If Pakistan's taxing not brutal enough, basic common sense and logic would say that this a totally different issue and not a fault of an individual. So who are the politicians, policy makers, and departments you should blast if you are not happy with how the tax system is designed in Pakistan?
P.S: Did some people really think that Imran some poor working class chap LOL? I thought it's a common knowledge that homeboy was probably a millionaire by the age of 21? (in case some young naive mind is also reading : no that was not because his grandpa, mummy, daddy, all uncles and aunts were top tier world famous corrupt politicians)
Property is taxed at the rate of valuation which is defined by the government itself. When I pay our house tax in Pakistan, the tax bill that I get from the tax dept clearly states the rate of tax that applies to the locality my house is in, and what the area of my house is. The value of the property is determined by the FBR, not by me. And that valuation is done based on an FBR specific formula, which is incremented every year.
Imagine, if property taxes were charged based on market value, then some billionaire could come in and buy the house next to mine for 50 crore. Would that mean that now my house is worth 50 crore as well, and that I should pay 1 crore as house tax on that, even though Im just a salaried individual, as opposed to the guy who bought my next door house, who is a multi billionaire? Inflation in that case would be 1000% or so.
Secondly, inherited property is usually referred to as gifted property, and the inheritor of what may be an expensive piece of land would not necessarily be in a position to pay taxes on that, which is why there is no taxation on inherited property, as opposed to property that is bought.
In any case, Imran Khan's assets are in the open. Media is free to scrutinize and question them, but its unfair to lump it together with feudal landlords from across the country who grab land from the poor, buy their way into the assemblies, and then draft legislation in order to protect their stolen land by waiving all agricultural tax on themselves.
Let me get this straight. Asif Zardari gets convicted, and yet you call him innocent.
Can you link, which court has convicted him? IK's honesty is obvious when he failed to take up his corrupt ministers. He has highest number of tax cheaters second to N$, what action he has taken against them? Again what happened to his tall promises to eradicate corruption in 90 days? Can you comment on this bs he promised to people before elections?
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IK's honesty is obvious when he failed to take up his corrupt ministers. He has highest number of tax cheaters second to N$, what action he has taken against them?
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KPK is divided into 3 categories. 1)most affected, 2) moderately affected, and 3) least affected (by terrorism and floods). It was the previous govt that granted tax exemption to categories 1 and 2. All of the PTI MPAs named in Umer Cheema's list belong to areas that fall in these categories. As for the salaries they get as MPAs, their tax is deducted at source. The worse they are guilty of is either not having an NTN, or not filing tax returns. Both are wrong, but not the same as tax theft.
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Again what happened to his tall promises to eradicate corruption in 90 days? Can you comment on this bs he promised to people before elections?
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If you can name one corruption scandal in the KPK govt during the past 6 months, Id be grateful. Secondly, RTI law, accountability bill, police reforms and right to services act are all part and parcel of the drive against corruption.
It was overturned on appeal. Once conviction is over turned it just like he was never convicted at all (like having no criminal record).
An overturn verdict prohibits prosecutors from filing the same case again. Whereas this case was set to be reheard. The initial case accused them of taking kickbacks only. However, it was set to be reheard because they added a more serious money laundering charge to it as well. The first case only carried a monetary fine and suspended jail sentence. Whereas money laundering carries definite jail sentence, which is why they were retrying them, before Musharraf came in and bailed them out.
According to the Swiss judge who sentenced them the first time around, "I certainly don't have any doubts about the judgments I handed down [which] came after an investigation lasting several years, involving thousands of documents," as told to the BBC.