Prime Minister Imran Khan acknowledged the top 150 taxpayers in the country on Wednesday. All 150 major contributors were invited to encourage a formal lunch to encourage the country’s tax culture.
Nine of the contributors also received prizes from the prime minister. He chose to award prizes to only three of each of the three categories, namely individuals, a people’s association (AOP) and companies.
Prime Minister Imran Khan Awards Tops Taxpayers of Pakistan
In the first category of the top five tax-paying companies, The Oil and Gas Development Company Limited was the largest contributor, followed by United Bank Limited, Government Holding Private Limited, Pakistan Petroleum Limited and Pakistan State Oil.
The first and third certificates of recognition were for the two state-owned companies.
In the AOP category, the five main joint ventures are tax paid, CR20G-ZKB KLM Joint Venture, JK reliable JV, Advance Telecom, Limak JV ZKB and Air Link Communication.
The certificates of appreciation were delivered to three joint ventures.
In the third category of individual contributors, none of the major names was known among the three main (individual) contributors to Pakistan. Saima Shahbaz Malik and his father-in-law, Muhammad Yasin Malik, were the two largest contributors to Pakistan.
They were followed by Ahmed Ullah in third place, Hassan Mansha, son of Mian Mansha, fifth and Shahid Khaqan Abbasi in fifth. However, the PML-N leader did not attend the ceremony.
The famous Pakistani billionaire, Mian Mansha, was not even among the top 30 taxpayers. On the other hand, his two boys are on the list, with Hassan Mansha in fourth, while Mian Umer Mansha was the 13th largest contributor in the country.
Imran Khan said the real VIPs in Pakistan were the people who paid the most taxes and that those citizens had to be facilitated and honored.
Addressing the tax ceremony here, the prime minister emphasized the need to change the mindset that wealth creation was considered a sin so that people could be encouraged to invest in Pakistan.
“My mission is to impose taxes on people in Pakistan, whose cute lifestyles do not match the amount of taxes they pay,” Imran said.
“Like Darwin’s theory of” species survival “that demands adaptability, Pakistan will have to change on its own.” About 1.7 million taxpayers cannot bear the burden of a population of 210. millions, “he said.
He noted that only 72 000 people across the country declare an income of more than R’s. 200,000, but added that it was “understandable” if people avoided paying taxes because of their concern that their money would not be fully used for raising the bottom segments of society.
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