PTBA raises alarm over misuse of taxpayer money

News Image

MG News | December 23, 2024 at 10:19 AM GMT+05:00

0:00

December 23, 2024 (MLN): The Pakistan Tax Bar Association (PTBA) has raised serious concerns about the misuse of taxpayers' money, emphasizing that it is being spent without proper consideration.

In a letter written to Chairman Standing Commitee on Finance and revenue, PTBA have outlined that Pakistan's exchequer is depleting, and tax revenue collection has not yet met the expected targets.

The PTBA has raised objections regarding large official delegations on foreign trips, increased budget allocations for non-development expenditures, and recent salary revisions for government employees. 

The PTBA asserted that taxpayers have a fundamental right to know how their money is being utilized.

Consequently, they have formally requested that your office, or the relevant ministry, provide detailed information on the allocation and outcomes of taxpayer-funded expenditures.

To address these concerns, the PTBA has recommended the formation of a high-powered Taxpayer Committee to oversee government spending of public funds.

This committee's approval should be mandatory before allocating taxpayer money for expenses such as foreign delegations, salary increases for government employees, or other non-development activities.

Even for development projects, the PTBA suggests a thorough evaluation of the taxpayer funds utilized.

The association emphasizes the need to clarify how such spending benefits the public, particularly in terms of infrastructure, education, health, and transportation.

In light of the above submissions, the PTBA respectfully requests your indulgence to establish a high-powered Taxpayer Committee at the national level with the aforementioned mandate.

This request for information is made pursuant to Article 19A of the Constitution of Pakistan.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 182,340.38
597.72M
-0.97%
-1789.20
ALLSHR 109,847.66
927.99M
-0.83%
-916.07
KSE30 55,695.28
182.31M
-1.04%
-583.23
KMI30 256,499.31
111.48M
-1.31%
-3408.58
KMIALLSHR 70,583.87
586.23M
-0.86%
-614.78
BKTi 53,211.20
106.47M
-0.90%
-482.48
OGTi 36,610.68
31.06M
-2.60%
-978.56
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,445.00 70,740.00
69,900.00
-500.00
-0.70%
BRENT CRUDE 68.80 69.04
68.44
-0.24
-0.35%
RICHARDS BAY COAL MONTHLY 96.00 0.00
0.00
0.60
0.63%
ROTTERDAM COAL MONTHLY 102.25 102.25
101.45
-0.60
-0.58%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 64.11 64.50
63.87
-0.25
-0.39%
SUGAR #11 WORLD 14.31 14.53
14.15
0.20
1.42%

Chart of the Day


Latest News
February 09, 2026 at 06:05 PM GMT+05:00

SBP sees stronger growth outlook, inflation within target


February 09, 2026 at 05:18 PM GMT+05:00

Govt borrows Rs189bn debt in a week


February 09, 2026 at 05:14 PM GMT+05:00

M2 rises by Rs722bn in a week


February 09, 2026 at 05:06 PM GMT+05:00

Pakistan to invest $1bn in AI by 2030


February 09, 2026 at 04:26 PM GMT+05:00

Nishat withdraws PAI for Rafhan Maize acquisition



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg