Zardari Among Pak Leaders Who Evade Taxes: Report

ISLAMABAD (TIP): A majority of Pakistani parliamentarians and politicians, including President Asif Ali Zardari, are tax dodgers, a report on rampant tax evasion among the country’s political elite has revealed. The Centre for Investigative Reporting in Pakistan’s report said two-thirds of the country’s elected political leaders failed to submit any income tax returns last year. The 70-page report said that out of 446 members of the Senate and National Assembly, 300 did not file their tax returns. Those who did paid an amount that does not match their living standards.Out of 126 parliamentarians, who paid their taxes, only 15 paid above $10,500 and 68 below $1,060. PM Raja Pervez Ashraf paid only $1500 income tax which is an insignificant amount not matching his declared wealth.Out of 54 ministers, 34 did not file tax returns.

The prominent among them include deputy PM Chaudhry Pervez Elahi, interior minister Rehman Malik, railways minister Ghulam Ahmad Bilour, Benazir Income Support Programme chairperson Farzana Raja and commerce Minister Makhdoom Amin Fahim. Fahim is not registered for even National Tax Number (NTN). Foreign minister Hina Rabbani Khar, considered among the richest cabinet members, paid just $725. In the Senate, Aitzaz Ahsan was the highest taxpayer with $136,589 while Mushahid Hussain the lowest taxpaying senator. He paid less than a dollar in 2011. Jehangir Tareen was the highest taxpaying National Assembly member with $179,507. The lowest taxpaying was PML-N’s Sheikh Rohail Asghar, who paid $ 175. Former PM Yousaf Raza Gilani and his 25 cabinet members had acknowledged in their nomination papers for the February 2008 general elections that they did not pay a single penny as income tax. Gilani even registered for NTN in 2010, one-and-halfyear before quitting. According to the World Bank, Pakistan has one of the lowest tax collection rates in the world and the government is largely reliant on loans and foreign aid.

- Advertise Here Call +1 646 247 9458 -

Trending (48 Hours)

Mayor’s campaign fund-raisinginquiry: FBI gets assistance from restaurateur Harendra Singh

NEW YORK CITY (TIP): A federal investigation into Mayor Bill de Blasio's campaign fund-raising has recently secured the assistance of Harendra Singh, owner of...
- Advertise Here Call +1 646 247 9458 -