CNIC Number as NTN in Pakistan

Posted in : Local News

(added few years ago!)
The step by government to make national identity card number as the national tax number is a good one, but the thing is that it’s not enough at all and is a start. Hardly anybody pays taxes here and the ones who pay, pay it by force as the tax get deducted at the source from their salaries. Traders, farmers, shop-keepers and many others don’t pay tax at all. The employees of armed forces, bureaucracy and many other public sector organizations enjoy tax breaks and tax let offs because of many loopholes. The whole system of tax collection is rotten at the core. The minister for finance, Ishaq Dar has certainly worked hard over the last year and has managed to steer Pakistan clear of bankruptcy but he needs to do more in realms of tax.
 
CNIC Number as NTN in Pakistan
 
That is a very unpopular thing to do and the whole government needs iron heart to implement that. PML-N’s core constituency is the traders and they have to have a lion’s heart to tax on their own voting community. With Imran Khan ready to go to any length and any low to dislodge the government, this will be a very very hard decision to take and seems unlikely unfortunately. The statistics show that a shortfall of Rs 196 billion in revenue collection is expected this year and the government has taken measures to reduce it by Rs 46 billion by imposing additional tax. Federal Board of Revenue has once again proven its incompetency. If PML-N cannot tax its trading community, at least it can overhaul the tax department or is it too much to ask?
 
Blog post Written by Dr. Hassan Isfahani and you can visit the original article at http://www.pkhope.com/
Tags : Federal, Board, Revenue, CNIC, Number, NTN, Pakistan, Government, Traders, Farmers, Shop, Keepers, Organization, Collection, Imran Khan, Tax, Employee, Minister, Identity, Card

Related Posts

» Prime Minister finance adviser says bad days gone, Pakistan moving towards economic stability

» Pakistan will never leave its Kashmiri brethren alone: COAS

» Black Day being observed across Pakistan

» Prime Minister Of Pakistan Imran Khan, And USA President Donald Trump to meet at White House today

» Some People are Jealous of My Success said Pakistani actress Meera

» Pakistan reopens airspace for civil aviation after India standoff

» New Zealand's Cricketer Mitchell Santner says not easy to prepare against unpredictable Pakistan

» Fresh currency notes: How and when to get them in Pakistan for Eid-ul-Fitr

(added few years ago!) / 1472 views

Comments (0)

Search this blog..

Top Stories of the week

Existing Users Login
User ID  
Password  
 
 
Join Now / Forgot Password

also you can..
Login with Facebook