TheBigShort
@afahim
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PSX, interest in economics, finance Techie at heart
Joined February 2009
Now that PIA doesn't need more money. Can the salaried class get a tax cut.
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While many are excited about the improvement in PIA's service post privatisation - I'm worrying about them omitting the food trolley and warm gulaab jaamuns from their menu to cut costs.
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Pakistani U19 dominating their Indian counterparts show that the u19 infrastructure is at par in both countries. The problem lies after this.
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The next generation is just as bad. Only wraps the idea in better words. The biggest problem is tax (in) equity. The formal non-agri sector is paying through it's teeth. While the agri pays very small amounts.
If Pakistan is serious about increasing tax revenue, we need to: 1. Drastically expand the tax base. Make it seamless (digitally) to become a filer. And EXTREMELY inconvenient not to be one. Make it painful. 2. Tax the rich hard. Not just income. Tax luxury. Tax lifestyle. 300%
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FBR suspends fresh property valuations. The news piece quotes DHA a couple of times. I wish DHA had written a letter pointing out problems for the salary class as well. They also pay salaries to their employees.
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I am in disbelief Netflix is worth half a trillion dollars When pirate streaming sites exist ??? Are people so lazy they can't google "online movies free" Literally every single website on that search result works. Just get an ad blocker. How dumb are ppl lol. Short $NFLX
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Headline of the day Pak: Gets new F-16 (avionics upgrade) Inida: 67B investments by Amazon, Google & MSFT Everything else is just noise.
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Europeans are also idiots. What happens if they revoke the GSP+ status. The economy will suffer, the businesses suffer. The regime stays as-is. Why doesn't the EU just sanction the judge or the regime, their relatives.
Irrespective of the merit of the case, Norwegian ambassador’s arrival in the court to ‘observe’ the proceedings doesn’t convey a good message. https://t.co/1ALwkQdx2B
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Having taken my family to Shifa hospitals multiple times, I don't know if I can, in good conscience, consider it an ethical place. Hence a share I'd probably not call ethical.
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Office boy finally able to open Bank Account after 2 months of struggle He was so happy that he ended up bringing mithai for whole office Bank refused to open his corporate bank account because his salary was less than 70k.
You cannot open bank account if your salary is less than 70k Forget about opening an account if you don’t have any source of income
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In Pakistan, the last date for filing income tax returns was 31st October. It’s been almost one months and 5 days now (almost 5 weeks)— but let’s be honest: nobody has received an automatic tax refund and obviously nobody will. Because in Pakistan, refunds are NOT automatic.
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And on top of that, the monetisation allowance paid to these babus of BS-20 to BS-22 is taxed at just 5% instead of the standard salary tax rates under the slabs, as per Clause 27 of Part II of the Second Schedule. @CMShehbaz why are they getting this preferential tax treatment
وفاقی حکومت گریڈ 20 سے 22 کے افسران کو monetization allowance کی مد سالانہ 1 ارب روپے سے زائد دے رہی پے مگر اپریشنل ڈیوٹی کے نام پر گاڑیاں اور پٹرول کا بے دریغ استعمال ہو رہا ہے
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minister muddasir malik is the man for this job. Spokespersonery is best with that one.
Tommy Robinson was also in jail for months, how many times he had political meetings in jail & what directions he issued to run his party affairs. Why @SkyNews Yalda Hakim is taking side of a convicted criminal Imran Khan after meeting his friend Cheeku
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