Times of Islamabad

Highest and the lowest tax payers politicians and top leaders in Pakistan

Highest and the lowest tax payers politicians and top leaders in Pakistan

Federal Board of Revenue has released the Tax Directory of Parliamentariansfor the tax year 2018link,updated up till September 14, 2020. The combined amount of tax paid by theParliamentarians and Senators for the year in concern stands at Rs. 80crores or Rs. 800 million.

Among the Senators, those who have paid the highest tax amounts includeSajjad Hasan Turi from FATA with Rs. 17 million, Taj Muhammad Afridi alsofrom FATA with R.s 28 million, and Muhammad Talha Mehmood from KP with atax Rs. 29 million. The Senator who paid the highest amount of tax for 2018was Muhammad Farogh Naseem with Rs 35 million.

On the other end of the spectrum, Senator Rana Maqbool Ahmed, SenatorShamim Afridi, and Senator Faisal Javed did not pay any taxes, while MirzaMuhammad Afridi paid Rs. 910.——————————

Among the Members of the National Assembly, Prime Minister Imran Khan paidRs. 282,449 (or Rs 0.2 million in taxes, while Makhdoom Shah MehmoodQureshi paid Rs. 1,83,000. His son, Makhdoom Zain Hussain, did not pay anytaxes according to the FBR’s issued taxpayers list.

Asad Umar paid more than Rs. 53 million in taxes, Umar Ayub Rs. 26 million,and Hammad Azhar Rs. 59 million.

PML-N’s Shehbaz Sharif paid Rs. 9.7 million and his son, Hamza Shehbaz,paid Rs. 8.7 million in taxes for 2018. Sheikh Rasheed paid Rs 579,011 (orapproximately Rs 0.58 million), and Rana Sanaullah paid Rs 1.3 million.

PPP’s Asif Ali Zardari paid Rs 2.9 million while Bilawal Bhutto Zardari’staxes paid for the year amounted to Rs 0.3 million. The tax collected fromPML-Q’s Moonis Elahi stood at Rs. 5.1 million.

The highest tax collections came from former Prime Minister, Shahid KhanAbbasi, who paid Rs. 241 million in taxes, although this amount has beencontributed through the association of partnerships (AOP) structure insteadof individual income taxes.

Likewise, Syed Fayyaz-ud-Din paid Rs. 13.8 million as AOP taxes. In termsof individual income taxes, PTI’s Muhammad Najeeb Haroon paid a whoppingRs. 140 million in taxes in 2018. On the flip side, the NA members that didnot pay any taxes include several names such as Muhammad Bashir Khan,Muhammad Sajjad, Zahid Akram Durrani, Mohsin Dawar, Ali Gohar Khan.

FBR’s tax directory also shed more light on the overall tax collection forthe year ending June 30, 2018. The report showed that the companies inPakistan paid approximately 56 percent of the total tax collection,followed by non-salaried individuals at 21% and salaried individuals at 14percent.——————————

The lowest proportion of taxes for the year ending June 2018 came from theassociation of partnerships that stood at 8.5 percent of the total taxescollected. While companies contributed to the highest proportion of thetaxes, they form only 2 percent of the total tax filers in Pakistan.Non-salaried individuals make up for 54 percent of tax filers, salariedindividuals make up for 42 percent, and the AOPs make up for 2 percent ofthe total tax filers.

In terms of provincial distribution, Sindh contributed the highest to FBR’stax collection with 45 percent, followed by Punjab at 35 percent, thenIslamabad Capital Territory at 15 percent, and KP and Balochistan bringingin 3.5 percent and 1.67 percent of the total taxes respectively. 0.12percent of the total tax collection came from the Gilgit Baltistan region.