Miftah fires back at Dynastic Political Parties

[Meme]

upholding the rule of law.

Upholding the law, as demonstrated on the night of the vote of no confidence when the motion was thrown out over a fake foreign conspiracy theory.

 

[Sohail Shuja]

Very wrong analysis, if they were profitable and declaring the profits, they could have easily shown how much income tax they paid, which would have shown what income they declared to maintain their life styles. In any country they would have been jailed for non declaration of the income.

I think the question was whether they were billionaires or not? being a billionaire and running a business in profit are two different things, and being a tax evader is yet another aspect.

Now I am discussing it truly for the sake of knowledge sharing & not for defending N-League. TBH, I don't really have an iota of doubt about their corruption. Yet facts remain facts -- Sharifs were big in the steel industry and Nawaz Sharif even melted the Railway Wagons in his foundry that bought the raw material & were property of Pak Railways. In those furnaces, they even used to throw men alive.

Your analysis is flawed, because a big corporation could still pay billions in import duties and energy bills and still suffers a loss. In any case, persons can not show that as proof of their Personal Taxes.

Now truly from the academic POV, if someone presents you some income tax documents, how would you do the reverse calculation to ascertain that the amount he has shown as income tax correctly reflects his income? and that, he has not hidden anything or colluded with the income tax personnel by bribing them to show less income?

In the financial audit trails, the things such as the cost of inputs, cost of conversion and average market rates of the output are matched. Further analysis may also include the cost of capital, normal loss, and inventory carrying costs etc. to ascertain the EBIT.
Then the record of the income tax is matched (which is supposed to be with the tax authorities in the first place). If there is a mismatch .... then further probing is done.

 

[Sohail Shuja]

Upholding the law, as demonstrated on the night of the vote of no confidence when the motion was thrown out over a fake foreign conspiracy theory.

Well, the article also discusses the amendments of the constitution to curb horse trading in the parliament, which has been our history. There are no questions that why this horse trading cannot be sponsored and/or influenced by foreign powers?

I think the move was very balanced, if we see it in totality -- the VNC motion was rejected but immediately afterwards, the assemblies were also dissolved. The perpetrators of the VNC were given an open ground to go to the public and re-validate their mandate -- a fair competition call.

But alas, the Cipher is now missing from the PM House and this does not sound suspicious to anyone? why? to what did the NSC issue a démarche?

Even in legal terms, illegality and irregularity are two different constructs. The speaker's ruling was declared irregular, not illegal.

 

[FahadBhatti]

Ofcourse he has no love lost between ishaq dar who by the way is the economic hitman. But its really a nail in the coffin when someone like a failaure dar is preferred over you.

 

[Sohail Shuja]

Ofcourse he has no love lost between ishaq dar who by the way is the economic hitman. But its really a nail in the coffin when someone like a failaure dar is preferred over you.

I think he is now trying to distance himself from the disaster. Such outbursts only indicate that he sees no future in his current party and he also knows that a continued affiliation with them will do more harm than good. He is the rat jumping off the ship.

 

[Cyber_Security]

Supposedly if was still in PMLN and on top of it Finance Minister, would have he written this piece in dawn???
Asking just for Information!

A wise question Doctor Sahab. He never criticised dynasty in PMLN when he was the finance minister.

 

[Dr Adam]

A wise question Doctor Sahab. He never criticised dynasty in PMLN when he was the finance minister.

True.

Brother! Where had you been?
All okay??
Long time no see???

Stay blessed and safe.

 

[Cyber_Security]

True.

Brother! Where had you been?
All okay??
Long time no see???

Stay blessed and safe.

I kept myself away from social media due to work and study commitments. Every now and then I was checking out siasat.pk to keep myself updated. Thank you for remembering me though I came back after a long time. You were always one of the most respected members on siasat.pk for me. Thank you for your good wishes. I also wish you happiness from the Almighty Allah.

 

[Cyber_Security]

I think he is now trying to distance himself from the disaster. Such outbursts only indicate that he sees no future in his current party and he also knows that a continued affiliation with them will do more harm than good. He is the rat jumping off the ship.

>>

I think he is now trying to distance himself from the disaster.

True, in addition, it is obvious he wants to change the boat, looks to me like he wants to join PTI in the future.

 

[Sohail Shuja]

>>


True, in addition, it is obvious he wants to change the boat, looks to me like he wants to join PTI in the future.

Well, he certainly is trying to look towards them, but perhaps waiting for the right time to join, because at the moment, PTI has locked horns with the estb. He wouldn't like to join now and bear any probable backlash from the estb.

Not joking, but I think he is going to join JI, if things did not go well between PTI and establishment. JI is working in Karachi and is likely to secure some seats in this election. Miftah is an industrialist/saith ... Karachi is his gold quarry.

 

[Cyber_Security]

Well, he certainly is trying to look towards them, but perhaps waiting for the right time to join, because at the moment, PTI has locked horns with the estb. He wouldn't like to join now and bear any probable backlash from the estb.

Not joking, but I think he is going to join JI, if things did not go well between PTI and establishment. JI is working in Karachi and is likely to secure some seats in this election. Miftah is an industrialist/saith ... Karachi is his gold quarry.

He won't gain much by joining JI. PTI has a history of getting the services of the opposition's finance ministers. He is thinking that PTI may be in the government by the end of the year and he may become their finance minister. Let's see which party he joins.

 

[arifkarim]

Upholding the law, as demonstrated on the night of the vote of no confidence when the motion was thrown out over a fake foreign conspiracy theory.

Upholding the rule of lotas when they were found in Zardari house to prove they were not bought

 

[Sohail Shuja]

He won't gain much by joining JI. PTI has a history of getting the services of the opposition's finance ministers. He is thinking that PTI may be in the government by the end of the year and he may become their finance minister. Let's see which party he joins.

Your argument carries substantial weight. By writing against dynastic politics, one thing is for sure and that he is not looking at PPP at least. So the only two parties left are JI and PTI.