Tag: Income Tax
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Election 2013: 4000 candidates have not paid Income Tax for once
At least half of the candidates who have submitted their nomination papers for Election 2013 are non-taxpayers or tax defaulters. As reported by Ansar Abbasi in the News, almost 4,000 out of the 8,000 candidates, whose nomination papers had been scanned and scrutinised by the Election Commission of Pakistan (ECP), do not pay any income…
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Unjust taxation
A Karachi businessman recently had a heart attack when he got a notice from the Income Tax department to pay a huge sum as income tax. It seems that his mobile phone bills alone had averaged more than fifty thousand rupees a month, even though his declared income had been only four hundred thousand rupees…