Devaluation of pakistani currency

Yes I can afford on installments only. I also got plot numbers from dealers in green oaks. I can wait for 5 years. No problem. OK I will also visit royal farm houses on Sunday.

Thanks imtiaz sb.

I asked my query here intentionally. I wanted to cool down political discussion.

On a different note:

Please Do Not Pay Taxes.

By Mir Mohammad Alikhan #MirMak

And do one more thing, do not complain about Pakistan not progressing either. It is so ironic that the moment you speak about income taxes, everybody starts to speak about indirect taxes. Without researching without knowing a thing about how countries progress and how other countries have their tax structures. We love to give examples of how great Sweden is, how amazing Japan is, how beautiful the hospitals in Denmark are, how great the schools in Germany are, but we never spend a second to understand how they got there.

They reached that point by paying taxes. Income and indirect.

Sweden has 61.85% tax rate. Japan has 55.95% tax rate. Denmark has 55.80% tax rate. A tiny country like Chad has 60% tax rate. Ivory Coast has 60%, Austria has 55% tax rate, Finland has 51.60% tax rate, Israel has 50.1% tax rate, United Kingdom has 45% tax rate, United States has an upward of 40% tax rate at the highest level, India has 35.8% tax rate….

And Pakistan, only 20%.

Still we complaint. We defy the state. We go on strikes, we close down our stores, and we challenge the writ of the government. We do everything to defy the implementation of the law.
According to the KPMG Global Economy Research findings, all of the countries that I mentioned above also have a very high Indirect Tax in addition to the income tax.

Hungary has 27% indirect tax in addition to the income tax. Denmark 25%. Finland 24%. Sweden 25%. Italy 22%. France 20%. United Kingdom 20%. India 18%

And Pakistan 17%.

We have nothing but demands from our governments and nothing but defiance of our duties when it comes to backing up the demands. Pakistan has a loan payment every year of about Rs 3 Trillion rupees. Half of our budget. If we do not bring this economy into documentation, I can guarantee you that within the next 10 year, with inflation and dollar fluctuation plus additional loans and a slow economy, we will be forced to default on our loans.

And once a country defaults, the entire system collapses, your bank transfers are not honored. Your currency can devalue up to 500% or more. Your trade finishes because no bank accepts your Letters of Credit. Your imports finish. Your exports become nonexistent without bank LCs. And the ones who are trying to save a few thousand rupees a month as shop owners in taxes, end up losing millions in business.

A perfect example of penny wise and pound foolish.

So next time when you raise your concern and make excuses that “I pay indirect taxes so I will not pay income taxes.” Think again. The whole world pays indirect taxes and income taxes.

So if you want Pakistan to fail. Your children to be homeless. Your home to become worthless. Your businesses to go bankrupt. Your currency to devalue 500%.

PLEASE DO NOT PAY TAXES.

AQ sb, very nice sharing..
Hope every citizen understand the consequences of strikes on asking taxes and ordinary persons running behind two thug groups who are raising the slogan of inlation, in fact thier motive is to protect thier crimes by bringing out the ordinarary people to streets.
If the powerful corrupts are going behind bars and some one asking taxes, its good for the ordinarary person who's life and death is in pakistan.
There are lot of if and buts ,,, but needs to start somewhere.

And to rememebr every shop keeper in this areas are not medium or low level earner, some of them earning 100 of thousands each day but never paid thier share till today.

now who will be happy for all of sudden on additional payment.



The ordinarary person just getting part of prtest for nothing.

Ilyas Roora,
Even if a video releases showing zardari or shrif stealing money from bank, and then sending it to thier overseas bank account by announcing it in a rely from thier own mouths, still some of our brothers will not believe they were corrupt.

God gave us eyes and brain, I always say look at the condition of country, is there not enough signs of loot by both hands, how many chances you like to give them more.

SS was comparing Lahore with Paris.... imagine

some body should tell him 40 million tourists visiting paris each year, to Lahore even NRP are afraid to come , specially in summer.

Very rightly said @Abdul Qayyum and Sohail khan.

The irony is ,that in this forum and other social media areas some ignoramus souls never tire in spreading hopelessness and thinking as if they have the brains of Socrates and magics of genie.Petty chusni sucker infants .

Why not own your own country , who is gonna come for the rescue?

DIRT of 60 -70 years cannot be cleaned that easily.. You catch Ali Baba , and hope his 40 choars not hide bread and butter of poor masses....The cleaning will bear fruits only when the 40 choar are also dragged as well .

@Shakeeb,

This rotten rhetoric of loot and plunder should end now. Because there is no proof despite spending millions of dollars of taxpayers money on JIT and Asset Recovery unit. All they could do is to install a shady character on NAB and another as Judge Accountability court. Both got more fame and better media rating with their videos leaked out, than the boring official work.

Instead of being a brainless zombie and just recycle phrases coming out of media factories, why don't you open eyes and brain and do a little search of your own.

Go to PTI govt's own finance ministry website and open budget document. Then show me the money that a PM can possibly steal.

While looking at the budget, check out how slices of the pie distributed. What is the poor and taxpayer getting in return as sudsidies and development funds and where the cream is going.

Then look for answer as to where did the lapsed development budget of last year went, and why a perfect goon put as CM of the biggest province and still kept. While the entire finance team, and now Shabbar Zaidi, wiped out.

Stop this nonsensical repetition of phrases, loot gya, kha gya, 70 saal ka gund 1 ssal mein kaisey saaf ho sakta hey, white collar crime pakray nahin ja sakty, waghaira, waghira.

A common man is puppet of media... until he open eyes and brain and start looking at things himself.


@isloo1

Thats what happens when people lack real education, objectivity and critical thinking skills. Their minds are open for disinformation. Pakistan is currently led by a hypocrite, who says all the right things but is on a mission to destroy Pakistan and turn it into a colony of the West, he takes from the poor and gives to the rich who backed his campaign with money. He is a puppet PM representing the interest of the few against the majority.

Isloo 1 sahib, if you believe that you are on the GROUND then you must believe in the power of your arms..... USA spent trillions and trillions of $ in Afghanistan but still trying to find a way to get escaped....... They got defeated through your hands bro...... yes our economy is weak otherwise you have emerged to be a strong important country...... you defeated two powerful countries on the earth...... Russia and USA........

:)

" COMMIT TO IT 100% BECAUSE THE FAINT-HEARTED NEVER ******* A FAIR MAIDEN"

Sohail Khana, pa dagha waja kho za jareegam kana chi da khalaq sa sooch kawai.... ov zaka kho mi da isloo 1 roor na geela razi.....,

Sohail khana roora traslate it for isloo 1 sahib in our typical gulabi urdu......

Ilyas Sayen,

If you tell me what was US objective in sitting in Afg and installing a puppet govt, then I can tell you whether it lost or still winning.

Lmao @ sayen

“I’m twenty-seven. But I’m starting to feel like a grumpy old man. I’m negative and cynical and pessimistic. I feel detached from people. I even feel detached from myself. I sometimes view myself from the outside—like I’m dealing with things in the third person. It’s been like that since childhood. I’ve always come across as cold. People tell me that I was a little shit as a kid. My family called me ‘King’ because I’d have anger fits and always get what I want. But even with these difficulties I did well in school. I was able to graduate college. And now things are going well. I have a good job. I have no housing issues or major stresses. But still I feel so negative all the time. And I don’t want to be this person. I’m not actually cold. I’m just stuck in a mindset. I’m not focused on being kind because of unaddressed issues. My mom was in and out of my life as a kid. She had bipolar and maybe schizophrenia. She’d whisper to herself. She’d scream in public. She’d disappear for months a time. Last week I went to her funeral. Everyone was crying but I’m so detached from things that it barely affected me. I didn’t even tell my close friends. All of us hung out after she died, and I didn’t say a thing. Because people tend to back away when you share. It’s not a criticism against them. I’d do the same thing.”

(Montreal, Canada)



https://www.facebook.com/102099916530784/posts/3253019138105497/

@JDM

"As far defeating USA, wait till 22nd when Puppet Khan and his master both will bow down in Washington and ask for mercy and support for Pakistan's economy."

That bow down they have already done by obediently withdrawing from CPEC and practically freezing it. This time, they are going to receive "fresh instructions" on shifting US presence from Afg to Iran.

Ilyas wants to call it humiliating defeat of US after spending trillions of $. While I call it, continued success of US in keeping its military presence in the area. Now they will shift bases from Bagram to somewhere in Balochistan. And we will start receiving something similar to Coalition Support Fund (CSF).

Bus itna sa agenda hey is amreeka yatra ka. I can tell you the punch line of post-visit speech of Donkey Raja.

"Mubarik ho Pakistanio, amreeka ne Naya Pakistan bnanay keliye 35 billion $ imdad deney ka wada kar lia"

Ayesha Siddiqa covers it beautifully:

https://theprint.in/opinion/imran-khans-us-visit-is-for-home-audience-bajwas-army-will-do-the-real-talking/263450/


OURS isloo 'One and the only one' sahib, read from independent sources, how much control do they have in afghanistan?

I think they have already your shahbaz air base.....

35 billions $ is nothing as compared to our losses and expenses incurred being as their coalition partner in the genocide......

I do not know how our guys negotiate with them?
I never saw a paki negotiating with them while looking straight in their eyes( it is what americans love with)...... The more you fight for your right with them the more they love it as long as everything is real.....

An uneducated lookahead among all of you wise Arustoos:
America is in Afghanistan on only and only one reason:
Do not let Russia, Pakistan, China, Iran and India stuck together in a gigantic business block which would be a dead sentence for even European countries and rest of the devolped world which is alive on the cost of poor and un-developed world.
If USA goes out, it would engineer the Afghan govt in such a way where instability shall be made perfect for all times!
Even USA backed Afghans will form a strategy where they will live on " badmashia" rules and charge money from all business goods passing through Afghanistan. This " Illicit toll" will be shared with America in future.
USA is not leaving Afghanistan, gents, he will stay one way or another.
This is like America and Iran illicit relations: They are together but on lip service they are enemies.

US does not have a problem with Iran and they would like Iran to be there best friend in the region, but only on condition of guarantee safety of Israel, which Iran will not do. Iran is more powerful country and is more important than even Saudi Arabia.

US interest in Afghanistan is to keep Russia, China, Pakistan and Iran in check.

The sooner we get away from US the better it will be for Pakistan. US has been good for the Army generals but has been very bad for Pakistan and its population.

I came across a new quote:

" The best investment on the EARTH is EARTH"

Arshad sb
Nathan yahu and numerous no of Israelis notables are Irani Jews.
Iran and Israel are best friends and doing business, as per so many Iranian working with me in gulf.
USA being in Iran more corporate bound interests than political.
Now it has been researched that the two world wars had economical targets in the planning behind!
Fiqqa e Jafria is pure and stands on very fine Islamis principles but that was 200 years before. Now as per recent orthodox school of thought, Ahl e sunnat are to be killed as per Irani mullahs. Iran will be the first country to come forward save Israel, if Israel ever faces it's very existence challenge!
This century is the Asian century and USA is committed to make a turn around and America is against a business block as if it get materialized, Japan can also join later.
We must not forget Russia is still biggest country even post been broken up.
If peace ever prevails in Afghanistan, Pakistan would be a rich country just getting transit money, which USA will never make it happen!
So it is all money sweet money!

Mohtaram Ilyas sb,

"...how much control do they have in afghanistan?"

---

I do not dispute that their control of Afg area is very little. But why should they stretch resources to try to manage the whole country while they can run their "business" from a smaller base.

Rest of the Afg and Afghanis are not their concern. They are all focused to keep a check on China while Russia is already served, we did it for them in return for "peanuts".