Negligence of the DDO then!
Not really, because you as an employee have to go and file for a NTN number. I remember the only reason my dad filed for one a while back was because it was easier to do a wire transfers, and wasnt charged a particular fee they used to charge if you provided a NTN number.
Re: Zardari Resume: Education/From Prison to Zenith of Politics in Pakistan. (merged)
But it is also DDOs responsibility to take the form from the employee. You know what the tax people as they can not get anything from the employees, do not bother much about them. They go after business people as they can get booty from them.
Re: Pakistan's politicians and their "income taxes" (Split from AAZ resume thread)
I am paying taxes and submitting tax returns since 1992 but they never bothered to send an assessement ordre in these 16 years.
Re: Pakistan’s politicians and their “income taxes” (Split from AAZ resume thread)
Is there a way to find out what tax was paid by an individual or politicians/govt-officials at minimum? It would be interesting to find the income tax paid by (during 1985-2007):
Any ideas where I can get this info? 
Re: Pakistan's politicians and their "income taxes" (Split from AAZ resume thread)
Yes some insider in FBR.
But Mo, your initial post stands incorrect. Just because a person isnt on this site, i.e. doesnt have a NTN number does not mean hes not paying tax.
Infact, I remember from the 1997 elections that NS was infact paying tax, though the amount was peanuts compared to what he was making.
Ehstesab, how did you look up Miandad's tax records? Miandad was considered to be one of Pakistan's richest at one time.
Infact, I remember from the 1997 elections that NS was infact paying tax, though the amount was peanuts compared to what he was making.
Well NS was paying taxes till 1999, though as you mentioned peanuts compared to his income, thru cooked books he showed losses in the factories/industries he was in possession of.
Ehstesab, how did you look up Miandad's tax records? Miandad was considered to be one of Pakistan's richest at one time.
I didn't get this info from this website, this is from my memory of articles published in newspapers back in 90s. I don't think he was "richest" when he paid that much income tax, but probably he was making good money those days so he paid taxes accordingly unlike Nawaz/Bibi who barely paid taxes.
No published records/journal? 
Well NS was paying taxes till 1999, though as you mentioned peanuts compared to his income, thru cooked books he showed losses in the factories/industries he was in possession of.
I just remember, that in the 1997 elections, Imran got copies of the tax paperwork by both BB and NS. I was just making the point that not every tax payer in the country has a NTN. Infact, I bet a very small percentage goes.
[quote]
I didn't get this info from this website, this is from my memory of articles published in newspapers back in 90s. I don't think he was "richest" when he paid that much income tax, but probably he was making good money those days so he paid taxes accordingly unlike Nawaz/Bibi who barely paid taxes.
[/quote]
I wonder where he got all that money from. I remember he bought this large ice cream chain all over karachi, and some resident got a court order against one of the locations, and he paid 1 crore just to shut him up, without any problems, as a settlement fee.
But Mo, your initial post stands incorrect. Just because a person isnt on this site, i.e. doesnt have a NTN number does not mean hes not paying tax.
Infact, I remember from the 1997 elections that NS was infact paying tax, though the amount was peanuts compared to what he was making.
Ehstesab, how did you look up Miandad's tax records? Miandad was considered to be one of Pakistan's richest at one time.
I do not think so its the case. NS is not an ordinary person. He should have NTN and he is a company director. The only possible reason he does not have one is explained by me above.
Re: Pakistan's politicians and their "income taxes" (Split from AAZ resume thread)
Dont know about the taxes much but main nai wo jokes book parhee hai jis ko loog "Asset Declarations" kehtey hain. As per those documents, many of the Pakistani politicians are so ghareeb that they are almost eligible for receiving Zakat :)
I do not think so its the case. NS is not an ordinary person. He should have NTN and he is a company director. The only possible reason he does not have one is explained by me above.
Alot of established businesses dont have NTNs, and also, I dont think Nawaz's business is in his name, as I dont know about now but before it was all under Abba Jee's name.
I can also tell you the same goes for Kohinoor Mills, who at one time were the richest in Pakistan.
Re: Pakistan's politicians and their "income taxes" (Split from AAZ resume thread)
Nawaz and Shahbaz pay no tax
ISLAMABAD: The billionaire club of the Pakistani politicians, including the deposed prime minister Nawaz Sharif and his brother Shahbaz Sharif, does not pay any tax Despite having declared assets of Rs 676.8 million of the Sharif family, both the brothers filed a zero income tax and deficit wealth tax returns, last year. This very fact motivated donors to force the authorities to publish tax records of all the parliamentarians and senior bureaucrats, which is due now shortly
Out of every 100 persons of this poor country of 140 million people, only one Pakistani is a taxpayer, and the tax to GDP ratio is not more than 10 per cent, against an average of 18 per cent for the third world countries.
Tax evasion is rampant and, generally, everyone who is some one in this country does not like to pay his or her tax. Agriculture sector is the best example. With its 25 per cent share in the gross domestic product of over Rs 3,000 billion, its share in income tax is mere few hundred million rupee. More than 90 per cent members of the electoral Houses, both at the federal and the provincial level, has a feudal and landlord background. So, they use all their powers to stay out of the tax net.
The industrialists used this provision by holding large agricultural farms to hide their taxable incomes. Traders or retailers, known as shutter power, have also been successful by shutting their business down whenever an attempt was made to tax their incomes.
So, it leaves the burden of tax only on the urban salaried class. This constrained revenue outlook forced the policy-makers in initial years of the 90s to introduce deductions at source on various income streams, including interest incomes, rental income, income of exporters, importers, suppliers, contractors, etc, in shape of withholding and presumptive taxes.
Fixed levies were also introduced either on ownership and trading in assets, like property and automobiles, or on consumption of services, like electricity and telephone. After failure of these attempts, another indirect mechanism of surcharges emerged, largely on petroleum products, and more recently on edible oils. Rather than transferring the benefits of falling prices to consumers, the government found it expedient to pick up the difference as a windfall in revenues.
The tax strategy for the fiscal 1998-99, remained weak and non-innovative that forced the multilateral donors to put their foot down by pressing the government to go for the value-added mode of sales tax. Removal of sectoral exemptions from GST, like services, electricity, gas and POL products has to be announced, and the retailers and fixed taxpayers were brought under a turnover tax regime to nab the potential tax evaders.
These measures were generally, revenue-neutral. Some of these measures were, however, revenue-oriented, like increase in gas and furnace oil prices, GST on packed/ branded food items, and introduction of turnover tax on retailers and fixed taxpayers.
During the caretaker regime of Moeen Qureshi, tax records of various leading politicians were leaked to the press. These records showed that majority of the politicians either filed zero income tax statements, or made partly contributions against their huge declared and undeclared assets. Benazir Bhutto, Farooq Leghari and others were also mentioned in such news reports.
The 11-member family of Mian Muhammad Nawaz Sharif holds a gross wealth of Rs 676.8 million (declared in tax returns). However, Nawaz and Shahbaz paid no income tax or wealth tax to the national exchequer.
Following the modern tradition of large industrial houses, the family of Nawaz Sharif also owns large agricultural farms. Nawaz Sharif himself owns two pieces of land at the Raiwind Road and Mandiali (Sheikhupura), containing 212 Produce Index Units (PIUs).
According to the tax statements of June 30, 1998, total income tax paid by the 11-member Sharif family was just Rs 0.25 million. The family also paid Rs 0.55 million as wealth tax and 0.13 million as agriculture tax raising the total tax payment of the family to Rs 0.94 million. This amount is just a peanut, keeping in view their business empire that actually runs into many billions.
The tax statements declared majority of the industrial concerns in losses and the income tax was computed largely on the salary paid to the directors of the group or on the dividend paid by Chaudhry Sugar Mills. The total income tax, wealth tax and agriculture tax paid by the family, with a gross worth of Rs 676.8 million, was just Rs 0.94 million or a little above 0.1 per cent of the total declared asset value of the family.
The 11-member family includes Mian Muhammad Sharif, Mrs Shamim Akhtar, Mian Muhammad Nawaz Sharif, Mrs Kulsoom Nawaz Sharif, Hussain Nawaz, Hassan Nawaz, Mian Shahbaz Sharif, Mrs Nusrat Shahbaz, Hamza Shahbaz, Mian Abbas Sharif and Mrs Sabiha Abbas. Majority of the assets were in the name of elders, minors and wives of the Sharifs.
The factories declared by the Sharif family show losses. These industrial units, as shown in the various tax returns include Chaudhry Sugar Mills, Ramzan Sugar Mills Ltd, Mehran Ramzan Textile Mills Ltd, Muhammad Baksh Textile Mills, Hamza Spinning Mills, Hudabiya Paper Mills, Hudabiya Engg (Pvt) Ltd, Hamza Board Mills, Kulsoom Textile Mills, Ittefaq Brothers (Pvt) Ltd, Ilyas Enterprises (Pvt) Ltd, Brothers Steel Ltd, Ittefaq Sugar Mills, Khalid Siraj Textile Industries, Ramzan Baksh Textile Mills, Ittefaq Textile Mills, Brothers Textile Mills, Ittefaq Foundries, Khalid Siraj Industries, Barkat Textile Mills, Abdul Aziz Textile Mills, Brothers Sugar Mills and Effective (Pvt) Ltd.
According to the documentary evidence, the deposed prime minister, Muhammad Nawaz Sharif with national tax number (NTN) has declared his income tax liability as 'nil' on June 30, 1998. His total net wealth (as declared) was Rs 2.1 million and total admissible debts were shown at Rs 6.4 million. So his net wealth, according to the tax statement (assets minus admissible debts), would go into deficit.
The income tax liability of Mrs Kulsoom Nawaz was also shown as 'nil'. However, she declared a small amount of eight thousand rupee as tax on dividend from Chaudhry Sugar Mills where she had declared to hold 4,000 shares. The net asset value of Mrs Nawaz was shown at Rs 3.98 million. However, her net wealth was computed at Rs 32 thousand after adjusting admissible loans of Rs 3.95 million. So, she paid Rs 178 only as wealth tax for the year ending June 30, 1998.
The tax return of Mian Shahbaz Sharif shows one thousand rupee tax deducted on dividend received by him from Chaudhry Sugar Mills. He had declared to have 5,000 shares of the unit. Mian Shahbaz also filed a deficit tax return of Rs 4.5 million.
The Big Sharif-Mian Muhammad Sharif declared to have shares of Chaudhry Sugar Mills. Mian Sharif had paid Rs 50102 as his income liability. Father of the prime minister paid Rs 1.96 lac as wealth tax. He also owns 2834 PIUs agricultural land at Feroze Watoan Sheikhupura and Lahore. Mother of the prime minister also paid Rs 60 thousand income tax. She announced to have 18174 PIUs agricultural land in the rural area of Lahore. She paid Rs 131 thousand as agriculture income tax.
SOURCE: Jang-Group October 17, 1999, Karachi
Re: Pakistan's politicians and their "income taxes" (Split from AAZ resume thread)
^ I dont think that can be true because as an MNA in 1996-1997 you draw a hefty income from the Govt, and you cant report any less because the Govt knows what it is.