How Do the Owners Hide their Real Profits

Junejo, Arif Iqbal (2022): How Do the Owners Hide their Real Profits.

Abstract

This report aims at the analyzing the impacts different illegal activities in the textile sector of the Karachi, Pakistan. In Pakistan including Karachi there are several issues those arises when textile business owners hide their real profits to save taxation. The issues like smuggling, money laundering, financial frauds in the companies, frauds in paying taxes etc. currently this issue has been under consideration that the CBR has reduced the sales tax rate to the zero percentage. So the business owners of the textile companies want that the previous sales tax which was imposed on them should also be reduced to zero.

• Item Type: MPRA Paper
• Language: English
• Keywords: Profits
• Subjects: G - Financial Economics > G0 - General; G - Financial Economics > G0 - General > G00 - General

References

1. Ahmad, B., & Ali, S. B. (2012). Do Individual Investors in Pakistan Prefer Dividends?

2. Ahmad, M., & Ali, S. B. (2008). Technical Analysis in the Stock Markets of Pakistan: A Case of Commercial Banks.

3. 12. Aleem, M. U., Ali, S. B., Naz, S., & Baig, U. (2021). Recognizing the Influence of Training Needs Analysis on Performance of Business Faculties in Karachi Business Schools. KASBIT Business Journal, 14(2), 37-52.

4. 13. Aleem, M. U., Purwani, M., Ali, U., Ali, S. B., & Bhojani, N. (2018). Power of Training and Development on Employee Retention in Pharmaceutical Organization, IBT Journal of Business Studies, 14(2), 148-157.

5. Ali, M., & Ali, S. B. (2014). The impact of working capital management on firm profitability and fixed investment in Pakistan.

6. Ali, S. B., & Ali, S. M. (2011). Factors Affecting the Adoption of Islamic Banking in Pakistan.

7. Ali, S. B., Arif, K., Galani, S. Q., Khan, Z. S., Mubeen, M. (2022). A Review on Valuation and Corporate Finance. In Periodicals of Social Sciences, 2(2)

8. Ali, S. B. (2012). Corporate Governance and Accounting Practices in Pakistan.

9. Ali, S. B., Hussain, B. M., Baig, U., Khan, Z. S., Raza, A., & Murad, H. (2021). The Enigma of Capital Structure Theories: An Empirical Investigation Between Peer Corporations in Pakistan. International Journal of Advanced Research in Engineering and Technology, 113-124.

10. Ali, S. B., & Iqbal, M. F. (2009). Exchange Rate Volatility in Emerging Economies-A Case of Pakistan.

11. Ali, S. B., & Umyani, M. M. (2013). Capital Structure and Financial Performance: Evidence from Pakistan

12. Ali, S. B., & Khalidi, M. A. (2020). Valuation of equity securities, private firms, and startups. IBT Journal of Business Studies (JBS), 16(1).

13. Ali Zaidi, S. N., & Ali, S. B. (2006). Risk and Scope of Debit Check Card in Competitive Market of Pakistan.

14. Arshad, M. A., Ali, S. B., Masood, K., Syed, A., Jabeen, N., & Sabir, R. I. (2021). The Nexus between Culture and IT Capabilities and Innovation Capabilities: Focusing on Manufacturing Firms in Pakistan. Multicultural Education, 7(9).

15. Arshad, M. A., Ali, S. B., Jafri, S. K. A., Arshad, M. H., & Sabir, R. I. (2021). Effect of Organizational Culture and Information Technology Capabilities on Innovation Capabilities: A Case of Manufacturing Firms. Elementary Education Online, 20(5), 6388-6388.

16. Arshad, M. Z., Ali, S. B., Sabir, R. I., Shahidan, A. N., & Arshad, M. A. (2021). The interrelationship between Orientations and SME’s Performance. Turkish Online Journal of Qualitative Inquiry, 12(7).

17. Daulatzai, M, U. K., Ali, S. B., Jafri, S. K. A., & Awan, M. H. T. (2021). Impact of Green HRM on Environmental Performance: Mediating Role of Employees’ Organizational Commitment, International Journal of Disaster Recovery and Business Continuity, 12(1), 405–412. 18. Hussain, Z., & Ali, S. B. (2009). Implementation of Operational Risk Regime: A Case of Commercial Banks in Pakistan.

19. Murad, H., Ali, S. B., Baig, U., Raza, A., Ali, S., & Abdullah, A. (2021). Comparative study: conventional and Islamic banking performance in Pakistan. International Journal of Management (IJM), 12(3), 448-459.

20. Rizvi, A., & Ali, S. B. (2011). Risk Taking Behavior of Investors of Pakistan

21. Ullah, Z., Sulaiman, M, A. B. A., Ali, S. B., Ahmad, N., Scholz, M., & Han, H (2021). The Effect of Work Safety on Organizational Social Sustainability Improvement in the Healthcare Sector: The Case of a Public Sector Hospital in Pakistan. International Journal of Environmental Research and Public Health, 18(1), 1-18.