Government Improved Tax Collection In 580 Bn PKR

[Mr. A]

Islamabad: Prime Minister (PM) adviser on finance and revenue Dr Hafeez Shaikh said on Wednesday that PKR 580 billion in revenues were effectively obtained by the state against the goal of PKR 644 billion, said in a news.

During a press conference in Islamabad, he articulated his opinions on the subject. The meeting was attended by Federal Minister of Planning and Reforms Khusro Bakhtiar, Federal Minister of Energy Omar Ayyub, Minister Economic Affairs Hammad Azhar, PM Advisor Razak Dawood, PM Special Assistant Nadeem Babar and the Chairman of the Federal Revenue Board (FBR) Shabbar Zaidi.

Dr Shaikh said that the economy has started going in a favorable path since the government has reached a balance on external accounts in the past year.He added that significant growth had been achieved in exports, which increased to $2.23 billion this year from $2.01 billion in the first two months of last year and imports deteriorated from $5 billion to $4.1 billion. This implies that the country's total current-account deficit has declined by 7.3%, he added.

He said that in the first two months of the past year the revenue collection from Rs509 billion to Rs580 billion had increased in the present year, which showed a 25% increase. In addition, he articulated the expectation that for the financial year the state would attain the 2.4% growth target.

Government Improved Tax Collection In 580 Bn PKR

Islamabad: Prime Minister (PM) adviser on finance and revenue Dr Hafeez Shaikh said on Wednesday that PKR 580 billion in revenues were effectively obtained by the state against the goal of PKR 644 billion, said in a news.

www.rightdeed.com

 

[Galaxy]

Still not enough for a population of 220 million. Minimum double of that is needed.

 

[Aslan]

In UK a single person is allowed to have an annual income 0f £12500.Any mount above this allowance is taxed.The tax rates change depending on the amount of income.Everyone one liable for tax pays tax.In Pakistan people have been evading taxes fro decades.The government should set a threshold for income and then make sure anyone who earns above this limit pays income tax.At the moment Pakistan has the lowest percantage of tax payers in the world.

 

[hassanattique]

Salarized people are already paying TAX what people are not doing is the self assessment as it is done in UK. People are not declaring income on top of salary they are getting e.g. Rental income from home or shops or some side business.

In UK a single person is allowed to have an annual income 0f £12500.Any mount above this allowance is taxed.The tax rates change depending on the amount of income.Everyone one liable for tax pays tax.In Pakistan people have been evading taxes fro decades.The government should set a threshold for income and then make sure anyone who earns above this limit pays income tax.At the moment Pakistan has the lowest percantage of tax payers in the world.

 

[islamabadi]

2.4% growth p khush ho raha hai ye....it is THE LOWEST growth rate in the region.....EVERY 1 of our NEIGHBOOR is growing at DOUBLE of this rate.....CHINA>..INDIA>..BANGLADESH....IRAN....SRI LANKA....all growing at double but thie PTI party of jokers is satisfied with their 2,4% ........this 2 number Erdogan wannabe is a curse on this country. Turkey has been growing at TRIPLE this rate for 15 years CONTINOUSLY ! fraeking retards

 

[Ali raza babar]

The Govt has practically STOPPED all economic activity.
Literally STOPPED

 

[gumnam123]

2.4% growth p khush ho raha hai ye....it is THE LOWEST growth rate in the region.....EVERY 1 of our NEIGHBOOR is growing at DOUBLE of this rate.....CHINA>..INDIA>..BANGLADESH....IRAN....SRI LANKA....all growing at double but thie PTI party of jokers is satisfied with their 2,4% ........this 2 number Erdogan wannabe is a curse on this country. Turkey has been growing at TRIPLE this rate for 15 years CONTINOUSLY ! fraeking retards

tu ye improvement ha na bhae previous tax collection se. kya china, india bangladesh men automatically 20% growth agae?unhon ne bhi 2% se shru kya hoga aur halke halke bhar ker acche figures hasil kere. Khuda ka kauf kero koi bhi cheez behter ahista ahista hoti ha foran nahi.

 

[Okara]

2.4% growth p khush ho raha hai ye....it is THE LOWEST growth rate in the region.....EVERY 1 of our NEIGHBOOR is growing at DOUBLE of this rate.....CHINA>..INDIA>..BANGLADESH....IRAN....SRI LANKA....all growing at double but thie PTI party of jokers is satisfied with their 2,4% ........this 2 number Erdogan wannabe is a curse on this country. Turkey has been growing at TRIPLE this rate for 15 years CONTINOUSLY ! fraeking retards

Let's assume ur father took heavy loan on ur home and enjoyed his life. Once he passed away what are ur options?

 

[PIND-WALA]

In UK a single person is allowed to have an annual income 0f £12500.Any mount above this allowance is taxed.The tax rates change depending on the amount of income.Everyone one liable for tax pays tax.In Pakistan people have been evading taxes fro decades.The government should set a threshold for income and then make sure anyone who earns above this limit pays income tax.At the moment Pakistan has the lowest percantage of tax payers in the world.

Everybody agrees to that but problemblies in implementation. Small shopkeepers do everything in cash.

 

[Okara]

How many Muslims were ready to pay Zakkah durin Hadrat Abba Bakkar Siddiq Radi Allah Unhum? This means its government responsibility to collect due taxes from people.