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lol..... you banned again ....Worqas posted it all on his twitter.
Soor of the Night nowhere to be seen. Probably too busy touching his own children.
so all free........... goodI dont get it, whats so explosive about this report??
- Gifts valued above Rs. 10,000/- may be allowed to be retained by the recipient on payment of 20% of the value exceeding the basic exemption of Rs.10,000/-.
- Gifts valued at Rs. 1.0 million or more shall not be retained by the recipient, except the President and the Head of the Government. However the recipient of gift comprising distinct articles but gifted in a single transaction having collective value of Rs. 1.0 million or more shall have an option to retain any article(s) upto the collective value of less than Rs. 1.0 million only subject to the condition that part of an article will not be allowed to be taken. This exemption shall however not be available in case of antiques and gifts of intrinsic historical value.
This second list , first one already accidentally released by govt few months ago ..... lollllSome of the items have been so grossly undervalued and then a 20% applied on it. To top it off no tax returns filed on the items they sold.
This is so wrong.
If you declare a certain item at a market value and then apply the 20% rule to purchase it, file tax returns, then its legal.
They will never say a word about there leaders' highway robberies...Where are the two geniuses who keep posting their daily manta of toshakhana toshakhana every day here on this forum? Aka @FOOLS_NIGHTMARE @muhammadhafeezmalik