Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: empanelment :: TDS :: articles on VAT and GST in India :: VAT RATES :: cpt :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: VAT Audit
 
 
General »
 FinMin wants RBI to lower rates, boost domestic demand
 Employees may have to bear the GST burden on benefits
 Advance tax payout by top cos grows just 2% in Sept quarter
 Why abolishing personal income tax may not be a good idea
 Questions about the GST cess
 How to prepare for the looming tax-extension deadline
 Income tax: Gratuity for employees raised to Rs 20 lakh; here is how you will benefit
 Haryana to set up scrutiny panel on GST benefits
 Waive certain taxes for companies in insolvency proceeding
 I-T department to appoint 7600 more tax return preparer scheme to cover entire country
 All eyes are on GST as Centre plans higher social pension

Bags, no taxes and a 'foreign ka minister'
August, 01st 2011

"You don't want the attention to focus on the frivolous," Pakistani foreign minister Hina Rabbani Khar told British newspaper Guardian on her return from India. "A guy in my place would never get such attention; nobody would be talking about his suit. I refuse to be apologetic about it; I will continue to be who I am," she said.

Former foreign minister Yashwant Sinha had worn a Brioni suit on one of his visits to the US, which w a s commented upon by the cognoscenti in New Delhi, probably the first time an Indian foreign minister wore such a high-end brand.

Mayawati, the UP chief minister, too is enamoured of her brown bags - not Prada, Fendi or Louis Vuitton - and has made sure they remain a permanent memory, occupying an important place in her numerous statues. But whatever the verdict might be regarding her state of probity, Mayawati has at least filed her income tax. Not for Hina Rabbani Khar, or as she is now known on Twitter, HRK.

The media attention that Khar attracted was largely because of the fact that her accessories were conspicuous by their expense and that it was so incongruous.

For anybody who knows anything about Pakistan, its economic travails are now legendary. While the country lives off international aid, its abject failure to tax its own citizens causes massive distortions, its tax-to-GDP ratio is barely 9%.

The World Bank is trying to get Pakistan to increase its tax revenues, with little effect. The US Congress is currently working on laws to compel Pakistan to tax its own people.

According to the Pakistani media, which obtained tax statements filed by Yousuf Gilani government's ministers, 25 of them, including finance minister Hafiz Sheikh and Khar, do not pay income tax. Khar, according to her nomination papers, said she's only paid agriculture tax, which in Pakistan as in India is ridiculously low. Khar and her former boss, finance minister Hafeez Sheikh, both paid agriculture tax well under Rs 10,000 - Sheikh around Rs 9,500 and Khar around 7,500.

A Pakistani media report listed Khar, Abida Hussain, Zulfiqar Khosa, Makhdum Mehmood, Wasim Akram and Inzimam-ul Haq as people wanted by the Lahore excise office for not paying excise duty on their luxurious cars. Khar reacted angrily to questions regarding the coverage of her fashion in Indian dailies and TV channels, saying, "You see, paparazzi are everywhere. Besides, you (media) should not do such acts."

In Pakistan, her profile has shot up, but not all of it is complimentary. For instance, social commentator Moni Mohsin tweeted, sarcastically calling Khar a "foreign ka minister". "If HRK is style acorn because of her Birkin, then I tau shd be full fudged oak tree with my Choos and my Mui Muis and my Dior vaghera, no?"

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Integrated Software Solutions Integrated Software Development Integrated Software Services Integrated Software Solutions India Integrated Softw

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions