The pot is boiling and a neglected and abused desperate nation is on verge of erupting into a volcano, if those at helm do not start taxing rich and giving relief to poor and elderly. Unfortunate reality is that neither the sitting government, nor opposition, nor establishment of this country has any concrete plans to address real issues that confront the poor and middle classes of this country. All that we see is a struggle for power, empty slogan mongering, change of faces and when they come to power, be it elected civil or uniformed elite, all that occurs is plundering of state assets, welfare of elite, nepotism, organised land grabbing, tax evasion, massive flight of capital and reducing state owned enterprises to entities for providing surplus jobs in violation of merit.
This is a country where even senior citizens have not been spared. Instead of giving relief to them, Finance Minister Ishaq Dar and FBR thought it appropriate to raise withholding tax from 10% to 15% on interest earned from deposits in the National Saving Centre. As citizens serving in the private sector who have paid income tax for decades, their compatriots serving in the government are denied benefit of Pension Benefit Account Scheme of NSC. Just look at callous disregard of FBR that even in the case where a joint account is held by a senior citizen with his dependent spouse or child, the withholding tax has been increased to 15%, even when senior citizen continues to be on active tax list.
Same is the situation for property tax in sole self-occupied house of a senior citizen living within cantonment board or city. For instance retired citizens who were employed in semi-autonomous corporations like CAA and PIA, although administratively under the Ministry Of Defence and on numerous occasions placed under Essential Services, are not allowed relief in property tax for senior citizens by cantonment board. The state does not seem to be bothered by the plight of retired citizens, whose pension emoluments are not enough to pay electricity bills, what to talk of two meals a day and other expenditures, but its heart melts when it deals with giving relief to those earning crores in real estate sales, stock exchange profits and tax relief through SRO for elite.
ALI MALIK TARIQ
Lahore
it is very true what you have written. The current Govt. is looting the tax payer's money and transferring it to their foreign accounts instead of giving relief to retired Citizens. Can someone ask about the foreign investment and assets PM NS and FM Ishaq Dar or even Zardari have ?
Bring that all looted money back to Pakistan to get rid of foreign loans.
U IDT IMRANKHAN TOUT !!! IMRANKHAN HAS ALL HARAAMS MONEYS IN LONDON DUBAI ..QUADRI IN LONDON N CANADA
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