My understanding is that the tax on sale of property, imposed via budget 2024 is misconceived by many. Please look at the ITO 2001 Schedule 1: Part 1: Division VIII. The 15% rate does NOT apply to all. Especially where holding period is more. Furthermore, the new taxes will be applicable to newly purchased properties
AA. Please is bat par program karain kay agar hum default kr jain to kia ho jay ga? Hamara adhay se ziada federal budget (9000 Billion Rs) sirf qarzon par interest payments main nikal jata hai. Kasay chalay ga mulk is tarah jab kuch bachta hi nai hai baki chezon kay liay? Kindly default par program karain aur batain kay default kay bad kia hamaray qarzay aur un par interest maf ho jain gay?
punjab and sindh high courts have given decision in favour of 7e. Balouchistan, islamabad and kpk high courts have given decision against the 7e. Now the case is with supreme court. Last decision was given by baluchistan high court, that is worth reading. Kindly raise this question with lawyer in the program to clarify.
I stumbled across this video thinking it'd be something like the news channel debate but I have to say, what a great video. Rana Asad Munir's way of explaining is very easy and simplified. Hats off buddy. Great content
NOTICE: Naz Textile PVT Ltd, Karachi is issued Factory closing notice to employees due to the current situation of Pakistan. after Budget 2024. Mean first export company is going to close. Thousends of emploees will be jobless. which is a Huge loss for the pakistan and economy. PLEASE NOTICE ..
Ali bhai... Kbi kbar koi live, koi show ho... Kch mosiqi py Burman sahab ki baat ho... Kch ap snain.. Kch gems hm jahil millennials k liye dhoond k lain... Pakistan dy roly bi mukny... Kaddy kaddy mitti pao
I have two residences in Denmark and Germany since 1970.Why Pakistani tax system is so complicated ?Dekhein Bhai jaan...Hamaray haan seedhi c baat hei ji,Whatever and from wherever you generate income,You pay income tax after deducting all the expenses...Matlab yeh hua keh Every Euro which is available for you to spend is taxable,Even if your son helps you with 5000 Euros as we do in Pakistan is taxable for the father.
Good informative show. Everyone discusses that we need to broaden the tax base which requires untaxed sectors to be brought under tax net. When the Govt brings them in tax net; this kind of debate on fundamental rights is ignited. Must ask the guest for potential solutions as well if this methodology is not used? And what do other countries do when people are not paying taxes? Task of broadening the tax base through goodwill has been practiced for the past 75 yrs and it has failed. Need concrete solution.
I don't want to say but some one declare war against citizens(like they are doing long ago), and forget that when some one try to fight for zeal than things gonna change.
Ali your guest looking like a real estate lobbyist. You should clarify that you are not are against real estate taxes. Real estate sector was untaxed for almost 2 decades and contributed next to nothing in our economy. True that this attempt is irrational but the logic behind these taxes are to unlock wealth that was undertaxed for 75 years. Govt has tried to incentivise the real estate sector but it yeilded nothing apart from property tycoons Apart from fiscal reason i have a suspicion that there is is a political reason to punish the property tycoons who are still funding anti establishment forces.
😂 I think you were living under a rock for 2 decades if you don't know real estate sector taxes. I know for a fact that real estate taxes have been there since at least the 1990s.
wakeel shb ko law ka bhi nahi pata, prospective purchase ki property par gain lagega, means woh property jo 1st july 2024 k bad purchase kari, aur 6 saal purani property par koi tax nahi hai, ya to yeh banda kisi agenda par hai, ya wakeel hi farigh hai, dusri wajah yeh bhi hai k, punjab me log return hi nahi bharte to tax ki knowledge kam hai
14:11 Nope, officially by Constitution you can declare anyone Kafir and Kafir will not have same rights as a Muslim (Muslim definition - apni anpi marzi)
Your guest is hiding behind the poor guy to protect the property barons. 85% of the property transactions are speculatives and he is giving disenguious reasons.
Wrong. Lots of Capital tax affecting is poor. Here is how, people in rural Pakistan sell land and that's their heritage lands that they sell on which the government has removed exemption of 10 years old properties pertaining to capital gains tax causing them to be left with a lot less money than they anticipated