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Posted by admin in " RIAZ THE SHAITAN OF PAKISTAN, Asif Zardari Crook Par Excellance, Extrajudicial Killings by PPP Government, ZARDAR'S CORRUPTION, ZARDARI:Killers Mastermind on April 17th, 2013
An investigative report found that less than a third of Pakistani lawmakers filed tax returns for 2011. The report said Pakistan’s President Asif Ali Zardari, photographed in Paris in December, did not file a return, though his spokesman says he did.
Kenzo Tribouillard/AFP/Getty Images
Tax evasion is a chronic problem in Pakistan — only about 2 percent of the population is registered in the tax system, and the government collects just 9 percent of the country’s wealth in taxes, one of the lowest rates in the world.
But now a new investigative report is making headlines. It says that just a third of the country’s 446 federal lawmakers bothered to file income tax returns last year.
“Tax evasion is a social norm in Pakistan,” says Umar Cheema, a reporter for the Pakistani English-language newspaper The News, and a founder of the Center for Investigative Reporting in Pakistan, whose first project is this report. “They are tax evaders. They are tax dodgers. And those who are paying some amount, it doesn’t match with their living style. They live like [a] prince, and they pay like a poor man.”
One of those who reportedly skipped filing was Pakistan’s president, Asif Ali Zardari.
Zardari’s spokesman has said the president did pay taxes last year, though he has yet to provide public proof of doing so. Cheema says he learned about Zardari and the other politicians with old-fashioned gumshoe reporting and a combination of publicly available data and questionnaires he sent to lawmakers.
Cheema’s report doesn’t take into account the taxes politicians pay on their parliamentary salaries; those taxes are automatically deducted from their paychecks.
The report focuses instead on supplementary income — what lawmakers make on their properties and businesses outside their parliamentary duties, many of which they do not declare.
The report’s findings made banner headlines in all the major Pakistani newspapers last week.
Naseer Rajput was shopping at a local market in Islamabad and said he was outraged.
“A poor man pays all his taxes, and those who get elected to become our rulers evade taxes. But they expect their people to pay?” Rajput says.
Mohammed Farooq, 40, agrees. He says he pays his taxes, and so should leaders.
“I have been a taxpayer since 1992 and submit my returns regularly, and pay taxes regularly,” Farooq says.
Hundreds of thousands of people have made money illegally, and the tax authorities never question them, he says. They don’t ask how they got their luxury vehicles or how they got their big houses — and maybe they should, he adds.
This is the kind of discussion Cheema was hoping to inspire.
“It has put on alert the people in Pakistan and abroad, and people realize in Pakistan who they are voting for,” Cheema says.
Cheema says the tax payments for those who did file on their supplementary incomes are laughably small.
Last year, Mushahid Hussain Sayed, a member of the Senate, paid just 82 rupees — a little less than $1 — in taxes, the report says.
In an email to Reuters, Sayed disputed the report, saying he actually had paid $6.
Cheema says that taxes are more than just money.
“This tax payment is something that establishes your relationship with the state, and when you don’t pay your taxes, your relationship with the state ceases to exist,” Cheema says.
Cheema plans to revisit the issue in the spring, when the Pakistani election is likely to be called. He hopes to make taxes a campaign issue.
Posted by admin in CHINA -PAKISTAN FRIENDSHIP, CHINA SHINING on April 16th, 2013
Posted by Rana Tanveer in BOOT THE SCOUNDRELS OR SHOWDAZ on April 16th, 2013
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Posted by admin in " RIAZ THE SHAITAN OF PAKISTAN, BOOT THE SCOUNDRELS OR SHOWDAZ, CIA AGENT NAWAZ SHARIF, Corruption, EXPATRIATE PAKISTANIS SPEAK-UP, LIAR POLITICIANS, Looters and Scam Artists, Morosi Siyasat & Political Crooks, Nawaz Sharif & Kashmiri Biradari, Nawaz Sharif Massive Corruption, NAWAZ SHARIF US & SAUDI AGENT, Nawaz Sharif Womanizer, PAKISTAN BILLION RUPEES LOAN DEFAULTER, Pakistan's Hall of Shame on April 16th, 2013
1. 1. CORRUPTION CASES
Nawaz Sharif and his cronies have always been working to plunder Pakistan’s wealth as their sole agenda. He expanded his business empire by misusing his authority as Chief Minister Punjab and Prime Minister Pakistan. And in order to gain financial benefits, he manipulated laws and changed policies. Likewise, in a bid to avoid accountability, the Nawaz Sharif Government amended “The Ehtasaab Act” and made it effective from “1990” instead of “1985” as proposed in the original text of the “Ehtasaab Act” prepared by the interim government of caretaker Prime Minister (Late) Mairaj Khalid (1996-97). And by bringing this change he cunningly saved his tenure of Chief Minister Punjab (1985-88) from accountability.
Despite all maneuvering following references were filed against the Sharifs:-
1. Nawaz Sharif, Shahbaz Sharif and others misused official resources causing a loss to the national exchequer of Rs 620million by developing 1800 acres of land in Raiwind at state expense.
2. Nawaz Sharif and Shahbaz Sharif are accused of whitening black money during their first tenure (1990-93) and causing a loss of Rs 180 million to the national exchequer by evading income/wealth tax.
3. Nawaz Sharif, Saif-ur-Rehman and others reduced import duty from 325% to 125% on import of luxury cars (BMW), causing a huge loss of Rs1.98 billion to the national exchequer.
4. On the imposition of emergency and freezing of foreign currency accounts, Nawaz Sharif and Saif-ur-Rehman removed 11 billion US dollars from Pakistani Banks illegally. Without the consent of account holders, Foreign Exchange Bearer Certificates (FEBC) accounts were frozen and foreign exchange was misappropriated.
5. Illegal appointments in Pakistan International Airlines (Nawaz Sharif and Saeed Mehdi).
6. Abbotabad land purchase scam (Nawaz Sharif and Sardar Mehtab Abbasi).
7. Availing bank loan for Ittefaq Foundries and Brothers Steel Mills without fulfilling legal requirements (Nawaz Sharif and Shahbaz Sharif).
8. Concealment of property in the US (Nawaz Sharif and Shahbaz Sharif).
9. Illegal appointments and promotions in Federal Investigation Agency (Nawaz Sharif).
10. US wheat purchase scam (Nawaz Sharif and Syeda Abida Hussain).
11. Murree land purchase scam (Nawaz Sharif and Saif-ur-Rehman)
12. Tax evasion (Nawaz Sharif and Shahbaz Sharif).
13. Forging of passports and money laundering (Nawaz Sharif and Ishaq Dar).
14. Concealment of private helicopter purchase while filing assets’ detail (Nawaz Sharif).
15. Favoring Kohinoor Energy Co, causing loss of Rs. 450 millions (Nawaz Sharif and Others).
16. Illegal cash finance facility given to Brothers Sugar Mills (Nawaz Sharif and Shahbaz Sharif).
17. Bribe offered to ANP’s Senator Qazi Mohammad Anwer (Nawaz Sharif and Others).
18. Hudaibiya Paper Mills Reference against Sharif brothers and Ishaq Dar.
19. Illegally appointing Chairman Central Board of Revenue (Nawaz Sharif)
20. Whitening of black money by amending laws (Nawaz Sharif and Shahbaz Sharif).
21. Causing Rs. 35 billion loss by writing off/rescheduling bank loans (Nawaz Sharif and Ishaq Dar).
22. Bribing (late) Maulana Sattar Niazi from National Exchequer (Nawaz Sharif and Others).
23. Plundering Rs. 200 million from Jahez and Baitul Maal funds (Nawaz Sharif & Others)
24. Opening fictitious foreign currency accounts (Nawaz Sharif and Ishaq Dar).
25. Making 130 political appointments in federal departments (Nawaz Sharif).
26. Relaxing export duty and rebate to transport sugar to India (Nawaz Sharif).
27. Whitening of money through FEBC (Nawaz Sharif).
28. Wealth Tax evasion (Nawaz Sharif).
29. Concealment of facts to evade property tax (Nawaz Sharif).
30. Withdrawal of case against Senator Islamuddin Sheikh (Nawaz Sharif, & Ishaq Dar).
1. 2. FINANCIAL GAINS BY USING HIS AUTHORITY AS PRIME MINISTER