You must have known Nadir Ali who is the most famous prankster in Pakistan. Many pranksters are on his stepping stones to earn the same success. Famous Prankster of P for Pakao Nadir Ali Gets 13 Milion Tax Notice from FBR.
Nadir Ali, a man of laughter of more than 3 million subscribers. He is a Famous YouTube star who runs a channel called P for Pakao and earned recognition after hard work and travail. Moreover, his channel is featured by short videos, that are rolled on credulous people roaming around on roads and streets.
Nevertheless, to one’s surprise, the tax authorities noxiously believe that Nadir owes them Rs13 million. Let us dig deep about the prankster’s interesting line of fame to collaborate tax authorities claim.
A Few Minutes Short Videos hit Millions of Likes
The prankster videoed nearly of few minutes but viewed and praised by millions. Though, the channel has congregated more than 820 million views in total, making it one of the largest online channels in Pakistan.
Famous Prankster of P for Pakao Nadir Ali Gets 13 Milion Tax Notice from FBR
It is not known that when and why a “secret inquiry” was launched, but according to the department,
“The matter referred to the Chief Commissioner Inland Revenue Tax Office (RTO)-III in Karachi for implementation and recovery of the tax evaded.”
During the investigation, tax officials say,
“Numerous notices have been served on him. He has not replied to any of them. He now has the option to appeal the order before the Commissioner Appeals in the RTO office in Karachi.”
According to FBR officials, “Online Earners” Usually Concealed a Major Part of their Earning
People who are minting online money are generally accused of hiding figures for tax purposes. Nadir is a newfangled iconic story, rising from oblivion to an internet star in four tiny years. He initiated his YouTube channel in May 2016 and now has a vivid recognition on Facebook and Instagram as well.
As a resident of Pakistan Nadir has registered his income tax returns with the income tax department on Oct 13, 2017, and filed returns for the tax years 2016-2019. In the first two years (2016 and 2017), he declared nil income, while in the following two years — 2018 and 2019 — income was declared at Rs809,762 and Rs14.44m, respectively.
Reservations of FBR against Nadir Ali
The FBR investigation divulges,
“Nadir’s tax returns do not contain a full record of his income, leading us to believe he has concealed his income. As per details, Nadir received an income of Rs2.186m in the tax year 2017, Rs28.335m in 2018 and Rs46.762m in the tax year 2019. The details of the payment have been verified by the FBR from YouTube. The taxpayer has received more than Rs10m of foreign exchange during the year on which exemption was claimed without furnishing proof to the tax department. At the same time, the taxpayer maintained a bank account, which he did not declare in the wealth statement.”
A Senior official of the FBR said
“People need to realize that incomes generated from online content is taxable and records need to be maintained for five years and declared in their annual return filings”
Speaking to Dawn through his lawyer, Nadir Denied Allegations
“We received their notice and responded through in-person appearance and then applied for an extension in the time to file a response and our application was approved. We are working now to resolve this through all proper channels.”
Nadir Ali’s case inscribes an initial landmark in the FBR’s ongoing efforts to target online income recipients. Online entrepreneurs are escalating their business through content sharing platforms like YouTube, Instagram, Facebook, and Twitter. The tax authorities are in trouble to reach the realm of online minters and the tax department’s capacity to identify monetary streams.