25M$ Nawaz Sharif’s Children offshore companies
The two companies of Nawaz Sharif, the Prime Minister of Pakistan, children mentioned in the Panama papers are worth 11.2 M$ and 13.8 M$ each, a total of 25 million dollars. Zakat that is charged at 2.5%, if applied on 25M$ comes to 0.62 M$ or 62 million rupees per year, so how can the people Pakistan accept the Prime Minister to pay a less amount as tax in ten years, when taxes are charged at higher than 2.5% from the rest of Pakistan.
Engr Shahryar Khan Baseer
Peshawar