ISLAMABAD: Transparency International Pakistan (TIP) has filed a formal complaint against Pakistan Television (PTV) for the alleged hiring of three anchors. PTV hired anchors without conducting an open competition or advertising the positions, TIP asserted.
These anchors were reportedly offered substantial monthly salaries of Rs750,000 each under a three-year contract.
The complaint asserts that these hiring are based on favoritism and are in violation of the orders issued by the Supreme Court of Pakistan and the Cabinet Secretariat’s Management Position Scales Policy for 2020/2021. Mettis Global, a Karachi-based media entity reported this development on Thursday.
It is noteworthy that the Management Position Scales Policy for 2020/2021 outlines the procedure for appointing highly skilled and qualified professionals from the open market on a contractual basis for MP Scale positions in Ministries and Divisions.
TIP argues that this recruitment will lead to a total cost of Rs81 million for PTV over the three-year duration. It will be a substantial financial loss to the national exchequer due to the absence of established rules and regulations governing the recruitment process.
TIP has formally requested the Managing Director of PTV to investigate these allegations and, if substantiated, to issue directives for the cancellation of the recruitment order, ensuring adherence to established rules and regulations.
Tax on billionaires to generate $250 billion a year: GTE Report
The EU Tax Observatory has proposed that governments initiate a new phase in the global crackdown on tax evasion by implementing a global minimum tax on billionaires, potentially yielding $250 billion annually.
This amount, if imposed, would represent just 2% of the nearly $13 trillion in wealth collectively held by the world’s 2,700 billionaires, according to research conducted by the group based at the Paris School of Economics.
The Tax Observatory’s 2024 Global Tax Evasion Report highlights that billionaires often pay significantly lower effective personal taxes compared to individuals with more modest means.
This discrepancy is due to their ability to shield their wealth within shell companies, thus avoiding income tax
