'Take full advantage': Prime Minister Imran calls on citizens to declare assets by June 30

[war&peace]

Whats the point of having FBR and other tax collecting agencies when every year govs are running same old Scheme
Until Gov makes a example of those people who are not following the law nothing will really change

Hey both need to run in parallel.

 

[Maxpane]

Danda nahi they need full bamboo.IK is just an party who won last election goona change but those corrupt looting for many years and many more to come as design their own system.In last scheme main collection come from single party who declare 165 billion rupees (1.2 billion dollar ) and paid around just 3 or 4 billion rupee to clear it.Those 165 billion ruppes they dont collect in in year means there is whole system working for many many years

agree

 

[Sugarcane]

1. Make prize bonds digital and link them to CNIC.
2. Make law where consumer banks should be bound to open current account for citizen without minimum balance requirements, and there shouldn't be any charges except cheque book and ATM cards.
3. Make payment terminals duty free and subsidies it to make them cheap.
4. Give tax incentives to telecom companies who complete network coverage across Pakistan in set period, and make data sims and data charges (restricted to payment gateways only) tax free.
5. Make law to where consumer banks should be bound to provide payment terminal services where there shouldn't be any charges on transactions (only minimum fixed monthly charges decided by sate bank to cover operating cost of digital payment services)
6. Introduce 5000, 10000, 50000, 100000 exchange notes which should be used only by banks and financial institutions to settle payments. State bank should track the movement of these exchanges notes.
7. Print more 100, 50, 20, 10 notes.
8. End 500, 1000, 5000 bank notes and ask people to deposit these notes into their bank accounts.
9. Monthly cash withdrawal limit should be set at PKR 15,000

You do above, You will not need to give any amnesty scheme ever.

 

[Path-Finder]

facepalm

 

[Hiraa]

He has a point. But I don’t see this nation following his advice.
Firstly because tax filling is a hassle and second, to much corruption within the core to root it out now.

 

[war&peace]

mr chief marshal , keep thinking with your gun bullet and bombs and it will not get you anywhere

The state has not used the force and prisons in a proper way, if it had, we would be more developed than any country in the region. We have always been soft on corrupt people. Use Chinese style punishments on corrupt people and you will see the system running smoothly.

 

[Verve]

It's the narrative being built. When the crackdown comes and it will, general public won't be fooled by those trying to arrange protests against the government.

Those who do not declare their properties will loose them. That's as simple as it gets.

Already a big part of lawyers are against those threatening to protest against SJC. This will lead to a failed lawyers movement.

Why would the majority who is poor rise against the government when it's confiscating properties of the rich? Narrative, narrative, narrative.

 

[Baburfromsarmarkand]

The real money is made abroad. Expat Pakistanis should pay taxes as long as they carry a dual Nationality or single green passport. Kinda like the US system. You need to declare your income abroad.

If they don't pay. They are banned from ever visiting again. This was very common in the middle ages. Exile.

 

[Syed1.]

I hope on 1st July severe action is taken against those that still have benami accounts and properties. If nothing happens then this scheme is a hogwash like all the schemes by previous governments.

 

[Hakikat ve Hikmet]

Looks like the sticks have already been shown - Sherifs, Zardaris etc....

 

[313ghazi]

The real money is made abroad. Expat Pakistanis should pay taxes as long as they carry a dual Nationality or single green passport. Kinda like the US system. You need to declare your income abroad.

If they don't pay. They are banned from ever visiting again. This was very common in the middle ages. Exile.

In the US system you're expected to pay tax on all foreign income in the USA unless you have already paid it abroad. There is no double taxation. What a ridiculous notion.

 

[Hiraa]

The real money is made abroad. Expat Pakistanis should pay taxes as long as they carry a dual Nationality or single green passport. Kinda like the US system. You need to declare your income abroad.

If they don't pay. They are banned from ever visiting again. This was very common in the middle ages. Exile.

They would happily give up the pakistani nationality, Pakistani passport is among the worst perfoming in the world. Second, why should they pay taxes? What are they getting out of it? Local zpakistanis dont get anything in return and you expect expat pakistanis to pay taxes? After all the remittances they send?

 

[GumNaam]

Looks like the sticks have already been shown - Sherifs, Zardaris etc....

Agreed. these two monkeys don't have it in them to live in a jail cell. they will hock up the cash...guaranteed!

 

[Hakikat ve Hikmet]

Agreed. these two monkeys don't have it in them to live in a jail cell. they will hock up the cash...guaranteed!

I am pretty sure others have taken the clue!!! Many a time many a folk underestimates the power of the State!!! Our Prophet (PBUH) himself established a State....

 

[GumNaam]

In the US system you're expected to pay tax on all foreign income in the USA unless you have already paid it abroad. There is no double taxation. What a ridiculous notion.

negative. I own multiple properties in the u.s. and have declared them AGES ago along with all the closing paperwork to show the money trail. The Government isn't demanding taxes on your foreign assets, just that you have them and earned them the legal way, that's all. If I can do it, so can others.

I am pretty sure others have taken the clue!!! Many a time many a folk underestimates the power of the State!!! Our Prophet (PBUH) himself established a State....

Agreed. Many journalists in the know have said that these people have actually started returning the cash but quietly. The government is also keeping it quiet for some reason, but explains why they are taking their sweet ol' time in finalizing anything with the imf. Lots of unanswered questions but one potential answer that I have heard rumors of in some reliable circles is that with the recovered money, high tech weaponry en mass is being quietly purchased to put the niggas err...I mean neighbors to the east outta their misery once and for all. who knows...