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Imran Khan's Speech leads to Record Tax Submission In a Single Day

Khan_21

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Tax collection and Bringing back our nations wealth from swiss bank accounts will ensure Pakistan is is no financial crisis.

The ball is in your court now Imran.
 
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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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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.
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.
 
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I hope Imran will also left a legacy behind him which MUsharraf or ZAB couldn't.

i think the change in Common people mind set is something very good and will keep stopping corrupt people from coming into power and keep selecting good people even after Imran Khan.
 
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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.
 
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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.

You are not getting the point, It is talking about Amnesty Scheme
 
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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.

Previous govt PML-N introduced this scheme to whiten the money & the govt + FBR extended the deadline last month..

These taxes are collected from the declaration of assets (liquid or immovable properties) which were not declared previously.. they were not in the tax net before, we're not talking about the regular tax payers...
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I hope I'm not wrong here, If I'm wrong then someone correct me !!
 
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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.
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).
 
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i think people speculate that ik can change tax rates and other laws and income tax may become high so they decided to pay tax for current year with low rates because ik after becoming p.m will end amnesty scheme that is why tax collection increase
 
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