Nawaz paid Rs2.5m, Shahbaz Rs5m in taxes

[khuramonline]

^^ above are companies where hassan nawaz has director or company secratery appointment.

Remember that hassan nawaz was student When Nawz was exiled by Musharraf. And Nawaz official stance is that all assets of nawaz were taken up by govt. at the time of exile...

 

[Thor]

Errrrrrrrrrrr..... This is known however we are enquiring the tax issue. PML-N have beaten these numbers around this year for quite a while however we are not interested in the company sales tax but more on their personal income tax which is zilt.

 

[Fracker]

self deleted

 

[Malik Usman]

The amount has been paid by Nawaz from his income as the director of one sugar mill, Chaudhry Sugar Mills, which is declared as his only asset.

And what about the Shopping mall in Riyadh Sudia Arabia.......Luxury apartments in London, Dubai and Property they made with their relatives names..........?? Bunch of Looters

 

[STEELMAN]

can anyone Please tell what is the tax slab in Pakistan and what % of income has to give as Income tax ?

 

[Mav3rick]

You calling them murdered now since Your beloved leader Mushsraff took on Nawaz from the back and send him out of the country on the logic of wht!!! History tells you that these dictators jump in to the Political setup when they get green single from U.S
Have Mushsaraff said no to U.S in 1999 when he sabotage the political system n took on the government unconstitutionally pakistan would have stood on his feet today...!!!!

In1999, Iqbal Raad, nawaz sharif lawyer was shot dead in Karachi in mid-March.Sources n Sharif's defense team blamed the military for intentionally providing their lawyers with inadequate protection. The court proceedings were widely accused of being a show trial.Sources from Pakistan claimed that Musharraf and his military government's officers were in full mood to exercise tough conditions on Sharif, was intended to sent Navaz Sharif to gallows to face similar fate as Zulfikar Ali Bhutto in 1979.Wht do u think Zulikar ali bhutto done worng...!!!!!!!!!!!!!


It was the pressure on Musharraf exerted by Saudia Arabia and to exile Sharif after it became authenticated that the court is near to place her verdict on Navaz Sharif on his charges, and the court will sentenced Sharif to death.for something which he didn't do
9/11 would have never become possible if the government in Islamabad was not in control of U.S...
People like u need to open their eyes n head if they majority of people like u in pakistan would have been still under dictators!!!!

I demanded you present your case with 5 good things from democracy and 5 bad things from dictatorship for us but this is what you come up with? Lets do this again.....I will wait for the 5 things.

 

[Mav3rick]

can anyone Please tell what is the tax slab in Pakistan and what % of income has to give as Income tax ?

It's variable with salary tax brackets for different classes. Highest income tax rate is around 40% I believe.

 

[STEELMAN]

It's variable with salary tax brackets for different classes. Highest income tax rate is around 40% I believe.

Than this Shariff family must be coming in 40% tax slab ?

 

[STEELMAN]

Actually I had met few Pakistani scindhis in India who have came here to visit there relatives.They heard from ours talking about coloured money and how to disclose that, he was surprised listening that and told that we dont have such harsh rule in Pakistan for Income tax we pay certain amount of tax and rest we dont have to disclose to any authority.

 

[Mav3rick]

Than this Shariff family must be coming in 40% tax slab ?

Wishful thinking, since they have no 'income' as most of their businesses end up in losses every year they don't really have any taxable income. Nawaz Sharif paid Rs. 5k as income tax (fact!). And they claim back most of the GST and other taxes that they pay on business dealings in tax claim returns.

 

[Mav3rick]

Actually I had met few Pakistani scindhis in India who have came here to visit there relatives.They heard from ours talking about coloured money and how to disclose that, he was surprised listening that and told that we dont have such harsh rule in Pakistan for Income tax we pay certain amount of tax and rest we dont have to disclose to any authority.

Unfortunately, Pakistan has a cash based economy which means that it is impossible to keep track of the wealth of Pakistani's. We are working hard to bring a change to convert our economy to documented economy by penalizing money laundering (which was not a punishable crime before the introduction of Anti Money Laundering Act 2010), tax evasion, financial terrorism, corruption etc, and by elimination of parallel economy. This will be very beneficial for Pakistan but may take 10-20 years.

Once these steps are in full force, everyone will have to pay proper tax and evaders will be punished accordingly. Corruption will also become extremely difficult as everybody's assets will be documented etc.