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Nawaz, Imran paid less tax in 2015 than previous year

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Nawaz, Imran paid less tax in 2015 than previous year
By Shahbaz Rana
Published: September 10, 2016
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1179751-ImranNawaz-1473477503-323-640x480.jpg

PHOTO: ONLINE

ISLAMABAD: Prime Minister Nawaz Sharif and his fierce opponent Imran Khan’s tax contributions significantly declined in tax year 2015 amid steady increase in overall income tax payments by parliamentarians.

The parliamentarians’ tax directory that Finance Minister Ishaq Dar unveiled on Friday revealed that national lawmakers, including members of the federal cabinet, paid Rs310.8 million in taxes during tax year 2015 – up by Rs72 million or 30%.

Imran admits owning offshore company to ‘avoid UK taxes’

However, Premier Nawaz paid Rs2.2 million in taxes, down by 15.45% over the previous year. The Pakistan Tehreek-e-Insaf chairman, on the other hand, paid only Rs76,244 in income tax, which was 64% less than the previous year – he had paid Rs218,237 in tax year 2014.

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The naming and shaming strategy of the Federal Board of Revenue (FBR) appears to be having an effect on at least parliamentarians. In 2013, when FBR published the first tax directory, parliamentarians had paid only Rs127 million in taxes. This amount increased by about two and a half times within three years.

Senator Taj Mohammad Afridi paid the highest tax of Rs41.7 million, while PTI’s Jahangir Tareen paid Rs37.6 million in taxes.

However, four federal ministers and one minister of state did not file their income tax returns for tax year 2015. FBR did not take any action against them, underpinning views that the machinery was not effectively working. Commerce Minister Khurram Dastgir, Minister for Overseas Pakistanis Syed Sadaruddin Shah Rashidi, Ports and Shipping Minister Mir Hasil Khan Bizenjo, Religious Affairs Minister Sardar Mohammad Yousaf and Minister of State for Water and Power Abid Sher Ali did not file their returns.

Cabinet ministers paid 20% more compared to last year with their total contribution standing at Rs16.8 million. The parliamentarians’ tax directory has yet again reinforced the view that Pakistani lawmakers are contributing very little to the national exchequer.

Imran vows to make Nawaz accountable

Overall, out of a total 1,169 members of the Senate, the National Assembly and the four provincial assemblies, as many as 120 legislators did not file their tax returns, said Finance Minister Ishaq Dar while speaking at the launching ceremony of the directory.

In tax year 2014, about 401 national lawmakers had filed the income tax returns – a figure that has now further slipped to only 386 due to weakening writ of the federal government.

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Dar said that the Senate chairman and NA and provincial assembly speakers have been informed about those parliamentarians who have not filed income tax returns.

Under the law, filing the income tax return is binding on every citizen who earns more than Rs400,000 per annum and non-filer parliamentarians may face serious consequence, provided FBR plays its due role.

The tax contribution of 83 senators of Rs173.6 million was more than the Rs122 million paid by 96 senators in the previous year. The 303 NA members paid Rs137.2 million during tax year 2015 as against Rs116.6 million in the previous year. On average each senator paid Rs2.1 million in taxes compared to an average of Rs452,805 contributed to the exchequer by each MNA.

In total, 1.074 million people filed income tax returns in tax year 2015, said Dar, which showed the Nawaz administration’s failure to meet its own goal of broadening the tax base.

Imran accuses PM of tax evasion despite being ‘third richest person in the country’

Several parliamentarians and cabinet ministers saw a dramatic increase in the amount of taxes they paid, which either reflects an abnormally large increase in their incomes, or an increasing willingness to pay the taxes they owe on income levels that have not changed much over the course of the last year.

Punjab Chief Minister Shahbaz Sharif paid Rs7.6 million in income tax compared to Rs5.2 million last year – an increase of 36%. Finance Minister Dar paid Rs3.9 million in income tax, compared to Rs2.3 million in the previous year – an increase of 69.5%.

Pakistan Peoples Party Senator Aitzaz Ahsan paid Rs24.93 million – almost 100% more than the previous year. NA Speaker Sardar Ayaz Sadiq paid Rs1.4 million tax in 2015 as against only Rs327,895 in the previous year. Leader of Opposition in NA Khursheed Shah paid just Rs100,054 in income tax, compared to the Rs62,214 that he paid last year.

Among the chief ministers, Sindh Chief Minister Murad Ali Shah paid Rs661,661 in income tax. Khyber-Pakhtunkhwa Chief Minister Pervaiz Khattak paid Rs766,480 against Rs660,619 he paid last year. His counterpart from Balochistan, Sanaullah Zehri paid Rs1.28 million.

Information Minister Pervaiz Rashid paid mere Rs3,611 in income tax compared to Rs313,681 last year. Interior Minister Chaudhry Nisar paid Rs847,662 as against Rs641,228 last year.

Petroleum Minister Shahid Khaqan Abbasi, who owns a controlling stake in Air Blue, paid Rs2.1 million in 2015, almost equal to last year’s level.

Water and Power Minister Khawaja Asif paid just Rs466,630 as against Rs4.7 million in income tax in 2014. Planning Minister Ahsan Iqbal contributed just Rs106,897 as against Rs130,749 in the last year. Railways Minister Khawaja Saad Rafique paid about Rs3 million in income tax as against Rs2.1 million in previous year.

Senate Chairman Raza Rabbani paid Rs730,107 as against Rs1.1 million in the previous year. His deputy Maulana Abdul Ghafoor Haideri paid just Rs202,666 in income tax in 2014.

Published in The Express Tribune, September 10th, 2016.
 
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Shall we start from the prime minister to set an example then others will follow.
 
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net worth of $1.4 billion and he pays 2.2 million Rs. in tax??? Shahbaz Sharif is not as rich and he paid 7.6 million Rs.??

Does the Prime Minister have a significantly smaller income than Shahbaz??
 
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net worth of $1.4 billion and he pays 2.2 million Rs. in tax??? Shahbaz Sharif is not as rich and he paid 7.6 million Rs.??

Does the Prime Minister have a significantly smaller income than Shahbaz??


you dont pay taxes on your worth
 
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76244 rs paid by moral high ground coke head...

A grade 14 clerk pays around similar amount on his salary
 
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IK's house ALONE is worth over a billion rupees, that should by itself have a tax of many millions!! Glad to see IK's name starting to come up in corruption also as he's been doing it and blaming others. I am not even getting into the story of how he got this much land for his house (through his buddy Aleem using threats, his land mafia, harassing and forcing people out of their land for peanuts, and then reevaluating it by the CDA to be zoned into Islamabad (and shiit became Diamonds overnight worth billions). And then, there is the story of how this majority of forcefully taken land was sold to Ms. Jamima.....and then to IK!! Talk about having layers of defense to hide corruption and forceful takeover of people's land!!
 
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IK's house ALONE is worth over a billion rupees, that should by itself have a tax of many millions!! Glad to see IK's name starting to come up in corruption also as he's been doing it and blaming others. I am not even getting into the story of how he got this much land for his house (through his buddy Aleem using threats, his land mafia, harassing and forcing people out of their land for peanuts, and then reevaluating it by the CDA to be zoned into Islamabad and shiit became Diamonds overnight worth billions). And then, there is the story of how this majority of forcefully taken land was sold to Ms. Jamima.....and then to IK!! Talk about having layers of defense to hide corruption and forceful takeover of people's land!!

My father bought a house 25 years ago for Rs. 100,000 in an underdeveloped area and now it is worth 10,000,000 due to property price appreciation in the area. My father still does not earn much and we live in that house. Now does he have to pay tax on the current value of the property?

By this logic you are going to make 50% of the population of Pakistan bankrupt within few years time. I am not sure whether there are laws in Pakistan about how the property is valued for tax in a certain area.

You may disagree with Imran's politics, but one thing where almost everyone agrees is his financial honesty.

Everyone on the other hand knows about Sharif brothers, Zardari etc. People living in Punjab know the extent of corrpution these Sharifs have done over the years. They have destroyed their competitors from poultery business to sugar mills, to dairy to steel to textile to almost everything else to become tycoons in almost every business mentioned here.

Want to vote for Sharifs or follow them, please do so, but do not tell me they are not corrupt to the core!
 
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you dont pay taxes on your worth

I said does the PM get paid more than CM.

net worth is a total of all your assets including businesses, so he would also be earning income from all of those businesses too, Unless he organized a loophole to dodge taxes
 
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Alright we all knew that the PM would not declare his taxes properly but for all those IK supporters out there; whats his excuse?
 
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I said does the PM get paid more than CM.

net worth is a total of all your assets including businesses, so he would also be earning income from all of those businesses too, Unless he organized a loophole to dodge taxes

no genius you pay takes on your earning, its very common and very easy and allowed in tax laws to show minimum income...govt usually dont care because 100 and 1000s of people you employ pay taxes. you know how many time people asked Trump to show his taxes and he refused.
 
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Now atleast Pakistani people know , what is tax..................lolzzzz. Before that rich people defined tax " a portion of money paid to politicians from foreign aid....
 
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nawaz paid for his medical treatment and imran ki divorce ho gai both are in lose :p:D:rofl:
 
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My father bought a house 25 years ago for Rs. 100,000 in an underdeveloped area and now it is worth 10,000,000 due to property price appreciation in the area. My father still does not earn much and we live in that house. Now does he have to pay tax on the current value of the property?

By this logic you are going to make 50% of the population of Pakistan bankrupt within few years time. I am not sure whether there are laws in Pakistan about how the property is valued for tax in a certain area.

That's how it works if the tax system is working. I have plenty of real estate all across US. Tax codes change every year and as much as I hate seeing a few thousand dollars additional taxes every year (with growth in areas, economy, etc), I gladly pay it as that's what a good citizen is supposed to do. If I went to the IRS and made the same case that I live in this house and I bought it in an under developed area 10 years ago, they'll probably send me a notice of a fine added to my tax bill. I can legally file a petition in a court, but the court will also see the current prices in the area and will ask me to pay the taxes the way the City / County sends those to me. This is how it works in the entire country. Pakistan can't grow if the people don't pay their share of the taxes or hide what they owe.

The recent publication by Pakistan's FBR would show you, your current value of the home / that area you live in. Believe it or not, you'll be paying more taxes next year. And here, your leader IK is lying to the system. The guy should be banned from politics and banned from even opening his mouth as total shiit comes out of it without value to an entire nation of 200 million people, which is now a growing economy among top 10 fastest growing countries. Nothing he contributed to the country though!!
 
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no genius you pay takes on your earning, its very common and very easy and allowed in tax laws to show minimum income...govt usually dont care because 100 and 1000s of people you employ pay taxes. you know how many time people asked Trump to show his taxes and he refused.

First of all, income tax applies to all income received by the individual from all businesses or payments, I don't know what the individual rate is for PM of Pakistan but there's no way it is that low.

Secondly saying the govt. doesn't care when you employ so many people is a redundant argument since he is the government, and paying the minimum rather than full taxes is called tax dodging. Its silly to say that, and if he gets away with it from such a position of power then what message does it send to all other shady businessmen in the country?

Thirdly, I don't know why you bring trump into this, but the reason he is withholding his taxes is likely because he has lied to his supporters, and releasing the tax reports would just expose him (trump corporate rhetoric, lies about his wealth). Also US law is not the same as Pakistan obviously

Finally, stop being a condescending asshole, especially when you have holes in your own argument
 
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