"Traders Ko Tax Denay Mein Problems Hai...", Ex-Finance Minister Miftah Ismail Told Everything

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Transcript

00:00I would like to ask Mr. Miftah about the larger policy parameters.

00:03Mr. Miftah, there is an uprising in the whole of Pakistan right now.

00:06Political parties are supporting the uprising.

00:08But why have you not been able to impose taxes on the merchants for so many years?

00:13You have also tried. I told you, we also saw Mr. Mariam Nawaz's tweet a while ago.

00:18Mr. Miftah, please take back the taxes on electricity bills.

00:22And you took it back later as a joke.

00:25But governments also get blackmailed again and again.

00:28Mr. Miftah, what do you think?

00:30Is it unfair to impose taxes on them?

00:33Or is there a problem in imposing taxes on the merchants?

00:36Thank you very much, Mr. Kashi.

00:38You should be clear that there is a problem in imposing taxes.

00:41When I imposed taxes, it was Rs. 3000 per shop.

00:44It was a mistake to impose Rs. 6000.

00:46But we imposed Rs. 3000.

00:47It was just an error of the FDR.

00:49Rs. 3000 per shop.

00:51At that time, Rs. 100 per shop was made.

00:53The puncture shop can also pay.

00:55The cart shop can also pay.

00:56There was a separate tax on the cart shop.

00:58They didn't have to pay that either.

01:00So this intention is also wrong.

01:02All my brothers are merchants.

01:04But I am saying that one intention is also wrong.

01:07The reason for that is that once they go online,

01:10they become uncertain that the FDR will come and take the money.

01:14These poor people are afraid of the police.

01:17They come and take things from them.

01:19They are afraid of other agencies.

01:21So they don't want to embrace another agency.

01:23So this is one problem.

01:25Another problem this time is that

01:27the tax has been imposed a little more.

01:30And it has been imposed a little randomly.

01:32In Karachi, there is Muhammad Ali Jinnah Road.

01:35It will be 2-3 miles long.

01:37You have imposed a tax of Rs. 60,000 per shop on it.

01:39Now, some people are selling expensive watches

01:42which can be given easily and which may also be registered.

01:45And some people have a tea shop there.

01:48So I think this should be a little...

01:50There is a need to nationalize.

01:52The first step should be a small step.

01:55It is not 60,000 per shop.

01:57In some areas, it is 43,000.

01:59In some areas, it is 30,000.

02:01But it is according to the entire area.

02:03And in Karachi, I think they have imposed a little more.

02:05But before I go into your specifics, Mr. Mifta,

02:08what has always been the problem of politicians in imposing taxes?

02:11I said...

02:13Do politicians keep compromising because the vote bank is affected?

02:17Your opponents, whoever is in the opposition,

02:19they go and stand with the traders when taxes are imposed.

02:22In my time, it was the politics within the Muslim League.

02:25Maryam Sahiba did not want to give that room to Mr. Jawahar

02:30to impose taxes.

02:31Mr. Jawahar was afraid of Mr. Bade Mian.

02:33He was getting calls.

02:34This was the problem.

02:35You can still see a negative role of politicians here.

02:38That Jamaat-e-Islami, our brothers, Mr. Hafiz,

02:40they are all protesting.

02:42I had traders.

02:44I am not in Pakistan right now.

02:46When I was in Pakistan, I had traders.

02:48I heard everything they said.

02:49I immediately called the FBI.

02:51I said, meet them.

02:53Because we all have to pay taxes.

02:55This country is mine.

02:56The problem is that the government does not have a mandate.

02:58It is not a legitimate government.

03:00And it is not competent either.

03:01They are so scared that everyone is attacking it.

03:04The Jamaat-e-Islami has also attacked.

03:06We are also protesting.

03:07Especially the JUI is also protesting.

03:09This is the country of politicians.

03:11It is our country.

03:12So we should try to sit with the traders,

03:14sit with the government and get a decision made.

03:17My understanding of the government is that Mr. Mifta will not back down.

03:21Wait a minute.

03:22I want to talk to you about politics.

03:24I am sure we will continue to talk to you in the next few days.

03:27Because these protests,

03:29the government thinks that it is not going to end today.

03:32This work has just started.

03:34You will see.

03:35Someone told me that it will continue.

03:37Because we will not back down.

03:39Mr. Mifta, what is the issue of legitimacy in taxing?

03:43You said it is not a legitimate government.

03:45What will the other government say?

03:48Because they do not have a mandate.

03:51They are afraid of everything.

03:53They are not making bold decisions about reforms.

03:58When Pakistan does not have time,

04:00they are doing this.

04:02We all know.

04:03You are making me a sinner.

04:05You also know that this is a mandate-less government.

04:07I know.

04:08They did not even have 20 seats.

04:09You do not know.

04:10What is the calculation?

04:11I keep them below 20.

04:13Sir, I do not do this calculation.

04:15But I am telling you.

04:16Why calculator?

04:17There are so many numbers in the calculator.

04:23Let me make a request to the shopkeepers.

04:26This is the last thing I will say.

04:28One shopkeeper is afraid.

04:30If we go into tax today,

04:32what will happen in the future?

04:33He said,

04:34if we do not go into the future,

04:36they need assurance.

04:37I think that is fair.

04:38Leave them in the future.

04:40Whatever happened in the past,

04:41it will happen in the future.

04:42I think we need money from today.

04:44We should do this from today.

04:46Secondly,

04:47they are afraid that Amla will not come to them.

04:49I am giving this suggestion to the government.

04:52Whatever tax you have written,

04:5460,000, 45,000, 48,000,

04:56this should be its full and final monthly tax.

04:58Do not take more than this.

05:00This is fine.

05:01Mr. Miftah,

05:02tell him one thing.

05:03You are the finance minister.

05:05Alhamdulillah,

05:06you have been twice.

05:07Let me tell you a story.

05:09There was a function in Lahore.

05:11It was a very big house.

05:13There was a lot of money in that house.

05:15We found out that there was a doctor there.

05:17He earned a lot of money.

05:18There was a guest there

05:19who had a link with the FBI.

05:21The FBI inspector came.

05:23Earlier, he was sent a tax of crores.

05:26He rallied with the tax officer.

05:32He gave some money to him.

05:34He paid some tax.

05:35You know,

05:36this is a problem in the government.

05:38You will have to fix this.

05:39Or when you pay tax,

05:40they will come after us.

05:42Do you know what will happen?

05:44That is why the shopkeepers are worried.

05:46I said that my tax was full and final.

05:49Amend this tax scheme a little.

05:52The government should reduce the rate a little.

05:54Promise not to go behind a little.

05:57And make it full and final.

05:59If they do these three things,

06:00I think people will come.

06:01The country really needs

06:03that there is no problem.

06:05Sir, in tax theft,

06:06the government,

06:07the FBI,

06:09what can be done to stop them?

06:12Sir,

06:13my FBI reform is that

06:15the FBI should take the audit function.

06:18And make another agency

06:19that audits.

06:20And the audit should not only be of the taxpayer,

06:23but also of the officer

06:24who approved their return.

06:26And wherever you digitize this,

06:28wherever you take them on fixed tax,

06:31wherever you do fixed tax,

06:33there too,

06:34the story of bribery will end.

06:36You said,

06:37he is a shopkeeper,

06:38he has to give 40,000 rupees,

06:39this shopkeeper has to give 10,000 rupees.

06:40The matter is over.

06:41We do not want anything else from you.

06:43But they have not done this.

06:45They have said that

06:46you give at least 10,000.

06:47And we can go behind.

06:49If you take two assurances

06:51that we will not go behind,

06:52then that bribery will also end.

06:54And the fear of merchants will also end.

06:56But I also want to say that

06:57politicians should also play a positive role at the moment.

07:00We know this.

07:01The government is weak.

07:02We understand that.

07:03The government is not competent.

07:04The government is not legitimate.

07:06We understand this.

07:07But people like Jamaat-e-Islami

07:08and all these people,

07:09I know that

07:10they took mayorship from the poor people,

07:12etc.

07:13These people are legitimate.

07:14There is also Mr. Tariqat

07:15from whom seats were taken.

07:17Absolutely.

07:18Governments were made on Form 47.

07:20That is also there.

07:21So you are saying what I am saying,

07:23that the opposition

07:24instead of standing with the traders

07:26blindfolded,

07:27should support such a system

07:29in which everyone pays tax,

07:30but a better system.

07:32Yes.

07:33And at the same time,

07:34look,

07:35if,

07:36Mashallah,

07:37brother Kashif,

07:38the dictator does not say that

07:40I am popular.

07:41He says I am powerful.

07:42That is why my government will work.

07:44When there is a political government,

07:45it says we are popular.

07:46When this government cannot say

07:47that we are popular,

07:48we have won the elections,

07:50it says that we have come.

07:52So it is difficult to govern the government.

07:55That is why this demand does not work.

07:56Sir, this is their wonder

07:57that they have come in such a way

07:58that they do not understand

07:59how we have come.

08:00This is the same thing.

08:01You fight the next election

08:02and you become the Prime Minister of Pakistan.

08:05You also know that

08:06the ministers of the PMO

08:07are very worried at the moment.

08:10And they are also worried

08:11that politics has become such

08:12that no one has to face it

08:13except a few people.

08:14So it is a very difficult time.

08:16And in fact,

08:17in private gatherings,

08:18they also believe

08:19that how much favor has been given to us.

08:20Why Mr. Mirza?

08:21No, of course,

08:22you know that.

08:23I mean,

08:24who will lie to us?

08:25In PR,

08:26but look,

08:27the thing is

08:28that to take the country forward at the moment,

08:30some fundamental reforms are needed.

08:32Mr. Shahbaz has completely missed this.

08:34Last year,

08:35he did not talk about NRC reform,

08:37nor did he talk about any reform in the budget.

08:39Today, even in the IMF,

08:41it has happened

08:42that your agreement with the IMF

08:43was delayed until September.

08:45May God make it happen.

08:46But right now,

08:47you need money from abroad

08:48because you do not have credibility outside

08:50and you are not getting money from other countries.

08:53Mr. Shahbaz Sharif

08:54Mr. Shahbaz Sharif

08:55missed the trip to Japan,

08:56the trip to China.

08:57He kept talking about trains

08:59when he had to deal with electricity issues.

09:02You have made electricity expensive.

09:04The economy is not running.

09:05Nothing really is going right for the government.

09:07Yes, sir,

09:08but you know that

09:09Pakistan is at a grinding halt.

09:12Working of Pakistan.

09:13Thank you very much,

09:14Mr. Mirza Ismail,

09:15for being with us.

"Traders Ko Tax Denay Mein Problems Hai...", Ex-Finance Minister Miftah Ismail Told Everything

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