Government of Pakistan Economic aims
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Rider of Darkness
Introduction
Pakistanis are living hand to mouth and most of it because of well established Pakistani businessmen who are monopolizing the market with high prices, some of it lack of Training wars and some of it because of congress members who are relatively in-active.
1.Wages Issue
One of the biggest issue in our economy as I am always told is Salaries are low and market price for finished goods which are too high. Pakistani Government has decided to tackle this problem in an organized way. The Most Important is we need these establish individuals in business community to come forward and offer relatively high wages, so Pakistani Citizens can easily afford Quality 2 Food. We need business to follow a regulated Food Price Rate.
Government Price Rates for Food
Q1 Food - PKR 0.25
Q2 Food - PKR 1.10
Q3 and Q4 Food should not be our focus at the moment as we need make sure every newbie is living a healthy life.
2.Free Food Program
Government has Decided to Start a free food program as approved by President of Pakistan. Pakistan Lotto (Government Lotto Service) will be managing this Free Food Program in Pakistan. I will be personally be In-charge of it. To be eligible for the free food program. You have to Sign up an application and we will send you Q2 Food on 5 day interval. This Program will last for 10 Days for each individual who signed up. Which means you would be able save your 10 days of salary which will provide you good savings to take care of yourself in future.
Note: We will be taking 10 Individuals for this program. Please note that in-order to be eligible for this program you should be level 8 or Below anyone above this level requirement will be rejected.
3. Business Fund Program
This is still in debating process and there is no idea when it will be finalized, but the government of Pakistan will be pick 1 Company form each sector (food, moving tickets, gifts etc) and will be providing it a fund of 5 to15 Gold (approx- not final figure) if the company has successfully kept the wages and Prices at government given figures for a period of 15 - 30 days. Please note that Government will be monitoring these eligible companies on daily basis and will be talking Screen Shots of their wages and prices and after the end of the period a list will be published for these selected companies. A form to get selected for this program will be available soon
4. Tax Problem
Here is government's Tax Proposal for this Congress.
Food
Income Tax - 8%
Import Tax - 99%
VAT - 2%
Gifts
Income Tax - 9%
Import Tax - 99%
VAT - 2%
Moving Tickets
Income Tax - 10%
Import Tax - 99%
VAT - 2%
Weapon
Income Tax - 8%
Import Tax - 99%
VAT - 2%
Question will be asked why 2% VAT ?
Value Added tax is the tax that is added to the Market Price of a Product and our current crisis is with high prices due to senseless tax policy that is in operation right now just look at VAT for Gifts. This will encourage Business to keep prices low which will benefit the consumer.
Come Forward and Discuss
Government of Pakistan is always open for feedback and discussions. Come on #ePakistan on irc and discuss our economic issues with other Citizens and government officials. For more info on how to use IRC Personal Message me.
Official Document Released to Public by Government of ePakistan
Comments
voted
Votes, can't wait for these changes🙂
voted.
please Reduce Income Tax As it is Deducted from citizen salary.keep it maximum 5%,no company withdraw his money directly from Finance page,so no tax from company owners,but it will result in low wages to citizen if the income tax rate will be high,
Iabozdar
CEO
The First Bank
Member of Congress
iabozdar not everyone can be kept happy. We have raised the income tax to uniform 8 Percent to keep getting a uniform collection for our treasury it is trade off for low VAT. Once the above tax changes are approved we will propose changes in Hospital Sector and Raw Materials. 8% income tax means 0.16 PKR to the Treasury for a 2 PKR Wage
If anyone wants to discuss this go on ePakistan forums http://www.erepublikpk.com" target="_blank">http://www.erepublikpk.com
Voted.
and you will do nothing to fix it, because you guys don't have anyone good at economy.
Ahsan please search for me on IRC need to speak to you
@fruitcommando: do you even say a word makes sense?
nice.
nice x 2 🙂!
how do you plan on forcing private companies to make the price changes?