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We are bankrupt and in debt not because we dont have resources ,its because we have scums of the earth ruling pour nation and corruption is integral part of our lifestyles and society. If we just correct our tax system trust me do not need any foreign debt and aid.If the Tax Collection is increased to 12-15% of the GDP, that is close to 8000 billion rupees from the current 4000 billion rupees collected as taxes, than there is no need for any IMF, ADP, Asian Bank bailout and packages, in fact Pakistan will get out of deficit financing and this is very much possible under Imran Khan tenure.
Trust deficit on the corrupt Zardari and Sharif was the main hindrance to collecting higher taxes, and IK can make it happen....he collects about 600 crore or more yearly as charity and people trust him.
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I couldnt understand one thing our total tax collection around 3.5T PKR
If we suppose 2.5B PKR is the highest for one day then for
1month =75B
1Year =900B
Tax collection in 2017-2018= 3300B
things are not adding up.
Either this news is fake or just propaganda or amount is wrong.
I couldnt understand one thing our total tax collection around 3.5T PKR
If we suppose 2.5B PKR is the highest for one day then for
1month =75B
1Year =900B
Tax collection in 2017-2018= 3300B
things are not adding up.
Either this news is fake or just propaganda or amount is wrong.
Sir the total collection includes sales tax and indirect taxes. This high tax collection of 2.6B PKR in single day is direct tax collection by people ( Voluntarily).I couldnt understand one thing our total tax collection around 3.5T PKR
If we suppose 2.5B PKR is the highest for one day then for
1month =75B
1Year =900B
Tax collection in 2017-2018= 3300B
things are not adding up.
Either this news is fake or just propaganda or amount is wrong.