• 4 months ago
Hamaray Han Jo Nokari Karte Hain Woh Tax Dete Hain, Miftah Ismail
Transcript
00:00The requirements are not in line with that.
00:02For example, the sacrifices that have been made to reduce the number of people,
00:08the sacrifices that have been made to the people, the sacrifices that have been made to the industry,
00:11unemployment has increased a lot.
00:13The growth of our economy is not increasing.
00:19So, our children who are growing up and going to work are becoming unemployed.
00:24So, the government has not made any sacrifices, it has only made sacrifices to the people.
00:29Even now, there are talks in the budget that there will be a development program of 1200 to 1500 billion rupees
00:35in which the MNAs give projects, etc.
00:38So, this is not a suitable thing.
00:40At the moment, you should reduce the expenses so that there is less loss and the State Bank has to print less money
00:46so that the notes are printed less and so that there is less inflation.
00:49The government is only leaving the State Bank and the State Bank is keeping so much interest rate that the economy is sitting.
00:59So, as a result of the high interest rate set to reduce inflation, you have said that
01:04unemployment and poverty have increased significantly, unfortunately.
01:07And the sacrifices have not only been made by the private sector and the taxpayers.
01:10However, that brings us to the million dollar question.
01:12Why did the loyal government not put its share in this sacrifice?
01:16And why did it not take any steps to do so?
01:18The expenses are increasing non-stop.
01:21We are creating heavy losses.
01:23And those who are going to work, I was told, when we interviewed the Finance Minister,
01:28that the NFC will be revisited.
01:30It was not done.
01:31There was no meeting.
01:32My request is that this government should be afraid of its own shadow.
01:36And we all know how many mandates they have brought.
01:39It is obvious that they work in fear.
01:42And it was necessary at that time that you have to change the NFC award.
01:47You will have to give these two taxes of property and interest to the loyal government.
01:52And you will have to reduce the money that the loyal government is giving to the provinces.
01:55They will not do it.
01:5610 crore people will leave you now.
01:58At the end of this year, how many more people will you put in poverty?
02:02But Mr. Miftai, tell us,
02:04it is still being discussed that instead of broadening the tax net to include big landlords or rich city dwellers,
02:13this year also there is an effort to collect taxes.
02:15Once again, manufacturing industry, pensioners, salaried class, employees,
02:18all attention has been focused on them.
02:20That is, only the middle class and pensioners will be taxed on manufacturing and corporations.
02:27And once again, textile industry is demanding the comparable tariff of Tawanai.
02:34IMF has ruled out all these exemptions and amnesties.
02:37And has said that they will not tolerate this.
02:39GST is also being discussed on the sale of spices.
02:41More taxes are being imposed on petrol and diesel.
02:44So, when the loyal government will now impose 18% sale tax on spices, milk, powder and other necessities,
02:49what will the people do, sir?
02:51Where will they go and bang their heads?
02:52What will they do?
02:54Look, Mehar, there are two principles of taxation.
02:58One is called horizontal equity.
03:00All the people who earn money, if they have equal salary or equal income,
03:04they should be taxed equally.
03:06In our case, if you are a job seeker, you have to pay tax.
03:09If you are a shopkeeper, you don't have to pay tax.
03:12If you have thousands of acres of land, you don't have to pay tax.
03:16So, you have violated the rule of horizontal equity.
03:20The second principle is vertical equity.
03:22Those who have more money should pay more tax.
03:25Even as a proportion of their income.
03:27We are not able to do that.
03:29We don't take tax from those who own properties worth billions of rupees.
03:34But we are saying that we will impose sales tax on medicines.
03:37We are saying that we will increase sales tax by 1%.
03:40I mean, if a driver or a shopkeeper buys a soap,
03:44we were saying earlier to pay 18%.
03:47Now, we are saying to pay 19%.
03:49This is what I am saying, Mr. Katakalami.
03:51Mr. Katakalami, if you increase 45% tax on the existing salary class,
03:57they are pressed against the wall.
04:01How will they live?
04:02Retail, wholesale, trade tax, real estate tax, agriculture, transport tax,
04:06tax on professionals, smuggling, under-invoicing.
04:09Why are they not paying attention to these things?
04:11Why are there no cuts in government expenditures?
04:13Why are state-owned enterprises not being shut down?
04:15Why are pensions not being replaced?
04:17How will all this debt be repaid?
04:19You have been a part of the system.
04:21What is the problem, sir?
04:22Look, the problem is that there are around 10 politicians in our system.
04:28So, what you are talking to me about,
04:30smuggling, under-invoicing,
04:32other things that you are talking about,
04:34and you are talking about the cream, utility prices,
04:36electricity bills,
04:38we don't listen to the politicians.
04:40We only listen that I will catch this,
04:42they will catch that, etc.
04:44This is one thing.
04:45The second thing is that
04:47it should be the will of the politicians to sit down.
04:50These are people's parties.
04:51They are sitting in Wafaaq.
04:52They are sitting in the highest positions of Wafaaq,
04:57of the chairman senate of this institution.
05:00So, it is their duty and Noon's duty.
05:03Nothing stops Noon from calling his committee,
05:06setting up a new committee for the NFC award and starting a meeting.
05:09Maybe there will be a decision, maybe not,
05:11but at least it is important to say this.
05:13The second thing is that we saw that
05:15when General Bajwa sahab had to give the first extension,
05:20340 people voted out of the 350 people in the assembly.
05:24So, when we have to do something
05:26and we feel that it is very important for the country,
05:29then all the politicians sit down.
05:32So, it is possible that the NFC should make the politicians aware of this,
05:36that do this thing,
05:38otherwise poverty will continue to increase in the country.
05:40If Wafaaq happens on the eve of Diwali,
05:44then how can the provinces and the country progress?
05:48If they don't understand this,
05:50then Pakistan is behind Bangladesh,
05:52India, Sri Lanka, Nepal.
05:56Now, Afghanistan is behind us.
05:58May Allah bless you.
05:59Thank you very much.
06:00Mirta Ismail was with us.
06:01You heard the conversation.
06:02Very short break.
06:03We are going to be right back.

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