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Of course these people always prefer to stay close with the politicians in the name of friendship or whatever. I personally know a lot of incidents where such thing happened and people in key positions were "bribed" by new cars and expensive trips.For them it costs less to bribe the politicians than to pay out (If the businessman was willing to gift a brand new Mercedes, the cost of his theft must be higher than the theft he committed). But as I said the commitment that the cabinet has shown til now and the resolve of Nawaz Sharif to eradicate corruption will prove to be a firewall. Let's pray that God almighty keep them committed to their cause with honesty.
2- The tax paid on school fee is Adjustable (i.e. if one is a registered tax payer,he can claim this tax back). The purpose of imposing this and tax on vehicles was to tap the sector for unregistered tax payers (i.e. to collect some tax from those people who send their children to expensive schools and buy expensive cars, yet don't pay any taxes).Dear Nusrat sahib,
I am an avid reader of your columns. with reference to your current column regarding Ishaq Dar, I have been consistently following the electronic media over the past few days. And I am finding it amazed that most of the anchors are specifically targeting his decision about higher income tax for high-income class. Even tn today's column, my most favorite journalist (with all respects to you) Talat Hussain sahib specifically targeted the same issue while effectively sidelining the core issues (like sales tax increase etc) As a student of economics, I personally believe that the government has made income tax more progressive. Previously, government used to charge a flat 20% above the income of 2.5 million Rupees. This effectively meant that while tax law made distinction between the poor, middle income, middle to higher income, it didn’t make any distinction between the rich, super rich and ultra rich since everybody with income above 2.5 million was paying flat 20% of their income tax. I hope you would be in a better position to judge the compensation structures of media anchors these days. However, I did have a fair guess as I saw a recruitment ad of a newly opened media group (bol tv) and I wished that I would have the benefits and compensation offered to prospective recruits. Even if I look at the lower benchmark of high income group (i.e 2.5 million), this effectively means around 210000 rupees a month. Now can anybody call this person a “common man”? Consider his salary with a person earning around 15-20 thousand a month (an average earning bracket of common man). If both given an average 10% increase, merely the salary increase of 210000 would be greater than whole salary of common man. If somebody is earning 5 to 6 million a year, what’s wrong if he has to pay around 10% extra? If we look at the low income slabs, the taxation structure is pretty much similar to previous meaning that government hasn’t added any addition burden on common man in reality (except the impact of sales tax). Therefore I would humbly request you to kindly investigate this matter and let the Pakistanis know that how this media mafia is campaigning against taxation and forcing government to take back a good taxation decision
1-I wrote an email to Nusrat Javeed on the very matter. Media anchors are reacting vigorously on this 35% and why are they reacting
2- The tax paid on school fee is Adjustable i.e. if one is a registered tax payer. He can claim this tax back. The purpose of imposing this and tax on vehicles was to tap the sector for unregistered tax payers (i.e. to collect some tax from those people who send their childern to expensive schools and buy expensive cars, yet don't pay any taxes.
FBR considering charging adjustable WHT on school fees | Business Recorder
The point was that there must a message from army that it is on the same page as the government on Balochistan? Or should at least track those who threw those mutilated bodies if Agencies are not involved. It can certainly do that. Silence creates doubts and you cant control those doubts.Yup...as if a ISI Major gets a brainwave one day to pick up some Baloch people randomly and send a message to Dr Malik!!!
The point was that there must a message from army that it is on the same page as the government on Balochistan? Or should at least track those who threw those mutilated bodies if Agencies are not involved. It can certainly do that. Silence creates doubts and you cant control those doubts.