AIRLINK 197.90 Decreased By ▼ -0.07 (-0.04%)
BOP 9.99 Decreased By ▼ -0.05 (-0.5%)
CNERGY 7.25 Decreased By ▼ -0.04 (-0.55%)
FCCL 36.51 Increased By ▲ 0.51 (1.42%)
FFL 16.70 Decreased By ▼ -0.21 (-1.24%)
FLYNG 25.70 Increased By ▲ 0.66 (2.64%)
HUBC 135.47 Increased By ▲ 1.44 (1.07%)
HUMNL 14.02 Decreased By ▼ -0.12 (-0.85%)
KEL 4.78 No Change ▼ 0.00 (0%)
KOSM 6.89 Decreased By ▼ -0.05 (-0.72%)
MLCF 45.40 Increased By ▲ 0.42 (0.93%)
OGDC 217.80 Decreased By ▼ -0.43 (-0.2%)
PACE 6.96 Increased By ▲ 0.02 (0.29%)
PAEL 41.35 Decreased By ▼ -0.07 (-0.17%)
PIAHCLA 16.72 Decreased By ▼ -0.14 (-0.83%)
PIBTL 8.46 No Change ▼ 0.00 (0%)
POWER 9.36 Decreased By ▼ -0.03 (-0.32%)
PPL 183.00 Decreased By ▼ -2.93 (-1.58%)
PRL 41.28 Increased By ▲ 0.01 (0.02%)
PTC 24.90 Increased By ▲ 0.13 (0.52%)
SEARL 104.31 Decreased By ▼ -0.34 (-0.32%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 40.85 Decreased By ▼ -0.06 (-0.15%)
SYM 17.80 Decreased By ▼ -0.25 (-1.39%)
TELE 8.90 Decreased By ▼ -0.01 (-0.11%)
TPLP 12.63 Decreased By ▼ -0.21 (-1.64%)
TRG 66.45 Decreased By ▼ -0.15 (-0.23%)
WAVESAPP 11.23 Decreased By ▼ -0.07 (-0.62%)
WTL 1.76 Decreased By ▼ -0.02 (-1.12%)
YOUW 3.90 Decreased By ▼ -0.10 (-2.5%)
BR100 12,102 Decreased By -7 (-0.06%)
BR30 36,540 Decreased By -57.9 (-0.16%)
KSE100 114,970 Decreased By -72.4 (-0.06%)
KSE30 36,165 Decreased By -34.9 (-0.1%)

FBR chairman Shabbar Zaidi's latest tweet seems to have created a considerable controversy. In other words, it has generated a new debate on PTI government's claims in relation to tax to GDP ratio in the country. He has said, "We are pleased to inform that a very productive meeting has been held in Dubai on October 9 and 10 on the matter of exchange of information. Dubai Land Department will instantly provide details of Pakistani owners of Dubai properties. Iqama abuse is also being handled."

But the question is why the UAE rulers have suddenly agreed to cooperate with the Pakistani taxation authorities. What are they going to gain by identifying the Pakistanis holding properties in Dubai and other emirates?

Copyright Business Recorder, 2019

Comments

Comments are closed.