PTI lists it's economic achievements so far

[313ghazi]

What do you think?

 

[313ghazi]

https://twitter.com/i/web/status/1148956467522887680

 

[Wikki019]

Exports have been increased as well in quantitative measure i.e in PKR but we have to get more and fast in dollars

 

[alphapak]

We need to give PTI atleast 4 to 5 years, but I think they are doing
a good job so far.

 

[Wikki019]

following Points are lifeline of this Country now

1. Increase Exports
2. Increase FDI
3. Stop smugling
4. Document economy and digitilize(cash less) pakistan
5. Increase tax to gdp Ratio atleast to Level of india
6. Stop misuse of under invoice and Afghan Transit trade
7. Privitize SOEs and stop circular debt and electricity and gas theft
8. renew Agreements with IPPs

 

[AZ1]

One way to increase export is to exempt export business as much as possible who bring remittance $ in the country and convert it in rupees.

 

[Rank]

our Business community is an asshole trust me... Nawz Sharif and now Imran Khan both gives lots of incentive to them but rather they increase their exports, they actually happy kay ub tax kam hogaya hey and just because of their profit increase... on the other side, they fired and layoff employees to further increase thr mark....

In a first meeting of Hafeez Sheikh with Bsiness community of Karachi, Hafeez Shaekh nay inke LAYLI Thee... video anay doo lag pata jayega... he openlly slap all big tycoons in the meeting "kis baat ka incentive maangtay hain aap pehlay kooon sa aap nay koi help ki govts ki export barhanay may?"

let me tell you in Canada, 70% of aisle full of Indian products (International section) where as you hardly see Shan Masala and RoohAfza that is what our fucking business community achievement?

Oh comeon... Europe nay hamko acha khasa open door diya tu export stuff but non of business shit even take initiative to make stuff at the European standard... our business community is pure selfish and full of bastards

 

[313ghazi]

our Business community is an asshole trust me... Nawz Sharif and now Imran Khan both gives lots of incentive to them but rather they increase their exports, they actually happy kay ub tax kam hogaya hey and just because of their profit increase... on the other side, they fired and layoff employees to further increase thr mark....

In a first meeting of Hafeez Sheikh with Bsiness community of Karachi, Hafeez Shaekh nay inke LAYLI Thee... video anay doo lag pata jayega... he openlly slap all big tycoons in the meeting "kis baat ka incentive maangtay hain aap pehlay kooon sa aap nay koi help ki govts ki export barhanay may?"

let me tell you in Canada, 70% of asile full of Indian products where as you hardly see Shan Masala and RoohAfza that is what our fucking business community achievement?

Oh comeon... Europe nay hamko acha khasa open door diya tu export stuff but non of business shit even take initiative to make stuff at the European standard... our business community in pure selfish and full of bastards

The biggest problem is the limited size of this community. They've been sheltered too long. Let the market be open, watch how real businessmen make these guys insignificant.

 

[Pakistan Space Agency]

I think the Pakistani Stock Market has crashed and the Pakistani Rupee has collapsed.

But no worries. PM Imran Khan will soon bring $200 billion from Switzerland... as soon as he's replaced the batteries in his magic wand.

 

[Hareeb]

-For Kamyab Jawan Program, interest rate on loan is 8% plus KIBOR which should be lower.
-Govt. should encourage in-house manufacturing of whatever could be made but unfortunately Razzaq Dawood has banned manufacturing of certain items in country (especially industrial scale boilers higher than specific capacity) which favours Descon Engineering Works.
-There should be a ban on imported products whose substitutes are found in country i.e. milk and its byproducts.

One way to increase export is to exempt export business as much as possible who bring remittance $ in the country and convert it in rupees.

Its already there. Exports have zero rated tax policy.

I think the Pakistani Stock Market has crashed and the Pakistani Rupee has collapsed.

But no worries. PM Imran Khan will soon bring $200 billion from Switzerland... as soon as he's replaced the batteries in his magic wand.

Countries are run by SMEs. They are employment generators and have nothing to do with stock exchange. Well, PSX is a frictional market and has some very powerful players those manipulate market for their interests and make other investors out of their business.

 

[AZ1]

Its already there. Exports have zero rated tax policy.


.

All types of exports? or remittance coming in country are exempt?

 

[Rusty]

For a country that is been mismanaged for 40 years, these are pretty good gains in just 11 months.

We need to keep the pressure on PTI to keep improving but we should also celebrate the progress they have made.

I think their biggest achievement will be once they fix the whole tax thing and bring the entire country into the tax net. Even the poor who don't pay taxes should file so the government has records of who is making what.

 

[AZ1]

For a country that is been mismanaged for 40 years, these are pretty good gains in just 11 months.

We need to keep the pressure on PTI to keep improving but we should also celebrate the progress they have made.

I think their biggest achievement will be once they fix the whole tax thing and bring the entire country into the tax net. Even the poor who don't pay taxes should file so the government has records of who is making what.

Not possible till next.generation

 

[Hareeb]

All types of exports? or remittance coming in country are exempt?

Yes, all exports are duty free and tax exempted. Firms only pay income tax on their export income.

While there is no tax on remittances sent by overseas Pakistan through banking channel. Previously, there was 0.3% tax for return filers and 0.6% tax for non-return filers on withdrawl of money more than Rs.50,000 but in reforms package 2019, governemnt has exempted accounts receiving foreign remittances and maintained in Pak rupee from any kind of tax.

 

[Rusty]

Not possible till next.generation

Not to be cliched but no one ever achieved anything by thinking negatively.

This is not only possible, but it's possible within 10 years of hard work by the state.
It will be painful, and there will be a lot of push back, it won't be easy, but it's completely possible.
Just need the will.