Only 900,000 people pay taxes in Pakistan: Mandviwalla

[UmarJustice]

Finance Minister Saleem Mandviwalla said on Saturday around 1.5 million people have the national tax number (NTN) out of which only 0.9 million pay their taxes.

According to a private TV channel, the minister, while talking about terminating the requirement of NTN while purchasing a car, said this would not affect the tax collections negatively because people were issued NTN while purchasing a new car but they destroyed it afterwards.

He said the Finance Ministry was reviewing the flat rates of agricultural tube-wells and if they were approved, then the subsidies would be allocated promptly.

About the new budget, Mandviwalla said the federal budget for the upcoming financial year 2013-14 would be prepared by the new government not the caretaker set-up.

If the new national assembly and the elected government came into before the elections, then they would prepare and present the next budget; otherwise, the caretaker government would prepare it and the interim cabinet would give it a temporary ascent whilst its upholding and implementation would be subjected to the final approval of the elected parliament that would come into power after the elections.

Only 900,000 pay taxes: Mandviwalla | The Nation

 

[OrionHunter]

Finance Minister Saleem Mandviwalla said on Saturday around 1.5 million people have the national tax number (NTN) out of which only 0.9 million pay their taxes.

According to a private TV channel, the minister, while talking about terminating the requirement of NTN while purchasing a car, said this would not affect the tax collections negatively because people were issued NTN while purchasing a new car but they destroyed it afterwards.

He said the Finance Ministry was reviewing the flat rates of agricultural tube-wells and if they were approved, then the subsidies would be allocated promptly.

About the new budget, Mandviwalla said the federal budget for the upcoming financial year 2013-14 would be prepared by the new government not the caretaker set-up.

If the new national assembly and the elected government came into before the elections, then they would prepare and present the next budget; otherwise, the caretaker government would prepare it and the interim cabinet would give it a temporary ascent whilst its upholding and implementation would be subjected to the final approval of the elected parliament that would come into power after the elections.

Only 900,000 pay taxes: Mandviwalla | The Nation

Question to UmarJustice:

How about you? Do YOU pay your taxes?

 

[UmarJustice]

Question to UmarJustice:

How about you? Do YOU pay your taxes?

No, i don't pay taxes. I am a student. What about you?

 

[fatman17]

Finance Minister Saleem Mandviwalla said on Saturday around 1.5 million people have the national tax number (NTN) out of which only 0.9 million pay their taxes.

According to a private TV channel, the minister, while talking about terminating the requirement of NTN while purchasing a car, said this would not affect the tax collections negatively because people were issued NTN while purchasing a new car but they destroyed it afterwards.

He said the Finance Ministry was reviewing the flat rates of agricultural tube-wells and if they were approved, then the subsidies would be allocated promptly.

About the new budget, Mandviwalla said the federal budget for the upcoming financial year 2013-14 would be prepared by the new government not the caretaker set-up.

If the new national assembly and the elected government came into before the elections, then they would prepare and present the next budget; otherwise, the caretaker government would prepare it and the interim cabinet would give it a temporary ascent whilst its upholding and implementation would be subjected to the final approval of the elected parliament that would come into power after the elections.

Only 900,000 pay taxes: Mandviwalla | The Nation

so what does our intrepid Fin.M plans to do about it? - the last Fin.M paid NIL income-tax - what about you Mr. mandviwalla?

 

[OrionHunter]

No, i don't pay taxes. I am a student. What about you?

Ooops! Sorry, wrong number! And yes, I pay taxes which screws the crap out of me! 30% goes to the government coffers!! Jeeez! That really sucks but then, that's one way to serve the country by contributing your share for its development!

Cheers!

 

[Bobby]

No, i don't pay taxes. I am a student. What about you?

He has better probability of paying taxes..in India, tax payer %age is bigger...

 

[T90TankGuy]

9 lac only? why so little number are in the tax bracket? dont you guys have TDS?

 

[somebozo]

IMF and WB exec's reading this are pulling their hair's right now!

 

[AZADPAKISTAN2009]

Utilities - Gas - Electricity - Petrol - School , Hospital Access

Should only be sold to customers , who have NADRA card , and that can verify the person filed a tax return


2 Year Jail for non file of taxes if you reside in Pakistan
Hiding Assets 5 Year Jail Term
Cannot put high value assets under name of a person who is not of age
Joint File of Husband and Wife Assets
Law to seize , property of people who are proven to evade taxes to recover government losses
Tax Branch that exclusively focuses on Politicians - tax recovery(if that law passes parliment)

Transfer of assets to old mother or father, would mean they will have to pay taxes on the property or money , as income



Latoon ke Bhooot batoon se nahi mante


There are no harsh penelties for not paying taxes

However , the tax bracket need to be simple


SALES TAX IS A MUST IN PAKISTAN provided first prices are artificially lowered , and then taxes added to that figure , and then gradual price hikes

Currently the prices must go down .. as they are unrealistically high

 

[KRAIT]

IMF and WB exec's reading this are pulling their hair's right now!

Actually they aren't. It means more time taken by Pakistan to pay back the loans, more interest. They just won't give new loans in big amount.

 

[Subho]

 

[KRAIT]

Well people asking govt. to enforce taxation policies are forgetting the point that the same politicians themselves don't pay taxes.

Leak out the risk of all the people who pay taxes in every region. Let people see who don't pay taxes. Especially the rich ones.

BTW out of 180 million, Just 0.9 million is damn bad figure.

 

[Capt.Popeye]

IMF and WB exec's reading this are pulling their hair's right now!

They could well be doing this:

 

[iPhone]

I think it's a very ill informing news article. When talking about taxation you can't just write a half a page piece. So lets see here, the headline reads, only 900,000 people in Pakistan pay taxes.

Which implies, this is the total number of people out of 180 mil are paying taxes. Common sense dictates Otherwise. There's no way thats possible. Govt automatically takes taxes out of the salaries of employees who have federal and civil service jobs. A quick search showed me the police force in Punjab Pakistan is numbered at 170,000. Then there are the teachers, bankers, postal service, fire dept., doctors, nurses, lawyers, judges, public transportation, and so on and on.

Alone the civil service employee would stand at a conservative figure of five million, Punjab alone. Property owners taxes automatically get deducted from their bank accounts, too on their property. I know cuz i own some property in Pak. Then you have the other provinces. So how is that 0.9 million of total population paying taxes? The finance minister said something about 1.5 million people have tax IDs of which 0.9 are paying taxes, that's almost two third.

But then again this article isn't even about statistics of tax payers. But some car buying program and taxes required for it. And the writer confusing that with something else.

 

[mdcp]

And few hundred steal all tax money, grants and loans etc