"Sari nakami Hamarey Tax Collection System ki Hai..."Saleem Mandviwalla's Shocking Statement
"Sari nakami Hamarey Tax Collection System ki Hai..."Saleem Mandviwalla's Shocking Statement
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00:00Salaried or non-salaried tax, which is Rs. 225 billion, has interesting tax rates in which there is no uniformity.
00:07You are absolutely right.
00:09There is no increase in the tax salary income up to Rs. 50,000.
00:14There is an increase after that.
00:16And that increase is not justified.
00:20It should be increased.
00:22But do not increase it so much that it becomes absurd.
00:28You can increase it by 10-20%.
00:32That is absolutely right.
00:33I totally agree with this.
00:35But my point is that this salary taxation,
00:39Pakistan's total taxation is 12,970 billion.
00:47From an amount point of view, this is not at all relevant.
00:51Because there is not a lot of collection.
00:53But we harass people for no reason.
00:57We corrupt people and take action against the government.
01:01And the IMF does not understand that if I increase the salary tax a lot,
01:05how much money will I collect?
01:07This is a case of crime without respect.
01:10They should not do this for no reason.
01:14Mr. Mandibari, you talk about food, clothing and housing.
01:16There is no government without you.
01:18It is a different matter that you are not being put in any account.
01:22And it is being taken very lightly.
01:24In Wafaaq and Punjab.
01:26But is this not against the very social contract
01:29that the INF makes people believe?
01:32If you look at it from the point of view of equality.
01:35I agree with you.
01:37There is no doubt about this.
01:39We have to talk to people in the public interest before anything else.
01:46Sir, the government has said that the IMF will bring 300 billion minimum
01:52from cases pending in courts.
01:54You have been part of the system.
01:56How easy or difficult will this be?
01:59Mr. Shabbar can tell you more about this.
02:02I asked Mr. Shabbar.
02:04Because he is the chairman of the SBI.
02:06Ask him how much money he can bring in cases in his time.
02:10Yes, Mr. Shabbar.
02:12Madam, please talk about the pending cases.
02:16Yes.
02:17As far as I know, it is more than 2 trillion.
02:22Okay?
02:23Okay.
02:24And even if 400 billion comes from this,
02:27I will be very happy.
02:29These are all useless cases.
02:31I have heard.
02:33This is a case of showing red light to the IMF.
02:36We show red light to the IMF.
02:38That our judiciary is not supporting us.
02:41We have raised the demand.
02:42The judiciary has given the stay.
02:44I have read each and every case.
02:472,500 or 3,500 whatever the amount is.
02:50If 300-350 billion comes,
02:53then I will be a very happy person.
02:55And this is a useless story.
02:57It should be ended.
02:58They only show red light to the IMF.
03:01Sir, we had taken 3 trillion more.
03:04Our judiciary is not cooperating with us.
03:08And they did not let us take this tax.
03:10And it was done like this.
03:12But let me ask you a question.
03:14Tell me,
03:15whichever new government comes,
03:17or any government comes,
03:19does it give any economic plan?
03:21Does it take anything further?
03:23Okay?
03:24I can clearly say that
03:2612,970 billion is the revenue.
03:309,700 billion is the expense of local debt.
03:359,700 is the expense of the government of Pakistan.
03:429,700 out of 12,000.
03:47This country has technically gone into domestic default.
03:52If you do not agree, it is your choice.
03:55If Mr. Aravind Dev had said that
03:57the country has gone into domestic debt default,
04:00then I would have been happier.
04:02They are roaming around people for no reason.
04:05It is very simple.
04:06This country has gone into domestic debt default.
04:10Now the question is only about foreign debt default,
04:13which the IMF does not allow us.
04:15They are fooling us in domestic debt.
04:18And we are fooling them.
04:20Sir, on one hand, Mr. Mandiwala,
04:22it is a matter of printing notes.
04:24Mr. Shabbarzade is saying that
04:26we have already gone into domestic debt default.
04:29On the other hand, there are expenses,
04:31which Mr. Khazana did not give any clarity about reducing.
04:35Please shed light on that too.
04:37And then the subsidy of 1363 billion,
04:40this also does not reach people.
04:42They take it industrially.
04:43Then there is also the objection of the IMF.
04:45This will also have to be fixed by the government.
04:47Yes, Mehar, look,
04:49what Mr. Shabbarzade has said at this time,
04:53this is a very big challenge for the government.
04:57And debt repayment, debt interest,
05:00it is getting more and more.
05:03And the interest rates have increased.
05:05This has put further pressure on the government.
05:08So all these things that we are talking about,
05:12these are reality.
05:14That is, these things are in front of every budget maker.
05:20Now, in these circumstances, you have to make a budget.
05:23And in these circumstances, you have to generate revenue.
05:27And in these circumstances, you have to run the country too.
05:30So there are challenges in this.
05:33It is very easy to criticize sitting here on TV.
05:36That this is not right.
05:37Let's do this, let's do this.
05:39But the fact is that the finance minister is saying one thing at a time,
05:44which Mr. Shabbarzade will also agree with,
05:46which I also agree with,
05:47that until your tax to GDP ratio does not increase in this country,
05:53do you know that there are 2.4 million non-filers in this country?
05:57Mr. Shabbarzade was also the chairman of the FPR.
05:59I have been crying for the past five years,
06:02what is this non-filer?
06:04This is the only country, Pakistan,
06:06in which you become a filer,
06:09when you feel like it,
06:11and when you feel like it, you become a non-filer.
06:14No one will ask you.
06:15Sir, I agree with you.
06:16I agree with you, sir.
06:17But the point is Mandiwala is correct.
06:20Sir, tell me one thing,
06:23retailers, wholesalers, dealers,
06:25who are earning 26% of Pakistan,
06:28have you heard a single word on that?
06:31And sir, real estate and agriculture,
06:33which the provinces do not have to tax,
06:35neither should they give nor should they tax,
06:37so I mean, if there is one problem,
06:39then the real estate, yes.
06:41You are talking about retailers, wholesalers, dealers,
06:45there are 300,000 retailers,
06:4730,000 slips have been registered,
06:50and our Minister of Treasury is standing up and saying
06:52that the Taj-e-Dos scheme is going on successfully.
06:55I am explaining this,
06:57I can't explain it,
06:59my elders are politicians.
07:01This, with Salim Mandiwala,
07:03Mr. Shahbaz Sharif has handed it over,
07:06if he can handle it,
07:08then it will be a great success.