Pakistan Announces 400% Increase in Tax on Payment through Debit/Credit Card

[Azad_ Kashmiri]

Pakistan Announces 400% Increase in Tax on Payment through Debit/Credit Card - Pkrevenue.com

Pakistan has taken a significant step by announcing a whopping 400 percent increase in taxes on payments made through debit or credit cards.

pkrevenue.com

Rather than encouraging credit and debit card use to get rid of the informal and untaxed cash transactions, these dumb motherfckers are just making the country worse for businesses and general population.

@FOOLS_NIGHTMARE @muhammadhafeezmalik

Your beloved Namak Haram masters have done it again

 

[CIA Mole]

I believe this is for international transactions 1 to 5 for filers and 2 to 10% for non filers

 

[_NOBODY_]

I believe this is for international transactions 1 to 5 for filers and 2 to 10% for non filers

This is still ridiculous.

 

[POPEYE-Sailor]

This is grt move by govt to pormote more cash transcation. IDK why pak naseeb is like shit, around the world countires promote digital pay, Here in PAK all system are shit n remain shit.

 

[FOOLS_NIGHTMARE]

Pakistan's massive tax evasion requires an immediate fix using data and technology.

 

[HAIDER]

Pakistan's massive tax evasion requires an immediate fix using data and technology.
View attachment 942724

we ll this govt recently stopped Super Tax on big corporations... investment and educated class flying away from Pakistan. ... chacha ji tell me best place in London for Fish and chips...

 

[FOOLS_NIGHTMARE]

پاکستان نے بیرون ملک کریڈٹ، ڈیبٹ کارڈ پر ٹیکس 400 فیصد بڑھا دیا​

پاکستان نے بیرون ملک کریڈٹ، ڈیبٹ کارڈ پر ٹیکس 400 فیصد بڑھا دیا، جس کا نوٹیفکیشن بھی جاری کردیا گیا۔

نوٹیفکیشن کے مطابق ٹیکس دہندگان کےلیے کریڈیٹ، ڈیبٹ کارڈ پر ٹیکس ایک فیصد سے بڑھ کر 5 فیصد کردیا گیا۔ رجسٹرڈ مگر ٹیکس نہ دینے والے افراد کےلیے کریڈٹ، ڈیبٹ کارڈ پر ٹیکس 2 سے بڑھا کر 10 فیصد کردیا گیا۔
فیڈرل بورڈ آف ریونیو (ایف بی آر) کا کہنا ہے کہ ٹیکس غیر رہائشی پاکستانیوں کی طرف سے بیرون ملک بڑی رقم کی منتقلی کے باعث بڑھایا گیا۔

ذرائع ایف بی آر کا کہنا ہے کہ کریڈٹ، ڈیبٹ کارڈ پر ٹیکس کی شرح غیر ملکی سرمائے کی بیرون ملک منتقلی روکنے کےلیے بڑھائی۔

پاکستان نے بیرون ملک کریڈٹ، ڈیبٹ کارڈ پر ٹیکس 400 فیصد بڑھا دیا

ذرائع ایف بی آر کا کہنا ہے کہ کریڈٹ، ڈیبٹ کارڈ پر ٹیکس کی شرح غیر ملکی سرمائے کی بیرون ملک منتقلی روکنے کیلئے بڑھائی۔

jang.com.pk

 

[Olympus81]

Good move to promote cash transactions.

 

[Cheepek]

Most of the economy is already undocumented, so it won't have much impact on Pakistanis.

 

[CIA Mole]

idk why u guys want more tax enforcement

the key is reducing govt spending

 

[Ahmadbhutta01]

Most of the economy is already undocumented, so it won't have much impact on Pakistanis.

I make every single payment through online banking :/ I don't carry cash anymore

 

[Azad_ Kashmiri]

Pakistan's massive tax evasion requires an immediate fix using data and technology.
View attachment 942724

Yeah like Luton Mr Fish seller

 

[TheSolution]

What tf is the logic behind this?

 

[Mrc]

What tf is the logic behind this?

Out flow of dollars. It's on overseas payments only

 

[Skull and Bones]

Most of the economy is already undocumented, so it won't have much impact on Pakistanis.

This is a blessing in disguise, ask @Hakikat ve Hikmet on the importance of undocumented economy.