of some special tax free zone scheme.

Some of the top online influencers in Pakistan (tiktok, insta and youtube etc) earn more than pkr2.5 million per month without paying a single penny in tax.

Just saying..

 

[Kompromat]

Did Modi demand it?

 

[AZ1]

https://twitter.com/x/status/1534104971406364672

I don't want to be the devil's advocate here but Imho online services don't get tax exemption anywhere in the world unless they're part of some special tax free zone scheme.

Some of the top online influencers in Pakistan (tiktok, insta and youtube etc) earn more than pkr2.5 million per month without paying a single penny in tax.

Just saying..

You are wrong, all freelancers, online earner already paying 2%.

Why would anyone bring dollars in the country?

so a person earning by his own, bringing dollar, earning 100,000 out of which 30,000 will go to govt, 5-20% to others means what will remain? How IT industry will compete and at the same time have profit?

 

[Hyde]

To expand the IT industry, we must keep it free and subsidise the IT equipment and here the government is imposing tax on it.

They seem to be on suicide mission

 

[TheDarkKnight]

I don't want to be the devil's advocate here but Imho online services don't get tax exemption anywhere in the world unless they're part of some special tax free zone scheme.

Some of the top online influencers in Pakistan (tiktok, insta and youtube etc) earn more than pkr2.5 million per month without paying a single penny in tax.

Just saying..

Online influencers are just a handful compared to our growing IT and Software professionals. IT industry is cash cow for economy which requires low material input (hence imports) and high $ inflows. IT has to compete with behemoths like Indian companies- instead of incentivizing this cash cow, the dangars are making them less competitive with a 30% tax hike - why not impose the same tax on shop owners, traders and landlords… oh wait thats PMLN and PPP base.

 

[AZ1]

https://twitter.com/x/status/1534197243204587520

 

[Pak Nationalist]

Experienced team LMAO

Experienced in fucking the country.

Do bother reading P@SHA's report on the previous government's f*cking the IT sector. https://www.dawn.com/news/amp/1693193

 

[Path-Finder]

https://twitter.com/x/status/1534019890411094017

 

[AZ1]

Do bother reading P@SHA's report on the previous government's f*cking the IT sector. https://www.dawn.com/news/amp/1693193

This is because people didnt bring dollars in country for last 1-2 month. They hold it due to this govt and hate this govt. Even RDA Roshan Digital account is having 23% low

روشن ڈیجیٹل اکاؤنٹ میں رقم کی آمد اور سرمایہ کاری میں کمی

مئی 2022 میں روشن ڈیجیٹل اکاونٹ کے تحت بیرون ملک مقیم پاکستانیوں نے نیا پاکستان سرٹیفیکیٹ کے تحت 8 کروڑ 60 لاکھ ڈالرز کی سرمایہ کاری کی جو کہ گزشتہ 18 ماہ میں کم ترین سرمایہ کاری ہے۔ گزشتہ سال مئی میں 14 کروڑ سے زائد کی سرمایہ کاری ریکارڈ کی گئی تھی۔

www.urdunews.com

 

[Sinnerman108]

https://twitter.com/x/status/1534045263362400262

If its happen I dont know we would be short of billions next years we are already short from $3.5 billion to $2.5 billion and this tax will reduce our IT industry.

I am not against taxing this revenue stream, but 30% freaking percent is just suicide,
Something to the tune of 5% would have been more reasonable.

 

[bananarepublic]

These are speculations until official but generating revenue from IT exports, petrol, GST, automotives is the easiest way for governments to literally do nothing and still get a lot in return. But khair when there's a will there's a way. No way I would let this or even IK government take my earnings my literally providing nothing in return. 20% Upwork and Fiverr lete hai because they connect buyer and seller or government?

If you think IT workers are going to let some uncles in the finance minister tax their income just like that then you're dead *** wrong.
The government is just going to push them towards the undocumented economy, good luck document IT workers who know every modes of tax evasion.

 

[Pak Nationalist]

This is because people didnt bring dollars in country for last 1-2 month. They hold it due to this govt and hate this govt. Even RDA Roshan Digital account is having 23% low

روشن ڈیجیٹل اکاؤنٹ میں رقم کی آمد اور سرمایہ کاری میں کمی

مئی 2022 میں روشن ڈیجیٹل اکاونٹ کے تحت بیرون ملک مقیم پاکستانیوں نے نیا پاکستان سرٹیفیکیٹ کے تحت 8 کروڑ 60 لاکھ ڈالرز کی سرمایہ کاری کی جو کہ گزشتہ 18 ماہ میں کم ترین سرمایہ کاری ہے۔ گزشتہ سال مئی میں 14 کروڑ سے زائد کی سرمایہ کاری ریکارڈ کی گئی تھی۔

www.urdunews.com

People care about the return they get on their investment, not which political party is in power. Would invest in an economy where the hope of securing an IMF deal stands between defaulting and not defaulting? The 125 billion hemerrage the great patriot Khan g inflicted on the national economy breaking the bank like his predecessors have brought us to this stage.

 

[AZ1]

People care about the return they get on their investment, not which political party is in power. Would invest in an economy where the hope of securing an IMF deal stands between defaulting and not defaulting? The 125 billion hemerrage the great patriot Khan g inflicted on the national economy breaking the bank like his predecessors have brought us to this stage.

They have their investment in safe hands in other country as hold. Second if that was the case RDA should increase or remained same it neither is.

PMLN is incompetent as simple as that. under PTI things were better and growing you cant say this is due to previous contract by pti. PMLN can break the contract why they even came in power ? take screen shot of this.

They will keep saying xyz is due to pti.

2013-2018 = Jamhoriyat khatray mai
2022= imran khan imran khan