And Assets of Imran Khan are...

[kakaballi]

Re: And Assets of Imran Khan are…

@hanibal

Thats why i said in OP that, how should one need to declare their assets? means declaring for the sake of declaring them or in the true spirit, all the parliamentarians have to declare their assets and all of them have declared it in same way IK have did…

Now about the gift law, it is called Hiba, wonder who have gifted such expensive land to IK, as per Hiba ( again to my knowledge) a blood relative or wife or state can do it. Now if wife have done it, then i don’t need to say no more on this, if state have done it then again, state can do it for certain cause only..

as i have already stated in the OP, if the declaration of assets is for the sake of declaration only then all the parliamentarians are doing it and that is annually.. it have not stopped corruption??? or did it??? if one is asking to declare assets then he should first practice what he preaches.. otherwise the way IK have declared assets, all parliamentarians are doing it…

Strange.

Could you read my post? The wealth statement with Income Tax return in Pakistan gives details of assets AT COST, not at market value as the Dawn people are trying to imply. Yes, even the cost seems low, unless that land was purchased 30-40 years ago.

Anyone can gift anything to another person. Doesn’t have to be Hiba. That only comes in when you ‘hiba’ something to someone in your will. I can give you anything as a gift, and if you pay (one time) income tax on it, your wealth statement would still show it at zero cost.

Not defending IK here, there does seem inconsistency here but please don’t confuse two separate things. The wealth statement with income tax return is NOT A DECLARATION OF ASSETS at market value.

At least he paid some tax, which still makes him a better candidate than most of the others.