Abdullah Sani

Amateur Investor 🇵🇰 | Personal Finance Enthusiast |
Cautious Optimist | Responsible most of the time, blunt otherwise.
RTs not endorsements.

[Abdullah Sani @abdullahsani100]

“I Tried To Be The Good Guy." (Clarke Griffin, The 100)

[Abdullah Sani @abdullahsani100]

@AmerSharifOFCL So to avoid the super tax on individuals, paying zakat through banking channel would have been a good strategy

[Abdullah Sani @abdullahsani100]

@foxlogica Not a fair comparison. Invested cash installments and their timings are different in both the cases.

[Abdullah Sani @abdullahsani100]

@ARNOfficiall Low margin, high volume businesses cannot thrive if there is a tax based on revenue

[Najam Ali @najam_ali]

While the data may sound reassuring, it misses the real issue: fairness.

Pakistan’s salaried class is the only segment that pays fully documented, deducted-at-source taxes with zero benefits in return, no health, no education, no social protection, and not even security of tenure.

So when policymakers quote that the salaried class contributes “only 5%” of total FBR revenue, they ignore that this 5% comes from barely 600,000 people out of 250 million, a micro-minority carrying a disproportionate burden because everyone else simply evades.

The tax-to-GDP ratio of barely 10% tells the real story, not that the salaried class isn’t paying enough, but that the system is structurally broken.

Instead of expanding the tax base, we have weaponised compliance against those who are already compliant.

Yes, a few nominal reductions in slabs were announced, but when inflation wipes out real incomes, and indirect taxes (sales tax, fuel levies, utility surcharges) rise relentlessly, the overall burden on salaried households has increased, not fallen.

Until Pakistan introduces reciprocity with taxes tied to tangible public services and ensures that traders, landlords, and the informal economy shoulder their share, the salaried middle class will continue to feel punished for being honest.

[Abdul Rehman Najam @ARNOfficiall]

Great reform for 🇵🇰🇵🇰 financial markets by SECP.

SECP has made Corporate Briefings of companies mandatory and more importantly, all recordings will be available on PSX channel (website or Youtube).

This reform is very close to my heart because by attending hundreds of these Corporate briefings I was able to understand different businesses of Pakistan like their owners do.

And now, all young upcoming talented analysts/investors will be able to do the same ❤️

Thank you SECP & Mr. Chairman Akif Saeed @akifsaeed65

[Elon Musk @elonmusk]

https://t.co/Mg0oHBVoxf

[Zubair Ahmed Khan @ZubairKhanPK]

FBR & PM team has gone nuts

Filers with incomes below Rs10 million will need to provide explanations before purchasing a car, plot, or investing in securities and mutual funds

FBR intends to go after compliant taxpayers by restricting them from withdrawing more than Rs30 million in cash annually. Those filers of income tax returns who claim more than Rs10 million in income will be allowed to buy only cars, but they must explain the source of income before purchasing a plot.

[Abdullah Sani @abdullahsani100]

@Imtiazazam_csp Try switching internet provider. I am unable to send/download via jazz but ufone is working

[Abdullah Sani @abdullahsani100]

@MP4FMPK What are the dividend tax rates?

[Abdullah Sani @abdullahsani100]

@rogueonomist How do I know if my sim is going to be blocked or not?

[Abdullah Sani @abdullahsani100]

apophenia:
the tendency to perceive a connection or meaningful pattern between unrelated or random things.

[Abdullah Sani @abdullahsani100]

@Imtiazazam_csp People from far off places do join via video calls

[Abdullah Sani @abdullahsani100]

Always invest in a documented manner, with regulated entities.

[Zulfiqar Ahmed 🤔 @ZulfiqarAhmed69]

Got this banking fraud news from Faisalabad today.

Rs 5 billion plus amount fraud detected in bank Alhabib FAISALABAD more than 500 account holders affected 8 to 10 branches involved of Faisalabad Raja Ammar Kiyani Area Manager Bank Alhabib flown to USA some other operations staff is vanished investigation given to FIA Faisalabad,sad for bank and their worthy depositors.

This was pure parallel banking, they gave special rates fake letters to these customers (nothing showing in core banking) but they still managed to somehow give these customers profits for 3-4 months which attracted more customers...in this timeline they got schengen visas and tickets and then suddenly vanished.

The amount is bigger, as per FIA as more customers are approaching them for their claims, it has become a nightmare for banks management who are stationed in Faisalabad since Thursday

[Abdullah Sani @abdullahsani100]

@Hamsymalik Faysal bank waives off fee (but not taxes)

[Abdullah Sani @abdullahsani100]

@republicpolicy @PMScivilservant We need less government, not more

[Mausam ki Malkiyani @yamin_f]

Let's take it step by step;
1. Make sure anything that can't be secured to the floor especially outside of the house is brought inside.
2. Doors and windows have to be secured. Winds are upto 130 km/h so you can place cardboard on the windows and secure them with industrial tape.

[Abdullah Sani @abdullahsani100]

@PMScivilservant As per my understanding, article 191 empowers SC to make procedures regarding day to day working of court. Making of high level laws is not “rules of procedure”.

[Uzair Younus عُزیر یُونس @UzairYounus]

When you’ve got a medieval way of thinking about governance, you end up with ideas like sasta atta programs.

The result?

Long queues, stampedes, and deaths.

Direct cash transfers are a much more effective way to help those in need!

[Faizullah Khan فیض @FaizullahSwati]

جانے کس جرم کی پائی ہے سزا یاد نہیں

[Abdullah Sani @abdullahsani100]

@AzamAKhan2 I guess it’s not about the people but the system they’ve established