Finance Minister Asad Umar's complete speech in National Assembly - 24th September 2018

Wazz

Councller (250+ posts)
Wow what a good speech with proper answers. Looks like shebaz was having a good time.
 

gorgias

Chief Minister (5k+ posts)
میرا تو خیال ہے کہ آج شہباز کو چلو بھر پانی میں ڈوب مرنا چاہیے۔
 

Imran Siddiqi

Minister (2k+ posts)
Yeh Hai Tabdeeli. Minister Assembly mein Aakar Jawab deta Hai.
Ishaq Daar ko Corruption se fursat miltee toh aata na Assembly mein.
 

LovePK-or-LeavePK

Senator (1k+ posts)
Finally Asad Umar starting to do something. I have a suggestion and if there is someone on this forum can covey this to Asad Umar, please do so!

Introduce 20% Inheritance Tax in Pakistan.

When people die they leave billions of assets behind, mostly for the kids to fight over and distribute. Government should collect collect 20% before issuing the death/succession certificates. After all Pakistan is the mother who helped that person become successful and accumulate such wealth in his life. Several states in USA currently have this tax.

Pakistan must tap in to this so we have money to run social welfare programs for Pakistanis.
 

LovePK-or-LeavePK

Senator (1k+ posts)
2nd Suggestion: Introduce 30% Inventory Tax on all businesses in Pakistan

At the end of every year, every business should be asked to calculate their remaining inventory and pay 30% tax to federal government if they want to keep it. It will result in two things: First it will improve tax collection. Secondly, it will discourage ZAKEERA-ANDOZI.

Thirdly, businesses will be forced to sale goods at discounted rates and consumers will get the benefit and total spending will increase also.

US has this system in place and that is the reason most businesses in US put everything on sale because they don't want to keep inventory and pay taxes. As a result you see mass discount which encourage consumers to come out and spend more. Which generate more activity and help improve the economy.
Sales tax collection goes up automatically.
 

hawkinthesky111

Minister (2k+ posts)
Finally Asad Umar starting to do something. I have a suggestion and if there is someone on this forum can covey this to Asad Umar, please do so!

Introduce 20% Inheritance Tax in Pakistan.

When people die they leave billions of assets behind, mostly for the kids to fight over and distribute. Government should collect collect 20% before issuing the death/succession certificates. After all Pakistan is the mother who helped that person become successful and accumulate such wealth in his life. Several states in USA currently have this tax.

Pakistan must tap in to this so we have money to run social welfare programs for Pakistanis.
very wrong suggestion.....
 

LovePK-or-LeavePK

Senator (1k+ posts)
3rd Suggestion: Force all local manufacturers and importers to stop selling goods to non-filer businesses.

All business people will have no other choice but to become filer as their suppliers will stop giving them products. It will hurt at first but then everyone will file taxes and start hiring accountants to keep track of their records.
 

LovePK-or-LeavePK

Senator (1k+ posts)
very wrong suggestion.....

why it is wrong when Pakistan raised you all your life like a mother and gave you opportunity to become successful. Now when you left this world, it is quite fair that part of your success goes to your country. This is what they have implemented in USA. No one has any issue.

Kids get free money anyway. Not like they ever did anything to earn this.
 

hawkinthesky111

Minister (2k+ posts)
why it is wrong when Pakistan raised you all your life like a mother and gave you opportunity to become successful. Now when you left this world, it is quite fair that part of your success goes to your country. This is what they have implemented in USA. No one has any issue.

Kids get free money anyway. Not like they ever did anything to earn this.
it is wrong.... state has no part in the inheritance. period...
 

Raaz

(50k+ posts) بابائے فورم
That is not the complete speech .....here is the rest of speech ....please listen it
اسد عمر نے خوب بجائی ہے اسکی آج
جو فورم پر ویڈیو لگائی ہے وہ آدھی ہے
بعد میں اور زیادہ مٹی پلید کی گئی ہے


اسد امر بہت اچھا بولا اور شہباز شریف اور نواز شریف کی خوب بجائی
پٹواریوں کے ہندو باپ مودی کی بھی خوب بجائی
لیکن بہت اچھے اور سلجھے ہوے طریقے سے

Screen_Shot_2018-09-24_at_6.31.57_PM.png

دیکھ لو شہباز شریف ہنس بھی رہا ہے اس پر

 

Wake up Pak

Prime Minister (20k+ posts)
Today Asad Umar nailed Shahbash Sharif in National assembly, Fawad Choudhry nailed Indian journalist and Arif Jatoi nailed PPP Asif Zardari in Sindh assembly.
Great day!! This is what you get when you have a patriotic and courageous leader like Imran Khan.