What's new

Sharif family Tax details

Saifullah Sani

SENIOR MEMBER
Joined
Apr 15, 2011
Messages
3,339
Reaction score
2
Country
Pakistan
Location
Pakistan
Nawaz paid Rs2.5m, Shahbaz Rs5m in taxes​
By Asad Kharal​

Nawaz Sharif paid Rs2.5 million in taxes in 2010-11, while Punjab Chief Minister Shahbaz Sharif paid Rs5 million, according to records of the Federal Bureau of Revenue.
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. Last year, he had paid Rs2 million from his earnings from the mill.
Shahbaz, however, paid a total of Rs6.43 million in the last three years: Rs5 million last year, Rs0.7 million for year ending June 2010 and Rs0.66 million for year ending June 2009.
The Sharif family owns five businesses, in which the Sharif brothers have varying shares, which have collectively paid Rs6.72 billion in taxes since early 90s till now.
Chaudhry Sugar Mills Ltd has paid a total tax of Rs3.11 billion between 1993 and 2010. Last year, the mill paid Rs134 million in taxes. Ramzan Sugar Mills Ltd has paid Rs3.15 billion in taxes since 1992 and 2009. Tax payments for the last two years are not mentioned in the documents, but the mill paid Rs200 million for the year 2008-09.
Mehran Ramzan Textile Mills Ltd paid total tax of Rs8 million for year ending on June 30, 2006. The mill has paid Rs166.7 million between 1993 and 2006, but records since then are not available.
Hamza Board Mills Ltd has paid Rs163.03 million between 1993 and 2006, when it paid Rs11.2 million. Records since then are unavailable.
Hudaibiya Engineering Co. (pvt.) Ltd has paid Rs91.83 million between 1994 and 2010. Last year, it paid Rs18.3 million.
Nawaz paid Rs2.5m, Shahbaz Rs5m in taxes – The Express Tribune
 
. .
Rs2.5 million last year..these people are billionaires and they pay only 25 lakh rs as tax?
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. Last year, he had paid Rs2 million from his earnings from the mill.
 
.
Nawaz paid Rs2.5m, Shahbaz Rs5m in taxes​
By Asad Kharal​

Nawaz Sharif paid Rs2.5 million in taxes in 2010-11, while Punjab Chief Minister Shahbaz Sharif paid Rs5 million, according to records of the Federal Bureau of Revenue.
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. Last year, he had paid Rs2 million from his earnings from the mill.
Shahbaz, however, paid a total of Rs6.43 million in the last three years: Rs5 million last year, Rs0.7 million for year ending June 2010 and Rs0.66 million for year ending June 2009.
The Sharif family owns five businesses, in which the Sharif brothers have varying shares, which have collectively paid Rs6.72 billion in taxes since early 90s till now.
Chaudhry Sugar Mills Ltd has paid a total tax of Rs3.11 billion between 1993 and 2010. Last year, the mill paid Rs134 million in taxes. Ramzan Sugar Mills Ltd has paid Rs3.15 billion in taxes since 1992 and 2009. Tax payments for the last two years are not mentioned in the documents, but the mill paid Rs200 million for the year 2008-09.
Mehran Ramzan Textile Mills Ltd paid total tax of Rs8 million for year ending on June 30, 2006. The mill has paid Rs166.7 million between 1993 and 2006, but records since then are not available.
Hamza Board Mills Ltd has paid Rs163.03 million between 1993 and 2006, when it paid Rs11.2 million. Records since then are unavailable.
Hudaibiya Engineering Co. (pvt.) Ltd has paid Rs91.83 million between 1994 and 2010. Last year, it paid Rs18.3 million.
Nawaz paid Rs2.5m, Shahbaz Rs5m in taxes – The Express Tribune

Tax na do bijli ka bill tou day do
 
. . . . .
How much income tax
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. Last year, he had paid Rs2 million from his earnings from the mill.
Shahbaz, however, paid a total of Rs6.43 million in the last three years: Rs5 million last year, Rs0.7 million for year ending June 2010 and Rs0.66 million for year ending June 2009.
 
.
I am no Rocket Scientist But

2,500,000.00 PKR = 27,593.82 USD

I am expected to Believe that , Corporation owners 5 companies in Pakistan only Pay 27 , 000 usd Tax

My relative pays 9 ,000 USD tax and he owns no corporation
That is a white collar Man`s tax ....

A Corporation makes 1000 % to 5000% more income then a white collar man ...

Things do not Add up

Its not a contest of COMPARATIVE TAX PAYMENT you pay taxes on your Net Income !!! If you hide your assets That is a CRIME

Send these Tax Evaders to Jail now


Minimum Salary Man probbly Pays 4,000-5,000 USD tax

Is Nawaz Sharaif Assets ... only 5 times that of a Hamburger flipper
 
. .
The whole Sharif family should get the death sentence, corrupt motherf--kers.

And to think they own a political party and people even vote for them, even poor people vote for Sharif, what morons.
 
.
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. Last year, he had paid Rs2 million from his earnings from the mill.
Shahbaz, however, paid a total of Rs6.43 million in the last three years: Rs5 million last year, Rs0.7 million for year ending June 2010 and Rs0.66 million for year ending June 2009.

No sir the tax paid by NS is only income tax
For example his mill produced 5kg sugar and it's sale price is Rs 100 which includes 15 sales tax, he paid this 15 Rs tax to government and sold it to you and got Rs 100 from you then who paid this 15 Rs tax, you or NS but he includes in his tax return. You can further include taxes on electricity, gas and raw materials which are included in Rs 100 cost but NS shows it as if has paid those taxes.
By the way I forgot to tell you that actually factory produced 15 and there was a corrupt tax inspector who got Rs 5 his share and Rs 25 did not go to national exchequer and went into pocket of NS whereas you and other two guys who purchased 5 kg each paid full sales tax.
This was just a hypothetical example, I leave rest to your assumption.

God bless us all
 
.
If Every one Give Tex to Government & the government serve this Tex for peoples than no one remind in unemployment, poor, illiterate, illness ets,,

America remind nothing in developer than Pakistan catch the skyscraper... Why China so rapidly developing in past till know but due to Socialism.
 
.
Lol...Bhai what he paid was sales tax and not income tax. Better we familiarize ourselves with kinds of tax. Sales tax is paid by the consumer not by the producer.

How much tax have he paid according to the last income tax return filed by NS?
 
.

Pakistan Defence Latest Posts

Pakistan Affairs Latest Posts

Back
Top Bottom