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Asfandyar Farrukh Profile
Asfandyar Farrukh

@asfandyarf

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Following
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Eternal Optimist | Obsessed with scaling the Retail & eCommerce ecosystem | Curious about Macroecon, Taxation & Digital Payments | Leather lifer | Football fan

๐Ÿ‡ต๐Ÿ‡ฐ
Joined January 2012
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@asfandyarf
Asfandyar Farrukh
3 years
The following sums up the average Pakistani conversation: Great minds discuss ideas; average minds discuss events; small minds discuss people." - Eleanor Roosevelt This must change, from the bottom up since the top wants to keep the public distracted while they take the spoils.
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@Asad_Ashah
Asad Ali Shah
5 months
Nations donโ€™t fail by collapsing suddenly. They fail by clinging to โ€œnormalโ€ until it quietly eats away their future. My column in todayโ€™s The News is based on a central idea from Jeff Bezosโ€™ (one of brightest minds of our time) last letter to Amazonโ€™s shareholders โ€” that
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@MJibranNasir
M. Jibran Nasir ๐Ÿ‡ต๐Ÿ‡ธ
6 months
The different lists of Pakistan which ban your travel abroad. ECL (Exit Control List): Only Federal Cabinet allowed to place name on the list. Duration 120 days extendable by 90 days unless challenged in Court. PNIL (Provisional National Identification List): No official law
@AsadAToor
Asad Ali Toor
6 months
๐Ÿšจ๐Ÿšจ In personal announcement, I was travelling from #Islamabad international airport for Washington to attend 12 day @StateDept IVLP program proposed by @usembislamabad but barred from traveling by immigration authorities, stated my name is on the PNIL. I repeatedly asked the
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@Asad_Ashah
Asad Ali Shah
7 months
๐Ÿ”ต Rethink. Innovate. Export. In my latest article for The News, I argue that unless we fundamentally rethink our economic model โ€” from taxing survival to rewarding productivity, from inward-looking policies to global competitiveness โ€” sustainable growth will remain out of
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thenews.com.pk
Pakistanโ€™s economic trajectory remains stifled by structural inefficiencies, short-termism and a domestic market that simply cannot sustain long-term growth. Inflation may have cooled, but...
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@Huk06
Habibullah Khan
7 months
Ecommerce just got more expensive across the board. It is now 2% cheaper for me to go to someone who takes cash, smuggles his goods in and and does not pay his taxes. This is special levels of dumb.
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@nadeemhaque
Nadeem Haque
7 months
All Pakistan governments repeatedly lie that we are not paying taxes to cover up that 1. It has bad tax policy that seeks high complicated multiple taxes that ore hugely onerous 2. the collectors may have issues with the policy and find ways out 3. That such high and
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@pkrevenue
PkRevenue
7 months
FTO directs FBR to cease sealing of Tier-1 retail outlets The Federal Tax Ombudsman (FTO) has ordered the Federal Board of Revenue (FBR) to immediately halt the sealing of Tier-1 retail outlets. Read More:
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pkrevenue.com
In a significant decision for Pakistanโ€™s formal retail sector, the FTO has ordered FBR to immediately halt the sealing of Tier-1 retail
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@rogueonomist
Ammar Khan
7 months
The tax structure for salaried individuals in Pakistan is not just lopsided, its so lopsided, there is no side left anymore. 14% of salaried taxpayers are in the top tax bracket -- while for most other countries, this % is below 1%. If 14% are in your top bracket -- that is a
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@asfandyarf
Asfandyar Farrukh
7 months
๐™‹๐™–๐™ ๐™ž๐™จ๐™ฉ๐™–๐™ฃ'๐™จ ๐˜ฟ๐™ž๐™œ๐™ž๐™ฉ๐™–๐™ก ๐™š๐™˜๐™ค๐™ฃ๐™ค๐™ข๐™ฎ ๐™ž๐™จ ๐™ช๐™ฃ๐™™๐™š๐™ง ๐™ฉ๐™๐™ง๐™š๐™–๐™ฉ - #๐™€๐™˜๐™ค๐™ข๐™๐™–๐™ญ๐˜พ๐™ง๐™ž๐™จ๐™ž๐™จ ๐˜ผ๐™ก๐™š๐™ง๐™ฉ! Sign & share: https://t.co/3sikHOK83d Together, let's build Digital Pakistan โ€” not burden it. #EcomTaxCrisis #HeavyComplianceSeBachao #SaveOnlineSMEs
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@asfandyarf
Asfandyar Farrukh
7 months
The Federal Government has washed away any semblance of goodwill it hoped to generate from the minor relief in taxes on salaried persons. This is what happens when ad hoc decisions are taken, especially when it is to placate civil servants at the cost of the larger workforce.
@raftardotcom
Raftar
7 months
So hereโ€™s what happened: Govt agreed with IMF to cut tax on incomes up to Rs1.2m from 5% to 1%. Finance Bill also showed 1% but cabinet raised it back to 2.5%โ€”to fund 10% pay raise for govt employees.
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@iwasnevrhere_
Thomas Keith
7 months
Absolute clown take. These guys see a 200-jet precision raid backed by decades of U.S. air supremacy, stealth platforms, and total electronic warfare integration, and think Delhi could just copy-paste it across the Himalayas into Pakistani airspace, like it's a sandbox sim.
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@asfandyarf
Asfandyar Farrukh
7 months
We need fair, phased reforms โ€” not heavy compliance shocks. Letโ€™s consult, not disrupt. Letโ€™s build, not burden. ๐Ÿ“ข @FBRSpokesperson @FinMinistryPak @MOC_Pakistan โ€” time to engage with stakeholders! #EcomTaxCrisis #HeavyComplianceSeBachao #SaveOnlineSMEs #DigitalPakistan
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@asfandyarf
Asfandyar Farrukh
7 months
๐Ÿšจ E-commerce tax measures in #FinanceBill2025 could harm ๐Ÿ‡ต๐Ÿ‡ฐ's digital economy. โœ… Support 5% levy on offshore platforms like Temu. โŒ But complex ST + IT withholding & harsh penalties on local players will stall progress. #EcomTaxCrisis #HeavyComplianceSeBachao #SaveOnlineSMEs
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@Mushahid
Mushahid Hussain Sayed
10 months
In May 2011, at Jt Session of Parliament after OBL incident, DG ISI was asked โ€˜how come OBL managed to come & stay in Pakistanโ€™, DGI answered: โ€˜because Pakistan is a soft state, with soft bordersโ€™! What are other ingredients of a โ€˜Soft Stateโ€™: absence of Rule of Law, absence of
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@raftardotcom
Raftar
10 months
Raftar Ko Barhnay Do! Share this message as widely as possible #releasefarhanmallick #farhanmallick #Raftar
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@murtazahsyed
Murtaza Syed
11 months
35 yrs ago, when India began its spectacular reforms, it relied on this 30 page document called Mโ€”a masterpiece crafted by its technocrats & championed by its brave PM Rao: https://t.co/CFHpVNZXP6 35 yrs later, Pakistan has Uraan: https://t.co/wwdTdeNVIu Compare (and weep)โ€ฆ
the1991project.com
ย  Speech Transcript Towards a Restructuring of Industrial, Trade, and Fiscal Policies Paper for Internal Discussion in Government prepa...
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@FariehaAziz
Farieha Aziz
1 year
In this episode of the DigiPod on Dawn News English, I spoke to @asfandyarf, a member of the national e-commerce council & chairperson Chainstore Association of Pakistan, about the digital services used by users in PK & the impediments in making payments. https://t.co/eq6DkWiM2K
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@rogueonomist
Ammar Khan
1 year
Provinces trying to buy an asset-intensive business with net margins in low single digits, using funds provided through NFC allocations, while subsidizing the same airline through more public money. The jokes write themselves at this point.
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@NuktaPakistan
Nukta Pakistan
1 year
On the one hand, a minister appears on TV, detailing how much the country loses because of a day-long shutdown. Yet later, the same federal government announces a three-day closure in the twin cities. #nukta #nuktapakistan #twincities #shutdown
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@Bureaucracy3533
Bureaucracy
1 year
FBR PESHAWAR /MARDAN FORGIVE MILLIONS OF TAX ON RS 120 MILLION DECREE PASSED BY SESSION JUDGE MARDAN IN FAVOR OF A BILLIONAIRE NAMED WILAYAT KHAN S/O SHER ALAM CNIC 1610121187571 AND HIS CAMPANION. @FBRSpokesperson @IRSPakistan @Pak_Customs @PakCustoms2024 @GovernmentKP
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