Ogra notifies up to 143pc increase in gas prices

[ALi Rizwan]

PTi slogan is not to take away jobs from govt employees, they are to stay here.

for some reason, Asad Umar believes that by increasing gas prices, tax rates etc., cost of production can be brought down.

Its people fault. Politician will make falls claim for power.
Ever one knows that in Democracy you can't end govt. job even if its useless. Save Democracy Save Few Govt. jobs and destroy whole country.

The problem is you earn Rs 10k but your expense is minimum 3 time more now please give me practical solution how will you solve it.

I don't think Asad will make such claim. Even people here wants more and more tax problem is the system not tax amount.
Higher unit are consumed by industries his excuse was that he has protected poor guys.

This country need multiple dams which will ensure cheap electricity making Industries competitive locally & internationally and will reduce huge import bills in billions of rupees probably in dollar on Gen/Inverter/Fuel(Petrol/diesel) and avoid huge losses on expensive electricity.

Construct multiple mega dams now and you will get the desired result in 10 years.

 

[BetterPakistan]

all their policies will discourage foreign investment and result in economic slow down.pti will result Pakistan in to nkorea like state.More educated and good class and even other skilled people will migrate to foreign countries

Increase the prices of daily used commodities, that's the solution Asad Umer came with. Epic

Pakistan already sales Sui Gas at one of the least prices around the world. Prices for household consumers were merely increased 10-20% and there is no other solution other than increasing the price.

It will encourage investment because it will get Sui out of debt trap which last government put on it.

 

[Yaseen1]

industrialists always invest at those regions where fuel price and electricity price is low.In Pakistan there is also poor security conditions and if fuel price is also increased investor will not invest as it is loss.Standard of living is low so rich people will prefer to live in foreign countries where standard of living will be higher if they are to pay high cost of living.There is no guarantee that sui company will come out of loss as corrupt individual are still in govt and institutions and they will involve in misappropriation of taxes and also gas theft will also increase if prices are high

Pakistan already sales Sui Gas at one of the least prices around the world. Prices for household consumers were merely increased 10-20% and there is no other solution other than increasing the price.

It will encourage investment because it will get Sui out of debt trap which last government put on it.

 

[Azog]

This was expected and needed

IMF wants more lol

 

[shah_123]

Its people fault. Politician will make falls claim for power.
Ever one knows that in Democracy you can't end govt. job even if its useless. Save Democracy Save Few Govt. jobs and destroy whole country.

The problem is you earn Rs 10k but your expense is minimum 3 time more now please give me practical solution how will you solve it.

I don't think Asad will make such claim. Even people here wants more and more tax problem is the system not tax amount.
Higher unit are consumed by industries his excuse was that he has protected poor guys.

This country need multiple dams which will ensure cheap electricity making Industries competitive locally & internationally and will reduce huge import bills in billions of rupees probably in dollar on Gen/Inverter/Fuel(Petrol/diesel) and avoid huge losses on expensive electricity.

Construct multiple mega dams now and you will get the desired result in 10 years.

https://twitter.com/x/status/1047286830599753728

 

[!eon]

merely increased 10-20% and there is no other solution other than increasing the price.

Solutions are there

 

[BetterPakistan]

Solutions are there

Sui was selling gas at half the price of production cost and what was the solution there?? to give subsidy of billion of rupees annually and increased debt on national economy??? This is not a solution but just piling up debt and making 2 more problems in near future. Please keep economy out of politics.

industrialists always invest at those regions where fuel price and electricity price is low.In Pakistan there is also poor security conditions and if fuel price is also increased investor will not invest as it is loss.Standard of living is low so rich people will prefer to live in foreign countries where standard of living will be higher if they are to pay high cost of living.There is no guarantee that sui company will come out of loss as corrupt individual are still in govt and institutions and they will involve in misappropriation of taxes and also gas theft will also increase if prices are high

Pakistan already sales gas at one of the lowest prices in the region. Sui will be out of loss within 1 year through this increase and I don't understand why pseudo economists like you don't understand that Sui was selling gas at half the price of production cost and there was no other solution than increasing the prices. Secondly the rich will have to pay more money, poor will pay at max 20% more means Rs 20-30. In all countries in the world rich have to pay more tax and I don't know who told you that Rich people are gives concessions just to make sure that they live in our country

In rich countries you have to pay upto 45% tax on your income which you don't have to in Pakistan. Better to research first.

 

[Ryuzaki]

Pakistan "doing more" for IMF.Electricity rates and currency devaluation also expected soon

 

[Yaseen1]

standard of living in developed country is much higher than in Pakistan.There are no bullet trains,good hospitals schools and universities here in Pakistan.People pay taxes in west but in return govt spend on them and provide them with facilities.Wages and salaries of people are also higher there so paying more taxes makes sense but in Pakistan the main cause of loss is due to corruption and gas theft if this cause is not handled taxes will not beneficial.Govt should also increase minimum wages like in west so people can pay more taxes but here govt only increase taxes and wages of poor labor are no increased.We lack infrastructure and attractive environment for investment like in europe and u.s so incentives and tax cut is necessary for foreign investment and industry growth .First reach that level of development like in west then impose taxes like that of europe and u.s otherwise no one will invest here and we will see economic disaster and continue to blame each other

Sui was selling gas at half the price of production cost and what was the solution there?? to give subsidy of billion of rupees annually and increased debt on national economy??? This is not a solution but just piling up debt and making 2 more problems in near future. Please keep economy out of politics.



Pakistan already sales gas at one of the lowest prices in the region. Sui will be out of loss within 1 year through this increase and I don't understand why pseudo economists like you don't understand that Sui was selling gas at half the price of production cost and there was no other solution than increasing the prices. Secondly the rich will have to pay more money, poor will pay at max 20% more means Rs 20-30. In all countries in the world rich have to pay more tax and I don't know who told you that Rich people are gives concessions just to make sure that they live in our country

In rich countries you have to pay upto 45% tax on your income which you don't have to in Pakistan. Better to research first.

https://defence.pk/pdf/find-new/9739103/posts?mode=recent&recent=1

 

[!eon]

When a had haram doesn't want to work
Lame excuses always come very handy

Sui was selling gas at half the price of production cost and what was the solution there?? to give subsidy of billion of rupees annually and increased debt on national economy??? This is not a solution but just piling up debt and making 2 more problems in near future. Please keep economy out of politics.

 

[BetterPakistan]

When a had haram doesn't want to work
Lame excuses always come very handy

And when kids like you start talking on economics insanity prevails.

Why don't you give a suggestion to tackle this crisis?

standard of living in developed country is much higher than in Pakistan.There are no bullet trains,good hospitals schools and universities here in Pakistan.People pay taxes in west but in return govt spend on them and provide them with facilities.Wages and salaries of people are also higher there so paying more taxes makes sense but in Pakistan the main cause of loss is due to corruption and gas theft if this cause is not handled taxes will not beneficial.Govt should also increase minimum wages like in west so people can pay more taxes but here govt only increase taxes and wages of poor labor are no increased.We lack infrastructure and attractive environment for investment like in europe and u.s so incentives and tax cut is necessary for foreign investment and industry growth .First reach that level of development like in west then impose taxes like that of europe and u.s otherwise no one will invest here and we will see economic disaster and continue to blame each other

https://defence.pk/pdf/find-new/9739103/posts?mode=recent&recent=1

Imran Khan is doing everything to counter corruption and spending people money on them. Govt increasing minimum wage don't mean anything. Govt has to create jobs because when there will be more employment wages will rise automatically. Who is imposing taxes like west here in Pakistan? 70% of Canadians pay income tax while in Pakistan only 0.7 million? There is no tax caparison between high income nations and Pakistan. The thing is if govt will collect tax than they will spend that on people. There is never a 90 days solution for issues in economies of the world. Economic management requires time.

Let me tell you something more. You were saying that govt has increase gas prices but the thing you don't know is that govt has actually reduced gas prices from 1300 to 600-650 for industrial units. Today the APTMA (All Pakistan Textile Mills Association) has said that we are going to open every industrial unit in Punjab now because we feel like there's a government in Pakistan now. Care to research something.

 

[shah_123]

Pakistan "doing more" for IMF.Electricity rates and currency devaluation also expected soon

Asad Umar is fooling the nation and Mr. Imran Khan is either an idiot or fully on board with Asad Umar.

Qoam ko chuna lagnay walay hai.

 

[Yaseen1]

tax should also be imposed slowly and not at once.First generate employment then impose tax but here govt impose tax immediately and says employment generation will take time.taxes should grow proportionally with economic growth.pti will never end corruption mark my words they have many corrupts and nepotism reflects clearly from ik appointments as zulfibukhari and AbdulAleem khan are not appointed on merit and are appointed on personal relation basis.jahngir tareen is charing meeting of economic council in P.m house who is declared corrupt by sc.Those who are expecting ik will end corruption are in fools paradise.Western countries achieved a level of economic development so taxes are paid easily by people and no person is nutrition deficient due to poverty like in Pakistan.Our most population already hardly bear expenses of their family and in no position to pay more taxes like in west.All such announcements were also made in previous govt by APTMA like bodies but truth will only revealed when real output will be increased

And when kids like you start talking on economics insanity prevails.

Why don't you give a suggestion to tackle this crisis?



Imran Khan is doing everything to counter corruption and spending people money on them. Govt increasing minimum wage don't mean anything. Govt has to create jobs because when there will be more employment wages will rise automatically. Who is imposing taxes like west here in Pakistan? 70% of Canadians pay income tax while in Pakistan only 0.7 million? There is no tax caparison between high income nations and Pakistan. The thing is if govt will collect tax than they will spend that on people. There is never a 90 days solution for issues in economies of the world. Economic management requires time.

Let me tell you something more. You were saying that govt has increase gas prices but the thing you don't know is that govt has actually reduced gas prices from 1300 to 600-650 for industrial units. Today the APTMA (All Pakistan Textile Mills Association) has said that we are going to open every industrial unit in Punjab now because we feel like there's a government in Pakistan now. Care to research something.

 

[!eon]

And when kids like you start talking on economics insanity prevails.

Why don't you give a suggestion to tackle this crisis?

SO old man then where is TABDEELI ?

All this was doing previous govts already.

What's use of suggestions on this forum ? why do I waste my time here, writing long comments ?

 

[BetterPakistan]

tax should also be imposed slowly and not at once.First generate employment then impose tax but here govt impose tax immediately and says employment generation will take time.taxes should grow proportionally with economic growth.pti will never end corruption mark my words they have many corrupts and nepotism reflects clearly from ik appointments as zulfibukhari and AbdulAleem khan are not appointed on merit and are appointed on personal relation basis.jahngir tareen is charing meeting of economic council in P.m house who is declared corrupt by sc.Those who are expecting ik will end corruption are in fools paradise.Western countries achieved a level of economic development so taxes are paid easily by people and no person is nutrition deficient due to poverty like in Pakistan.Our most population already hardly bear expenses of their family and in no position to pay more taxes like in west.All such announcements were also made in previous govt by APTMA like bodies but truth will only revealed when real output will be increased

What does slowly mean?? After 1 year each new tax should be imposed lol..

Kiddo, from last 5 years gas prices didn't increase due to which there's a 300 billion debt on Sui which needs to be removed otherwise Sui will not be able to give any more gas. There was 2 solutions, first to increase prices or second to take 300 bn debt. Govt took the easy and better step. Poor will suffer only 20-40 Rs every month and for industries gas price has reduced from 1300 to 600-650 each unit. I don't understand where is the problem in this?? The rich or upper middle class people will have to pay more but kiddos like you are not understanding it.

Job creation needs money and there's no money in our treasury. In order to collect money proper taxation is being done which is causing problems to you guys. Why don't you suggest any other move in order to increase revenue?

People earning upto 1 lakh every month are exempted from tax what else do you need? Previously they were paying 5000 every month and now they don't need to pay anything.

SO old man then where is TABDEELI ?

All this was doing previous govts already.

What's use of suggestions on this forum ? why do I waste my time here, writing long comments ?

Previous govt played it politically. They put 300 bn debt on Sui and ran away. Now this govt burdened rich / upper class and relieved industries so that they become operational and our economy reaches 7% growth threshold. 7% growth threshold will be achieved when exports + FDI + Agriculture + Services + Industrial sector will grow.