Prime Minister Nawaz Sharif paid personal tax amounting to Rs 35.9 million over a period of 23 years, starting from 1993-2016, according to details released by the National Assembly Secretariat on Tuesday.
Nawaz Sharif had submitted his personal and business tax details to National Assembly Speaker Ayaz Sadiq before commencing his ‘policy statement’ on the Panama Papers issue.
According to the documents, the premier paid tax amounting to Rs 10.4 million from 1993 to 2007, the year he returned from his exile. During the 14 year period, Nawaz was in exile for seven years, starting in 2000.
Tax records for the years of 2007-2009 are missing in the details provided to the House speaker. The premier resumed paying taxes during fiscal year 2009-2010, during which he paid Rs 2.7 million in tax.
For the current fiscal year, the prime minister has paid tax amounting to Rs 2.5 million.
The documents also stated that the Sharif Group had paid taxes amounting to Rs 9.8 billion from October 1993 to April 2016.
Chaudhry Sugar Mills Ltd and Ramzan Sugar Mills Ltd paid taxes amounting to Rs 5 billion and Rs 4 billion respectively, during the period mentioned.
During his address to the House on Monday, the prime minister had claimed that his father had left him enough money to buy properties in London.
The PM presented documentary evidence of taxes worth Rs 10 billion, which his family had paid over the past 23 years, and details of the sale of two steel mills; one in the UAE which was sold in 1980 for 33.37 million dirhams, and another in Saudi Arabia, whose sale netted his family $17m in 2005.
But how much did you steal from Pakistan? Answer that Mr Sharif?
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