Khalid2008
Politcal Worker (100+ posts)
Re: Mills and Factories of Nawaz Sharif & Co.
How about factories/mills in Saudia? please through some light on it...
How about factories/mills in Saudia? please through some light on it...
Nawaz Sharif Business Empire in 1990's (Full Details)
- Thread starter zhohaq
- Start date
zain shafique
Politcal Worker (100+ posts)
Re: Mills and Factories of Nawaz Sharif & Co.
http://www.sharifgroupn.com/en/
add two more sugar mills in this list chaudhary sugar mills and shamim sugar mills. link is given for prove check this.logo k business bnd ho rha ha or yeh open ker rha hain new mills......
http://www.sharifgroupn.com/en/
add two more sugar mills in this list chaudhary sugar mills and shamim sugar mills. link is given for prove check this.logo k business bnd ho rha ha or yeh open ker rha hain new mills......
Azizan
MPA (400+ posts)
Re: Mills and Factories of Nawaz Sharif & Co.
RedCo International and Redco Construction, heard that NS also has Shares in Redco Company and Saifur-Rahman is CEO of Redco. It is one of the Largest Construction Company in Qatar.
http://www.redcointl.com/management.php
RedCo International and Redco Construction, heard that NS also has Shares in Redco Company and Saifur-Rahman is CEO of Redco. It is one of the Largest Construction Company in Qatar.
http://www.redcointl.com/management.php
Pure_pakistani
MPA (400+ posts)
Re: Mills and Factories of Nawaz Sharif & Co.
In kuttton k hathon kuttton ki mot mrnay se behtar hai kuch kuttton ko maar k maro ...... Just come out of your houses and do something practically......time never spare the cowards......chup chap mrnay se behtar hai kuch acha kr k jao.....hukomat nahi kuch krti to apni aur apni family ki hifazat krna koi jurm nahi.....just take up ur guns now.....Mardon ki trha lartay huay mro......make ur groups and kill the target killers whereever u c.....the only solution..........dear forum members Is this a solution?????need ur opinion plz????
In kuttton k hathon kuttton ki mot mrnay se behtar hai kuch kuttton ko maar k maro ...... Just come out of your houses and do something practically......time never spare the cowards......chup chap mrnay se behtar hai kuch acha kr k jao.....hukomat nahi kuch krti to apni aur apni family ki hifazat krna koi jurm nahi.....just take up ur guns now.....Mardon ki trha lartay huay mro......make ur groups and kill the target killers whereever u c.....the only solution..........dear forum members Is this a solution?????need ur opinion plz????
Saeed4Truth
Minister (2k+ posts)
Re: Mills and Factories of Nawaz Sharif & Co.
Yehi kuch zardari b kehta hai ye dono ek he hain, kash log ye samaj jaen:pakistan-flag-wavin
Re: Mills and Factories of Nawaz Sharif & Co.
saboot kay baghair kuchh bhee bak saktay ho pti walo... yeh yaad rakhna kay bohtaan laganay ka anjam aglay jahan main kia hai..... baqi haath ke khujli or ana ke taskeen kay liay kisi ko gali dena or ilzam lagana kaam hai ilzaam khan or supporters ka
saboot kay baghair kuchh bhee bak saktay ho pti walo... yeh yaad rakhna kay bohtaan laganay ka anjam aglay jahan main kia hai..... baqi haath ke khujli or ana ke taskeen kay liay kisi ko gali dena or ilzam lagana kaam hai ilzaam khan or supporters ka
Qureshi1975
Banned
Re: Mills and Factories of Nawaz Sharif & Co.
some people work put their efforts to become sucessfull and some people first spent time in bar, on women and in gambling which make them jealous in later days of their life. Mr khan going through just that phase of jealousey .
some people work put their efforts to become sucessfull and some people first spent time in bar, on women and in gambling which make them jealous in later days of their life. Mr khan going through just that phase of jealousey .
Azizan
MPA (400+ posts)
Re: Mills and Factories of Nawaz Sharif & Co.
Yeh Batt Pmln ki Propaganda Team se bi keh de...
Yeh Batt Pmln ki Propaganda Team se bi keh de...
Sherlock Holmes
MPA (400+ posts)
Re: Mills and Factories of Nawaz Sharif & Co.
Akay47 bhai.... Khuda ko hazir nazir jaan ke batao...khud se sharam nahi aatee tumhe inn choron ko defend krte huay !
Akay47 bhai.... Khuda ko hazir nazir jaan ke batao...khud se sharam nahi aatee tumhe inn choron ko defend krte huay !
Re: Mills and Factories of Nawaz Sharif & Co.
jab aap ko itnay baray zakat chor ko defend kartay huay koi sharam naheen aati tou doosron ko sharam ka zikar mat karain, baysharmi kay muhallay say sharam ka zikar kuchh ajeeb sa hai.... kin choron ko defend keya hai jinaab mainay? woh CHOR kis ke adalat main chor saabit huay hain?
albatta aik tax chor nay apni zubaan say aitraaf keya hua hai kay year 2000 tak uss nay koi tax naheen deya kiun kay kamaya Pakistan say naheen thaa..... zara federal taxation laws ko parh leejiay phir doosron ko naseehat karna
and on top of all... aik aadmi apnay hospital kay liay sari dunya say chanday ikkathay karta hai or apni property ka aik taka naheen sell karta, khud london main flat rakhta hai, phir ussay baichnay kay bahanay bani gala main mehhal banata hai, uss ka koi business bhee naheen hai or life style shahana hai..... chor kon huaa? zara sochiay
jab aap ko itnay baray zakat chor ko defend kartay huay koi sharam naheen aati tou doosron ko sharam ka zikar mat karain, baysharmi kay muhallay say sharam ka zikar kuchh ajeeb sa hai.... kin choron ko defend keya hai jinaab mainay? woh CHOR kis ke adalat main chor saabit huay hain?
albatta aik tax chor nay apni zubaan say aitraaf keya hua hai kay year 2000 tak uss nay koi tax naheen deya kiun kay kamaya Pakistan say naheen thaa..... zara federal taxation laws ko parh leejiay phir doosron ko naseehat karna
and on top of all... aik aadmi apnay hospital kay liay sari dunya say chanday ikkathay karta hai or apni property ka aik taka naheen sell karta, khud london main flat rakhta hai, phir ussay baichnay kay bahanay bani gala main mehhal banata hai, uss ka koi business bhee naheen hai or life style shahana hai..... chor kon huaa? zara sochiay
Wealth Tax Act 1963:
Under this Act any resident of Pakistan was required to disclose and to pay Tax on the prescribed rate regarding all Assets, including Assets "Located outside Pakistan". Imran has admitted that he owned a Flat in London since 1982. Imran was required to disclose this, and all his other Assets, in Wealth Tax Returns, and to pay Wealth Tax at the prescribed rates. Did he?
Unfortunately, the answer is no.
Indeed failure to file the requisite Tax Return alone is "Punishable with imprisonment for a term which may extend to one year, or with fine, or with both". Imran Khan of course has announced that when he is the Prime Minister, anyone guilty of having violated the Law (be it his mentor General Perviaz Musharraf) would be punished strictly in accordance with Law. One does therefore expect him to order Revenue Authorities to go after all Tax Cheats – no matter who they may be.
However, ethically Imran Khan shall pay all his Outstanding Tax Returns before calling others as Tax Thieves.
Under this Act any resident of Pakistan was required to disclose and to pay Tax on the prescribed rate regarding all Assets, including Assets "Located outside Pakistan". Imran has admitted that he owned a Flat in London since 1982. Imran was required to disclose this, and all his other Assets, in Wealth Tax Returns, and to pay Wealth Tax at the prescribed rates. Did he?
Unfortunately, the answer is no.
Indeed failure to file the requisite Tax Return alone is "Punishable with imprisonment for a term which may extend to one year, or with fine, or with both". Imran Khan of course has announced that when he is the Prime Minister, anyone guilty of having violated the Law (be it his mentor General Perviaz Musharraf) would be punished strictly in accordance with Law. One does therefore expect him to order Revenue Authorities to go after all Tax Cheats – no matter who they may be.
However, ethically Imran Khan shall pay all his Outstanding Tax Returns before calling others as Tax Thieves.
Re: Mills and Factories of Nawaz Sharif & Co.
Income Tax Ordinance 1979:
The Ordinance required every person in Pakistan to pay Taxes on his Worldwide Income. This means that if Imran Khan was resident in Pakistan during any of the years from 1979 to 2001 (The likelihood of course being that he was resident for Tax purposes throughout this period), he was obligated to pay Tax not just on Income arising in Pakistan (e.g. Payments received from PCB or its predecessor BCCP) but also Income earned outside Pakistan (e.g. on account of County Cricket). Under the Avoidance of Double Taxation Treaty between Pakistan and United Kingdom, he would have been given credit for Tax paid in the United Kingdom, but subject to that even Income earned in the United Kingdom needed to be disclosed in Pakistan and Tax paid on it. It was not exempt.
Regarding the point that PCB (or its predecessor BCCP) used to withhold Tax on payments made to Imran, one is not sure whether this was so, but even if Tax was withheld, this was not final discharge of Tax Liability. The Ordinance in fact created different scales of Tax Liability. One needed to aggregate all the income from various sources, and then depending upon the scale one fell in, to pay Additional Tax over and above what may have been deducted at source.
Income Tax Ordinance 1979:
The Ordinance required every person in Pakistan to pay Taxes on his Worldwide Income. This means that if Imran Khan was resident in Pakistan during any of the years from 1979 to 2001 (The likelihood of course being that he was resident for Tax purposes throughout this period), he was obligated to pay Tax not just on Income arising in Pakistan (e.g. Payments received from PCB or its predecessor BCCP) but also Income earned outside Pakistan (e.g. on account of County Cricket). Under the Avoidance of Double Taxation Treaty between Pakistan and United Kingdom, he would have been given credit for Tax paid in the United Kingdom, but subject to that even Income earned in the United Kingdom needed to be disclosed in Pakistan and Tax paid on it. It was not exempt.
Regarding the point that PCB (or its predecessor BCCP) used to withhold Tax on payments made to Imran, one is not sure whether this was so, but even if Tax was withheld, this was not final discharge of Tax Liability. The Ordinance in fact created different scales of Tax Liability. One needed to aggregate all the income from various sources, and then depending upon the scale one fell in, to pay Additional Tax over and above what may have been deducted at source.
Re: Mills and Factories of Nawaz Sharif & Co.
Imran Khan was required to aggregate his income from PCB or its predecessor BCCP, Domestic Cricket, County Cricket, Sponsorship, Advertisements (Remember Lipton, Pepsi, Wills etc.), Television Commentary Fee (of course he did lots of commentary after 1992), Interest Income from Bank Accounts (unless of course he kept all his money in cash), the odd Plot he got (which too would be considered income), any Man of the Match or Man of the Series Awards from Sponsors, income from Commercial Properties (like Pace Shopping Mall, M M Alam Road, Gulberg, Lahore), income from Agricultural Enterprises (as he owns vast Agricultural Land in Mian Chunnu) and any other sources to determine his Final Tax Liability.
Besides, even if there was an odd year during which he may not have been resident in Pakistan for Tax purposes, he was still required to pay Tax in respect of income that "Accrues or arises" in Pakistan, after aggregating all such income. This alone would have been quite a handful, as listed above.
Imran Khan was required to aggregate his income from PCB or its predecessor BCCP, Domestic Cricket, County Cricket, Sponsorship, Advertisements (Remember Lipton, Pepsi, Wills etc.), Television Commentary Fee (of course he did lots of commentary after 1992), Interest Income from Bank Accounts (unless of course he kept all his money in cash), the odd Plot he got (which too would be considered income), any Man of the Match or Man of the Series Awards from Sponsors, income from Commercial Properties (like Pace Shopping Mall, M M Alam Road, Gulberg, Lahore), income from Agricultural Enterprises (as he owns vast Agricultural Land in Mian Chunnu) and any other sources to determine his Final Tax Liability.
Besides, even if there was an odd year during which he may not have been resident in Pakistan for Tax purposes, he was still required to pay Tax in respect of income that "Accrues or arises" in Pakistan, after aggregating all such income. This alone would have been quite a handful, as listed above.
Re: Mills and Factories of Nawaz Sharif & Co.
There was separately then the obligation to "File Tax Returns". This applied even to non-residents who had a source of income in Pakistan. Indeed "Every Person" whose total income exceeded the maximum amount not chargeable to Tax, was required to do so. It cannot truly be Imran’s case that his total income fell below the Taxable Limit – throughout the relevant period at least. In any case, after 1997, even a person who may have fallen below the Taxable Limit but undertook Foreign Travel was required to file a Tax Return.
One can therefore safely conclude that in the period between 1971 and 2001, Imran was liable to pay Tax in Pakistan on income accruing in Pakistan and Outside, and any Tax that may have been withheld at source did not mean that additional Tax was not payable. He was also obligated to file Tax Returns. The question of course is whether he did.
There was separately then the obligation to "File Tax Returns". This applied even to non-residents who had a source of income in Pakistan. Indeed "Every Person" whose total income exceeded the maximum amount not chargeable to Tax, was required to do so. It cannot truly be Imran’s case that his total income fell below the Taxable Limit – throughout the relevant period at least. In any case, after 1997, even a person who may have fallen below the Taxable Limit but undertook Foreign Travel was required to file a Tax Return.
One can therefore safely conclude that in the period between 1971 and 2001, Imran was liable to pay Tax in Pakistan on income accruing in Pakistan and Outside, and any Tax that may have been withheld at source did not mean that additional Tax was not payable. He was also obligated to file Tax Returns. The question of course is whether he did.
Sherlock Holmes
MPA (400+ posts)
Re: Mills and Factories of Nawaz Sharif & Co.
Mere bhai... Mujhai yakeen hai kai tum majboor ho.. Mujhai yakeen hai kai tum jante ho kai tum ghalat ho.. Mujhai yakeen hai kai tumhare parents ki halaal kamaee se pala gya tumhara jism aur ragoun mai dorta khoon tumhe sahee aur ghalat ka ehsaas dilata hogaa..
Tum jante ho kai woh banda kurbani daita aaya hai... Apni family kee.. apnai araam kee apni security kee... Ek bani gala ki haweli kya haisyat rakhti hai us aadmi kai saamne.. Is tarah ki kitni hee properties to hamare naye nojawaan khiladee own karte hain..
Comparision karo Imran Khan ka apni party ki leadership se.. Dunya kai ameer tareen logoun ka life standard rakhte hoay is ghareeb mulk pe hakoomat karte rahe hain... Kya NS nai apnai iktidaar ko apni wealth barhane kai liye istamaal nahi kya ?
Chalo maan liya.. tumhara leader doosray choroun se behtar hai... Mai bhee us ka ex-voter raha hoon.. Par zara comparision karo, us kai vision aur IK ki wisdom ka... Zara socho.. Pakistan kai bare mai.. Apni zaat se baala-tar. Kya Pakistan ko aise hee dekhna chahte ho hamesha ?
Mere bhai... Mujhai yakeen hai kai tum majboor ho.. Mujhai yakeen hai kai tum jante ho kai tum ghalat ho.. Mujhai yakeen hai kai tumhare parents ki halaal kamaee se pala gya tumhara jism aur ragoun mai dorta khoon tumhe sahee aur ghalat ka ehsaas dilata hogaa..
Tum jante ho kai woh banda kurbani daita aaya hai... Apni family kee.. apnai araam kee apni security kee... Ek bani gala ki haweli kya haisyat rakhti hai us aadmi kai saamne.. Is tarah ki kitni hee properties to hamare naye nojawaan khiladee own karte hain..
Comparision karo Imran Khan ka apni party ki leadership se.. Dunya kai ameer tareen logoun ka life standard rakhte hoay is ghareeb mulk pe hakoomat karte rahe hain... Kya NS nai apnai iktidaar ko apni wealth barhane kai liye istamaal nahi kya ?
Chalo maan liya.. tumhara leader doosray choroun se behtar hai... Mai bhee us ka ex-voter raha hoon.. Par zara comparision karo, us kai vision aur IK ki wisdom ka... Zara socho.. Pakistan kai bare mai.. Apni zaat se baala-tar. Kya Pakistan ko aise hee dekhna chahte ho hamesha ?
Sherlock Holmes
MPA (400+ posts)
Re: Mills and Factories of Nawaz Sharif & Co.
Janaab.. Aurat aur ayyashee kai bare mai Shareef khandaan already acha khaasaa famous hai.. Sirf mard hee nahi, family kee khawateen bhi kabhi kisi se kam nahi raheen.. You know it!
Koshish krke personal attack se ijtanaab karen... Jawaab aaya to bardasht nahi kar payengay !
Janaab.. Aurat aur ayyashee kai bare mai Shareef khandaan already acha khaasaa famous hai.. Sirf mard hee nahi, family kee khawateen bhi kabhi kisi se kam nahi raheen.. You know it!
Koshish krke personal attack se ijtanaab karen... Jawaab aaya to bardasht nahi kar payengay !
crankthskunk
Chief Minister (5k+ posts)
I have said it many times on this forum, two people are most dangerous in PMLN after Sharifs are Khawaja Asif and Ishaq Dar.
I have written an article yesterday, which mentions Khawaja Asif contributions in last governments of PMLN. He played a key part in the privatization of nationalized industries in the first administration of the Sharifs.
The other industrialists you mentioned all got hugely rewarded by Sharifs and by Benazir for good measures.
I remind everyone an article I published months ago, which lists how Sharifs assets changed during that period.
In short, the gist of it is, they sold off lucrative industries for Peanuts, and all these groups within years became very wealthy. Sheriffs became billionaires over a few years. Same is with BB, she provided opportunities to his selected few, and as a result now our President is worth over $20 billion but alas, still don't pay any taxes.
My God, am I raging mad.:angry_smile:
I have written an article yesterday, which mentions Khawaja Asif contributions in last governments of PMLN. He played a key part in the privatization of nationalized industries in the first administration of the Sharifs.
The other industrialists you mentioned all got hugely rewarded by Sharifs and by Benazir for good measures.
I remind everyone an article I published months ago, which lists how Sharifs assets changed during that period.
In short, the gist of it is, they sold off lucrative industries for Peanuts, and all these groups within years became very wealthy. Sheriffs became billionaires over a few years. Same is with BB, she provided opportunities to his selected few, and as a result now our President is worth over $20 billion but alas, still don't pay any taxes.
My God, am I raging mad.:angry_smile:
