PMLN Leader Afnanullah raises important question regarding Tax

  • last month
Transcript
00:00Mr. Afnanullah, the government has a lot of work to do, but the traders have shown their strength.
00:12In the recent past, the traders have carried out a massive strike.
00:17How will they deal with this?
00:20Mr. Afnanullah?
00:22In the name of God, the Most Gracious, the Most Merciful.
00:25Look, it is the right of the traders to strike.
00:30If they want to strike, then the law and regulations allow them to do so.
00:36But they should understand that a scheme under which a tax of Rs. 100 to Rs. 10,000 per month
00:45will be given by the retailers and wholesalers, depending on their revenue.
00:53This is not a big amount.
00:57If this amount is collected, then they will pay a tax of Rs. 17.5 billion.
01:03So, it will be about Rs. 50 billion.
01:06But if you look at the salary class, they will pay a tax of Rs. 400 billion this year.
01:12The salary class is below the business class.
01:22They are paying a tax of Rs. 400 billion.
01:25The business class is paying a tax of Rs. 17.5 billion.
01:28But they are being asked to pay a tax.
01:30You tell me, is this a fair matter?
01:34Look, Mr. Rafnaat, Mr. Javed will tell you in detail.
01:37He says that, as you said, the tax should be on the revenue.
01:41He says, I have heard this from various programs,
01:44that you have put it in the valuation that if the shop is this much, then the tax is this much.
01:48This does not happen anywhere in the world.
01:49He says this.
01:50Look, the thing is that if they think that they have a better advice according to the criteria,
01:58then we are absolutely ready to listen.
02:01Look, if the size of the shop is big, then its business and its rent will be high,
02:07its electricity bill will be high, its tax will be high, its revenue will be high.
02:10If the shop is small, then of course it will be less.
02:13So, according to that, let's say if someone has some other idea,
02:16electricity bill or some other idea.
02:18So, he should understand his idea.
02:20But he says that, look, no more weight can be put on the salary class.
02:27And this is the affluent class of our country, the commercial class.
02:32The salaried class is much better.
02:34So, despite that, if they do not pay tax, then this is a matter of regret, I can say this.
02:38And as far as it has been said that tax should be imposed on the rest of the classes,
02:42on agriculture, and the rest of the classes,
02:45I absolutely agree that this should not happen,
02:48that we will not pay tax by saying one class.
02:51Everyone should pay tax.
02:52And you, Mr. Afnan, also agree that in this budget,
02:54we have not seen any reform,
02:56in which we say that the beginning of revolutionary steps has been right,
03:00that these classes should be brought into the tax net in a good way.
03:03Have you seen any such revolutionary step in this budget, Mr. Afnan?
03:07Look, this Taj-e-Daw scheme, this extension, this program is being further extended.
03:14And there is a country in the IMF program.
03:17We have set targets for tax collection.
03:20According to that, we are moving forward.
03:22And I think that our businessmen should take a good view while keeping the situation of the country in mind.
03:30This should be looked at in a better way.
03:34Because, you tell me, there are such big challenges in the country.
03:38If we do this, if we strike, and there is such a low amount of tax,
03:44Rs. 100 to Rs. 10,000 per month,
03:46if businessmen cannot even pay this, then you tell me how to move forward.
03:50Then the rest of the classes, you will directly take the tax.
03:54You are saying Rs. 100 to Rs. 10,000.
03:55Ismail Sahab was telling a bigger number than this.
03:57Okay, noted, fine.
03:58Mr. Javed, please, a specific question.
04:01Then I will take the clarification from Shabbar Bhai.
04:02What is the problem with the Taj-e-Daw scheme?
04:04Tell us precisely, which is wrong and which is not.
04:07Look, first of all, the tax they have imposed on valuation,
04:11is our biggest objection.
04:13And what is that? Explain it in simple words.
04:15In simple words, they will determine the rent.
04:18They will say that this is a shop worth Rs. 2 crores.
04:20They will determine the rent and impose the tax on it.
04:23And the Senator who is saying that this is a tax of Rs. 1,000 to Rs. 10,000,
04:29he has sent a notice of Rs. 60,000 to the FDR.
04:32And he is saying that a small trader is paying Rs. 17 billion.
04:36So my friend has very little knowledge.
04:40Overall, the smallest trader and our government is paying the highest tax.
04:46And the country cannot run without tax.
04:48We have never refused to pay tax.
04:51We have said that it should be an easy way.
04:53And this tax scheme will not stop here.
04:56The tax that they imposed on the shops at that time,
04:59that Rs. 1,200 per month will be imposed on you.
05:05But along with this, they did one more thing,
05:07which is already in the registration of the people,
05:11they also came under the Taj-e-Daw scheme.
05:14What kind of law is this?
05:16In which country is this tax imposed on them?
05:18So you are saying that your basic objection is that
05:20the 10% tax on market value,
05:22you have an objection on that.
05:24You are saying that as much as...
05:26Absolutely, Mr. Badami, you are right.

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