Maldives seeks Pakistan’s help for tax reforms

[BetterPakistan]

People's Salary is DEDUCTED before Payment if their Salaries Falls into income Tax Slab for Salaried Person and Paid to FBR directly by Company. For Businessmen if they are Registered to FBR and have NTN they would pay Tax because FBR Bribing system isnt like Police or some Patwari type its way other level and Involves Millions at least not thousands and Business men finds Paying Taxes as best option rather then Bribing in most cases.

If you ever had any Experience working for a Registered Company or even had experience of Audit Firms you wont be saying that but since all your Qualification is of a Fan boy so nothing Constructive can be expected from you but you can leave this area and go back to Political Forum where you can pull out as many Senseless Argument as you could.

You are a bit mad because you don't know how to deal with a FBR consultant and reduce your income tax. Even companies don't pay their complete income tax then why employs will pay. Your information is very low in this case.

I am gonna ignore you from now because you are not a bid but complete idiot.

 

[Gazi]

You are a bit mad because you don't know how to deal with a FBR consultant and reduce your income tax. Even companies don't pay their complete income tax then why employs will pay. Your information is very low in this case.

I am gonna ignore you from now because you are not a bid but complete idiot.

Those Tax consultants are Charging fees every month or every year for that and for your info they arent part of FBR they are just ACA(Associate Chartered Accountant) members. FBR doesnt provide such Services they issue Objections to the company and those Tax Consultants solve them.

As I said Ignore me already clown is it Impossible for you or you cant live without it.

 

[BetterPakistan]

Those Tax consultants are Charging fees every month or every year for that and for your info they arent part of FBR they are just ACA(Associate Chartered Accountant) members. FBR doesnt provide such Services they issue Objections to the company and those Tax Consultants solve them.

As I said Ignore me already clown is it Impossible for you or you cant live without it.

You ignored from now, joker.

 

[Gazi]

You ignored from now, joker.

Do you have issues???That is reply number 6 for you.

 

[Faiez]

Our Chartered Accountants arent all ICAP their are international Certifications here as well like ACCA, CPA, CIMA etc and they also make a huge bunch of our Chartered Accountants in fact Majority of them because ICAP CA program is much tougher then ACCA program.

yeah, but when I talk of standards, that's ICAP which is our standard, it's not that high compared with ICAEW/ACCA etc...

From my experience, that's just a common myth/misconception.

 

[BetterPakistan]

Do you have issues???That is reply number 6 for you.

ignored

 

[Gazi]

yeah, but when I talk of standards, that's ICAP which is our standard, it's not that high compared with ICAEW/ACCA etc...

From my experience, that's just a common myth/misconception.

ACCA is known for Updating their Curriculum continuously but ICAP wants their members to Complete 4 years of Article ship and those of ACA members learned alot during those 4 years regarding Latest Standards as some of them also gets opportunity in UK even from Big 4s.

 

[Faiez]

ACCA is known for Updating their Curriculum continuously but ICAP wants their members to Complete 4 years of Article ship and those of ACA members learned alot during those 4 years regarding Latest Standards as some of them also gets opportunity in UK even from Big 4s.

3.5yrs btw...

also, the course is too easy and the passing grade (50%) too low.

So to compensate for the easy papers, they use this intensive articleship thing...They should make the papers tougher and reduce these articleship requirements to maybe 1.5yrs or less. ICAP curriculum is also kept upto date according to latest accounting standards and tax laws of pakistan. But the papers are too easy and not challenging enough or comprehensive enough. So they put these guys through 3.5 yrs of hard practise to prepare them.

 

[Capt.Popeye]

Islamabad- Maldives has sought technical help from Pakistan to overhaul its tax infrastructure regime.
According to sources, Maldives Deputy President is arriving here on a two-day visit on February 25 to discuss a range of issues including banking, finance, trade, transportation and tax reforms regime.

The sources said that Pakistan would offer help to Maldives to improve its tax infrastructure on a modern line through information technology.

The sources said that Maldives wanted to bring about drastic changes in its tax infrastructure system to bring it at par with the international standard.

Maldives seeks Pakistan’s help for tax reforms

Maldives is asking the right people for advice. After all, Pakistan has one of the best designed and operational Taxation Regimes in the world...... just ask the IMF about it.
BTW, how much percentage of the population in Pakistan pays its taxes? How much did Mian Nawaz Sharif, his brother and family members pay up in taxes?