Well of course it will be in smooth Sailing
200,000,000 (200 Million Pakistani Citizen eat/buy stuff daily/Marriages/Dinner party)
50% Are working , so 100,000,000 (100 Million people lets say are responsible for Sales Tax conservative figure)
Monthly they make $750 (Conservative figure they make $750 per month)
Here I am
not taking account for Businesses and big companies or big Shopping plaza owners or factory owners , or News agency owners or Ice cream factory owners
Total Wallet money in all Pakistani pocket in Pakistani Pocket (100,000,000 x $750) = 75,000,000,000 Billion dollar
#1 thing you will say is wow I dd not realize how much money we have in our own pockets it may appear less in your own individual basis but when viewed as collective at national level the sum is huge
Now , we need to collect the dues for Pakistani Government from this amount 35%
75,000,000,000 x 0.35 = 26,250,000,000
(26.25 Billion Dollar collected by Pakistani Government)
If the calculation was done with $750 average income in Pakistan we can make 26.25 Billion
If calculation was done with $350 average income in Pakistan we can make 13.55 Billion(Approx)
NOTE ONLY A PROFESSIONAL ECONOMIST OR STATS person can tell us if Pakistani make average $350 per month or $750 per month
26.25 Billion <----- One year after fully implemented if assumption was made every working pakistani makes $750 per month and 0.35 tax applied on it as sales tax
Easy to see how this fund will help social areas
- 5 Billion Hospitals improvements (One year booster pay)
- 5 Billion for Schools improvements (One year booster pay)
- 5 Billion for Police Reformation (One year booster pay)
- 9 Billion for Foreign Exchange / Debt Payment / DAM fund
- 1 Billion for Health Care Card / Orphan & Widow support
- 1 Billion Addition for Defense Research / Space Programs
13.55 Billion <----- If we took a low pay scale average of $350 1 man income per month
Easy to see how this fund will help social areas
- 2 Billion Hospitals improvements (One year booster pay)
- 2 Billion for Schools improvements (One year booster pay)
- 2 Billion for Police Reformation (One year booster pay)
- 5 Billion for Foreign Exchange / Debt Payment / DAM fund
- 1 Billion for Health Care Card / Orphan & Widow support
- 1 Billion Addition for Defense Research / Space Programs
After the first year collection , your hospitals / schools / police is fixed so year two you will automatically spend less on these segments in year 2
---------------------------------------------------------------------------------------------------
Money from Remittance :
18,000,000,000 USD Billion at that point is going 100% in
Foreign Reserve
The money trades daily ... yearly it is hiding in our own pockets
Right now the biggest problem Pakistan has is we can't collect this 13 Billion to 26 Billion correctly into National Account, when citizens do thair daily trade , this money passes from hand to hand with government getting no benefits
Salary stats in Pakistan
Farmers in rural areas : ?????
Servant (House maid) : Rs 5,000/Month =
$40 USD per month @ At Risk Low income
Private Driver : Rs 21,221/Month = $169 USD per month @ At Risk Low income
**Such people should be issued a refund each month (Check government pays them back)
--------------------------------------------------------------------------------------------------
Ideally all entry level Jobs (Requiring Degree) should start at
$350 USD per month
Yellow/Black Taxi Driver Rs 1,000/ day income = 30,000 Rupees per month = 240 USD /month
Teacher : ₨26,500/month = $212 USD per month (Teach private tuition)
NUST Lecturer salaries : ₨60,000/mo = $480 per month
Junior Accountant : Rs 22,549 = $180 USD per month
Senior Accountant : 54,333 PKR = $438 USD per month
Marketing Manager - Monthly = ₨127K = $1016 USD per month
Engineer : ₨38,000/month = $308 USD per month
Chemical Engineer - Monthly : ₨26K = $206 USD per month
Assistant Manager - Monthly = ₨34,500/mon = $276 per month
Doctor, General (Karachi): Rupees 72,000 = $576 USD per month
Salary of Medical Officers (KPK) : Rs. 123,000/month = $984 per month
Boeing 777 Captain : PKR 150,000/- per month = $1200 USD per month
Attorney-general will get Rs 606,811 = $4,848 USD per month
Lawyer salaries RS 239,583 = $1,916 USD per month
Senior Software Engineer (Lahore) = ₨92,500/mo = $740 per month
Famous TV personality (Wasim Badami) = Rs. 3.5 million per month = $28,000 USD per month (I assumed 3.5 Million rupee = 3,500,000 rupees)
PCB Monthly Retainer Fee Central Contract – (Rs 500,000 per month) =
$4,000 USD
Politcian Salaries : (Before PTI Election victory)
534 MNA , they logged expenses Rs. 85,440,000,000 = 683 Million Dollar for their hard work (On top of salary) what kind of tea biscuit totals 683 Million Dollars??? ?
Full Perks (Before PTI Election victory)
Salary & Govt. Concessions for a Member of NATIONAL ASSEMBLY (MNA)
Monthly Salary : Rs. 120,000 to 200,000 = $1600 per month
Expense for Constitution per month : Rs.100,000
Office expenditure per month : Rs.140,000
Traveling concession (Rs. 8 per km) : Rs.48,000 (For a visit to ISLAMABAD & return): 6000 km
Daily BETA during Assembly meets : Rs.500
Charge for 1st class (A/C) in train : Free (For any number of times all over PAKISTAN)
Charge for Business Class in flights: Free for 40 trips / year (With wife or P.A.)
Rent for Govt. hostel any where: Free
Electricity costs at home : Free up to 50,000 units
Local phone call charge : Free up to 1,70,000 calls
TOTAL expense for a MNA per year : Rs. 32,000,000
TOTAL expense for 5 years : Rs. 1,60,000,000
For 534 MNA, the expense for 5 years : Rs. 85,440,000,000 (more than 800 corores)
And they are elected by THE PEOPLE OF PAKISTAN, through a democratic process of this world, not intruded into the assembly on their own or by any qualification.
544 MNA each used 1.2 Million Dollar (1,200,000) each !!! Each used 15 CRORE Each for chai pani
Salaries of Bank executives
UBL : 123 million rupee yearly salary = $984,000 USD/year = $82,000/month USD
I think a 35% sales tax is needed in Pakistan as a lot of professions are between the 350-700 Dollar range target