Who Owns Pakistan - Yimg
Who Owns Pakistan - Yimg
Who Owns Pakistan - Yimg
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Three Lists of Loan Defaulters, a Comparison ................................................................. 94<br />
<strong>Pakistan</strong>'s Top Defaulters ................................................................................................. 95<br />
List of Top Loan Defaulters by Benazir 6.9.1996. ............................................................ 96<br />
Top Defaulters by Meraj Khalid in January 1997 ............................................................. 96<br />
Mian Aftab Ahmad, a Professional Loan Defaulter .......................................................... 97<br />
Habib Bank Gujranwala - The Bank that Gave Non-Repayable Loans ...................... 98<br />
The Sick Mill Therapy, at <strong>Who</strong>se Cost? ..................................................................... 98<br />
How Central Board of Revenue (CBR) Helps Them Become Rich .......................... 100<br />
CBR: Corrupt or Politicized ............................................................................................. 100<br />
Politics of SROs .............................................................................................................. 101<br />
Some Interesting Cases of CBR for Making MONEY............................................... 102<br />
The Case of Chunian Industrial Estate ........................................................................... 102<br />
The Case of Import Duties on Steel ............................................................................... 103<br />
The Case of Indus Toyota Motors, The Tug of War Between Bhutto and Nawaz ......... 104<br />
The Politics of Tax Holidays ........................................................................................... 105<br />
The Rebate, Duties Bonanza ......................................................................................... 106<br />
Richest Individuals of <strong>Pakistan</strong> ................................................................................ 109<br />
A List of <strong>Pakistan</strong>'s RICHEST Individuals ...................................................................... 110<br />
<strong>Pakistan</strong>'s Nameless, Faceless Billionaires ............................................................. 111<br />
Benami Ownership .................................................................................................. 112<br />
Chapter Four - <strong>Pakistan</strong>'s Tax Web ............................................................... 115<br />
Federal Government Taxes ............................................................................................ 116<br />
Provincial Taxes ............................................................................................................. 117<br />
The Municipal Taxes ...................................................................................................... 117<br />
Gross Anomalies in the Taxation System Breeding Corruption ................................ 120<br />
Income Tax ..................................................................................................................... 120<br />
Export Duties .................................................................................................................. 121<br />
Development Surcharge ................................................................................................. 121<br />
Capital Value Tax (CVT) ................................................................................................. 122<br />
Taxes for Rich ......................................................................................................... 122<br />
Wealth Tax ...................................................................................................................... 122<br />
Capital Gain Tax ............................................................................................................. 123<br />
Estate Duty ..................................................................................................................... 123<br />
The Gift Tax .................................................................................................................... 123<br />
How Corporate Law Authority (CLA) Helps Them? .................................................. 123<br />
Chapter 5 – Money and Politics ..................................................................... 127<br />
Politics and Corruption ............................................................................................ 129<br />
Benazir, Sharif - Cataloguing Corruption ................................................................. 130<br />
Epilogue ........................................................................................................... 135<br />
iv