Profit E-Magazine Issue 162

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Avoidance or evasion this week in Pakistan’s business and economics twitterverse

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nother very busy week as insane amounts of heroin worth more than entire airlines were recovered and we look into just how well the implementation of the new minimum wage has been (surprise: it hasn’t been going well) and questions about tax evasion and tax avoidance (they are not the same thing. Ariba Shahid brings you all this and more in this week’s social media roundup.

Terrifying paperwork

Favourite child Have you received a tax refund? Yes? Wow you’re great at this and have your life all sorted out. But if you’re like us and haven’t got a refund yet, why is that? Because you’re scared of the paperwork.

Implementation is key

The joke has been done to death. The State Bank of Pakistan needs to be renamed to the SBOP. It’s time. They’re not even trying to hide their favoritism anymore and we’re turning green with jealousy.

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This year we applauded the budget for increasing the minimum wage. But what’s the point when it isn’t implemented, and that too by a booming industry? We need to do better in terms of our domestic help, but there also needs to be a lot of regulation of industries operating in the formal sector.


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Profit E-Magazine Issue 162 by Pakistan Today - Issuu