Another amnesty scheme has been announced by the PML-N
government (the fourth in its present tenure). For those who don’t know, an
amnesty scheme benefits only those who have been looting and plundering the
country by tax evasion, under-invoicing, smuggling, corruption and similar
nefarious activities. This “black” money is then sent abroad to be deposited in
foreign banks or invested in buying property. While Pakistanis are said to have
invested heavily in the Dubai property market, estimated to be about seven
billion dollars, they have deposited 150-200 billion dollars in Swiss banks
alone (this is more than 20 trillion rupees, four times the country’s annual budget
of 5 trillion rupees).
So, instead of the government taking steps to punish
these criminals, it is again giving them a “one-time” amnesty to declare their
foreign assets for a nominal charge (probably 3 percent. It will be recalled that
the last amnesty in 2016 was also a “one-time” amnesty, which resulted in only 128
people brought under the tax net and a paltry amount collected by the FBR.
The question arises, why is the government allowing
criminals to get away with this loot and plunder? If the honest tax payer sees
that tax evaders are never punished, will he not think that he is a fool to pay
up to 30% of his income as income tax
every year, while those who cheat the government are able to whiten their black
money by paying only two to three percent?
But what is really shocking is that no one in the
opposition has said a word against the latest amnesty scheme (not even Imran
Khan). I can understand why the PML-N should offer another amnesty because it
has among its voters many who are tax evaders. But the PTI apparently
supporting the amnesty makes one wonder if its silence is also to retain the
corrupt in its ranks. Why else is Imran Khan not shouting “laanat to this
amnesty”?
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