Heading: PTBA DEMANDS ACCOUNTABILITY IN UTILIZATION OF TAXPAYERS MONEY - 2024-12-20
Karachi, December 20, 2024 – The Pakistan Tax Bar Association (PTBA) has raised critical concerns over the utilization of taxpayer funds, particularly for foreign trips and inflated government salaries. This pressing issue was articulated in a formal letter addressed to Syed Naveed Qamar, Chairman of the Standing Committee on Finance and Revenue, National Assembly. Anwar Kashif Mumtaz, President of PTBA, voiced the association’s apprehensions, emphasizing the precarious state of Pakistan’s finances. “The exchequer is under immense strain, and tax revenue collection has consistently fallen short of expectations,” he remarked. Mumtaz underscored that the apparent imprudent allocation of taxpayer funds—ranging from extravagant official delegations abroad to non-development budget hikes and recent salary revisions for government employees—demands urgent scrutiny. “The taxpayers have an inherent right to transparency and accountability regarding the utilization of their hard-earned money,” Mumtaz stated. He further urged for clarity on how these expenditures contribute to the nation’s welfare, particularly when Pakistan’s economic challenges call for stringent fiscal discipline. The PTBA’s letter recommended the establishment of a high-powered taxpayer committee. This…
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