Published in DAWN on December 11, 2021
FAIR TAXATION: With
reference to the letter ‘Fair taxation’ (Dec 7), I would like to point out that
Zakat is not imposed on income, but on the value of assets. It is actually a
kind of wealth tax and does not burden the poor. If the government cannot do
away with income tax entirely, it should impose it on those who earn more than
a million every month. Simultaneously, it should tax assets worth more than
Rs10m.
Shakir
Lakhani
Karachi
https://epaper.dawn.com/Advt.php?StoryImage=11_12_2021_007_009
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