US Iran Peace Deal | Ho Kya Rha Hai With Irshad Arif & Faisal Abbasi | Asif Durrani | Dr Abid

[00:00:06][Music] [Music] Greetings. You see what is happening.

[00:00:17]I am Faisal Abbasi.

[00:00:19]Group Editor 92 News. Irshad Ahmed Arif, everyone is together. The keys to the world are on Friday.

[00:00:23]When America and Iran will sign the MoU in Geneva and at the same time it has also been announced by America that after the meeting to be held in Geneva, the next phase of this issue will begin. Iran has also confirmed this. However, the latest statement that has come from Iran. Abbas Araqchi has said that if Israeli attacks continue in Lebanon, it will be a rebellious idea of ​​Iran-US conflict. Donald Trump has said that Israel would not exist without America. At the same time, he has once again threatened that if Iran tries to acquire necessary weapons, it will be blown up. Ah, Donald Trump, while criticizing Netanyahu, has also said that you blow up an entire building to find one person and it is not necessary that every person is associated with Hezbollah.

[00:01:11]Apparently, it appears that if there is anyone who is most worried about Iran and America's alliance, it is Israel. And Donald Trump is now criticizing Netan Yahoo, either directly or through the bill, for their policies. The American media is also reporting that the war is posing a threat to America's allies as well.

[00:01:33]His ministry may also be lost.

[00:01:35]And this agreement that is being made at this time has global implications. Oil prices have fallen in the global market.

[00:01:41]Musashi gestures are getting better.

[00:01:43]But what impact will it have on America's internal administrative and political structure? We will have some detailed discussion on this in today's program.

[00:01:50]Today an important meeting was held between a top security officer and journalists and the security officer present there said that every time the Prime Minister tweeted, there was news in it. He also said that the role of Field Marshal in the America-Iran issue is for peace. Pakistan will protect its interests and also said that we understand the intentions of India and Pakistan is also aware of every threat. On the other hand, the state budget has been presented today by Punjab. At the same time, there is now a debate on the Finance Bill, which is the national budget of Pakistan.

[00:02:29]But as the global situation has changed, the Muashi gestures are getting better.

[00:02:36]Can any major amendment be made in this? Especially to what extent will the oil prices come down? We will talk about all these matters. Asif Durani sir is joining us.

[00:02:43]You are a Mynas recommender.

[00:02:46]You have also served in Iran.

[00:02:47]Thank you very much Durani sir. Will chat with you.

[00:02:49]Irshad Sahib, most of the time it is Friday and it is Jummatul Mubarak. The only hope for the world is that this will be a blessed Friday. The statements that are coming now contain both tolerance and remorse. America is also talking about going together with Iran.

[00:03:06]But the significant role that is currently being played as a spoiler is that of Israel. It belongs to his followers. And they still continue to attack Lebanon and Donald Trump had to say that without us you would not exist. Which way will US-Israel relations go?

[00:03:25]Look, the existence of Israel is a deceased request of America, American aid is military, financial, economic, of all kinds, but right now a direct relationship is going to be established between Iran and America, which is expected after this matter, but I was just watching the statement of the translator of Qatar's Ministry of Finance, although Mr. Trump is saying that we will not give any such money or do any bribery, but he was confirming this $300 billion deal, we were saying that it will not be all development or there will be no development funds, there will be investment in it, there will be participation in it and there will be rehabilitation of this kind, in that, in a way, he tried to cover it up, but he is confirming the figure of $300 billion. So Israel knows that if it gets $300 billion, it has its own Mujamad Assas. There are about 120 billion dollars, they get restored.

[00:04:38]Restrictions end.

[00:04:39]He has oil. He has the gas.

[00:04:44]And it emerges as a strong state. So the way he has brought Egypt, Jordan, UAE and other Arab slave masters to the throne, we, who call ourselves Punjabis.

[00:05:01]We have deployed it below, he cannot deploy it on Iran.

[00:05:04]Therefore, he will make every possible effort for two things. We should not become powerful like Iran and America should not be able to stop the web of conspiracies that Israel has laid against Iran.

[00:05:21]Now we have to see whether the Trump administration and America give priority to their interests or to the interests of Israel, this is the basic thing. Yes.

[00:05:32]But I think Asif Durani Sahab can guide us better in this regard.

[00:05:37]He can tell the current situation and details of the issue that have come to light.

[00:05:43]What did you see in this as a recommender that this agreement, MU MoU, Islamabad is a card.

[00:05:55]Whose side seems to have the upper hand in this and what has America gained and what is Iran going to gain.

[00:06:00]Jani sahab ji, thank you very much, Irshad sahab, Faisal sahab, in my opinion, if the real scale is heavier then it is that of peace and in this it is difficult to say whether the scale is heavier of America or Iran because its calculations are yet to be done.

[00:06:25]Yes, Iran has suffered a lot of losses. But at the same time, the diplomatic and geopolitical efforts that Iran has shown to prove itself have rendered even a power like America helpless, let alone Israel, and this fact is coming to light now because Israel was doing all this while hanging on to America's court tail, so now what Donald Trump has said is that in reality, Israel's existence is due to America.

[00:07:01]So this is a kind of warning to Israel.

[00:07:04]But President Trump is famous for his ability to change his statements quickly.

[00:07:16]So for now, we have to take it with a pinch of salt. The real issue is that at this time you have seen that the oil prices have reached the lowest level of its prices of the last three months. It has come down to less than 80.

[00:07:41]This is a huge understatement. Similarly, stocks across the world have gone up.

[00:07:45]This means that you are coming towards economic revival. It can be expected that oil prices will come down in Pakistan because the reason for increasing petrol prices is now that if these prices come down in the domestic market and when you look at this overall scenario, it is becoming clear at this time that diplomatic approach is better than military approach. The results of that are more powerful and they lead you towards enough peace.

[00:08:30]So these are lessons for America as well as for Iran.

[00:08:35]What is the lesson for Iran? Iran, which played the proxy game, should now realise that it is not the only country in the world or that its revolution is not a unique revolution that it wanted to expand upon and similarly Israel will now have to realise that if it wants to survive, it will have to follow the two-state formula.

[00:09:01]Yes, this is the topic of the lesson, but now, on Friday, the formal ceremony will be held, which will be called Islamabad MoU, Islamabad One, so in that, you should definitely see the efforts that Pakistan made along with other friendly countries like Iran, Qatar, Saudi Arabia, Egypt and so the results of these are coming before you and this was a very tedious and patient task and in that, Alhamdulillah, Pakistan got the success which is being acknowledged all over the world and Sahibani Sahib, this is just a first stage. Mr. Trump is also saying, Iran is also saying that the second phase of talks will start from Friday and obviously those who create obstacles will create obstacles in that too. Now you understand that the chapter of war has been closed.

[00:10:08]Now there will be competition only in safari. While sitting at the safari table, efforts will be made to satisfy each other with arguments.

[00:10:18]And the show of power will take place on the negotiating table. The field will not be in battle.

[00:10:25]Yes, I understand this because if you look at the statement of Prime Minister Shahbaz Sharif, the ceasefire has been stopped on independent grounds.

[00:10:37]So this is a very positive and important step. He is experienced. So that's why this is an Asan Wo. Yes, now the details that they have given in 60 days about the nuclear issue will also involve IIA because actually America will not be able to do that, it is possible that the technical expertise and legitimacy that IIA has is not even with America. So, it is very important to have the seal of the IIA to assure that Iran does not have any valid objection in Iran and Iran will also have to further declare that it does not have any such capability to move towards nuclear weapons. Yes.

[00:11:40]Ok. One by one break Darani Sahib development is that this is happening in Burger Stock on Friday. Geneva was the first name to come up, but now Bergen is in stock.

[00:11:48]This has been finalised. Come back after a break.

[00:11:57][Music] Welcome back after the break. The new Islamic year has begun. The prayer is that this year brings good fortune, prosperity and peace for Pakistan and humanity.

[00:12:12]Amen summa amen. Asif Durani Sahib is present with us. Durani Sahib, after all this that has happened, what is America's opposition? Has America been able to maintain its credibility? And especially he will be able to protect his greatness in the field or his benefits in the field.

[00:12:35]Look, America is still a superpower and its national value cannot be underestimated and more than that, the land owners, especially the Gulf owners, look towards America. Right now we have not reached that stage where the owner of the region, Bashool Pakistan, takes a decision to monitor the security, infrastructure and architecture of this entire region.

[00:13:11]Although I think such things have started now. So in this we can say that America is a super power, that is, in our debate, the concept of victory and defeat that we have in our minds is not like that when we lay down our arms. Now we have reached a time when I have argued earlier that Iran had a geographical advantage and hence the Americans and Israelis were not capable of landing their troops on Iranian soil.

[00:13:52]If they did, they would have suffered a lot of loss and damage. So that was out of the question and that's why.

[00:14:03]Yes, now the war is over. It was necessary to end the war because it was America that started the war and it was America that had to end it because you will see that Iran cannot be held guilty in it.

[00:14:16]Iran still has the highest losses.

[00:14:22]Iran has many losses compared to Israel or America.

[00:14:26]Approximately more than 4000 Iranians have been killed.

[00:14:32]Their top leadership and after that, their infrastructure is about 300 billion dollars, the infrastructure which has been destroyed, about which this is being talked about, a fund will be established for its rehabilitation and America will also contribute but it will be a contribution that America will try to get contracts, so you can understand that in this also they are seeing their benefit in this war and yes you can say that the positive aspect of this is that there is a possibility that if this contract is given and [sound of clearing throat] if the sanctions on Iran's energy sector are lifted, then in that case American investment can happen in Iran's energy sector because Iran very much needs to renovate its energy sector. At present, Iran's quota in OPEC is 4 million barrels per day. But its production capacity is almost half. The reason is that their machinery has become old and new replacement is not possible because there are sanctions in place.

[00:15:46]So this possibility has also arisen. This destruction has definitely happened. But along with this, if you see, the businesses in the world start after the wars and I also see this thing happening like this.

[00:16:01]Now if you remember that earlier Abbasi Sahab had talked about its spoiler, then that is definitely a possibility. But in my opinion, if America wants to control Israel, it can do so.

[00:16:16]Because Israel cannot do anything without America's consent. Yes, okay, Dani Sahib said that earlier there was a lot of noise about the Abraham Accord and Israel was settling and occupying areas. Now when this war ends, will America and Trump still go towards the Abraham Accord as he talked about today, will it further strengthen Israel or will the possibility of the establishment of an independent Palestinian state, which is the formula of two states, increase?

[00:17:02]See, the formula of two states is of OIC, that is, it was presented by King Abdullah but it is adopted in OIC and it is also recognized internationally, Israel denies it, it denies it but ultimately it has to be two nations because it cannot be one nation, what is it, they will uproot Palestine from the occupied areas and send it somewhere else, so this is not possible and now there is a debate in Israel and even within Israel that this war which has been started by this leader, 80 percent of them now think that they have failed miserably. Yes, what is the reason behind this that the way an attempt was made to suppress Palestine or the way they expanded the scope of this war towards Iran, their commitments were not fulfilled and when these commitments were not fulfilled, then there is a debate within Israel itself that the so-called security of Israel is not being insured and then if they launch their salute tactics in Lebanon and try to capture Southern Lebanon, then Iran has made a big announcement that that is our red line and we will not tolerate that. So now America will have to decide what mediatory role it plays in this matter and how it explains things to Israel.

[00:18:45]Otherwise this talk of peace will remain temporary. There will always be a doubt that the conflict may start again.

[00:18:56]Correct. Sir, please tell me that now if the sanctions are lifted, there are possibilities for it and the Israeli and Iranian media is claiming that both the issues are included in it. If it gets $300 billion as compensation or as development fund.

[00:19:13]So, firstly, how will Israel digest this and what can it do to make it fail. The second issue we have is how easy it will be for us to purchase oil and complete the gas pipeline, how much strength will it bring to our overall profits based on our hard work, yes Irshad sahib, there are opportunities in this, first you should talk about gas, that is, the agreement has been done for it, enough for its development on the Iran side, approximately only 200 kilometers off our border, they have already done their pipeline.

[00:20:00]Actually, we have to take it to Multan and for that we need approximately 5 billion dollars and initially, one or two companies had shown interest but they withdrew. The expenditure is approximately 5 billion dollars and the American Armed Forces are at their place, they have been threatening us in this matter even before that you should not sign because we had already signed because it is in our national interest and secondly, despite getting gas from Iran, we will have to face its shortfall and in that, we will still need the gas pipeline plan of Turkmenistan, Afghanistan, Pakistan and India.

[00:20:48]Pakistan is a big market.

[00:20:52]India is also a big market.

[00:20:53]So these things and if the way this agreement has been reached between Iran and America and if those sensitivities are removed, then in that case the path will become easier for us also. It will happen and we will have to try for it.

[00:21:09]Sir, what will be the nature of relations between Iran and India in this post MoU or post war scenario?

[00:21:20]See, the relations between Iran and India were more commercial.

[00:21:31]Before the imposition of these sanctions, before the imposition of Trump's sanctions, Iran was defrauding India of oil worth approximately 10 billion dollars.

[00:21:46]I think if India wants, it depends on how it will happen in future, but the kind of relations India has with Israel, in the geopolitical context, I think Iran will always look at India with suspicion.

[00:22:08]Yes, that is correct. A which was a briefing from a security officer even today.

[00:22:14]Sintas Moyde was mentioned in it.

[00:22:16]Pakistan's interests were mentioned. The decision also came in favour of Pakistan.

[00:22:21]But there is a stubborn person in India.

[00:22:23]Narendra Modi's book also came out yesterday that when he mentioned Iran America Moede but he did not mention Pakistan in it.

[00:22:30]So, how pragmatic is Pakistan's approach on the issue of water related to Sintas Moyde and what further moves can India make in this?

[00:22:44]See, as far as the Indus Water Treaty is concerned, it is Muslim in itself and Pakistan 's demand in it is Muslim. Whatever India has done to him is illegal. He has challenged Pakistan.

[00:23:01]And India should know that there will be an act of war. If Pakistan's water is stopped.

[00:23:11]We should not have any doubt in this matter and Indians should also have clarity that this will be an act of war.

[00:23:21]So the second thing is that the way Modi sahab has congratulated Iran and America, it is your whim. The way India is now standing on the sidelines, it is isolated, ideally it should have happened that India should also have joined in this effort and if he had shown a little bit of Ala Jafi, he would have congratulated Pakistan as well, just like the leaders of the rest of the world, the leaders of Europe, they praised the efforts of Pakistan, praised the leadership of Pakistan. So but there's that thing about Zarf. Therefore, you can see that there is an element of jealousy in it. So that's why we should just see it and feel it.

[00:24:15]Well, India and Israel are capable of jointly trying to thwart these peace efforts.

[00:24:25]I don't think so unless America is involved and secondly, India cannot do anything geographically.

[00:24:34]Israel also cannot do anything geographically.

[00:24:36]And if he does, against whom will he do it?

[00:24:39]Iran has already challenged them against Iran and whatever efforts they have made, Iran has given a befitting reply to them.

[00:24:48]We have seen this and now Pakistan has become more aligned with the part of West Asia and if the security architecture of the future is made, then in my opinion the important pillars of its development would be Pakistan, Saudi Arabia, Turkey, Egypt and Iran, but Iran will have to give guarantees to the Gulf States that they want to work in a secure and safe manner.

[00:25:25]We are right, absolutely right, this war, Mr. Darani, which you have mentioned in the Gulf, if seen by and large, has also become a means for Iran to establish relations with some countries or to further advance them. So what do you see as the future of this region now? There is talk of various defence pacts among Muslim countries, but do you see Iran becoming an economic partner or is it still far away?

[00:25:57]See, Iran had good relations with all of them, especially with UAE, their trade was almost 33 billion dollars before the war and while so many negotiations or threats continued, after that Iran's political relations with Oman and Qatar also became very good, then with the Chinese mediation, their relations with Saudi also became good and you must have also seen that in this entire war, because America has about 13 bases in these countries, Iran attacked them for being enemy territory, but those countries did not attack Iran in retaliation because they also realized that these bases did not prove to be a support for their security, rather on the contrary, they put their security in danger.

[00:27:00]So now the Gulf States should also realise how they see their future security framework and what they want to do in this matter in the future and then you have also seen that Qatar also has possibilities in the strategic partnership between Pakistan and Saudi Arabia. There are possibilities within it and there may be Gulf countries also. And President Fan had also welcomed the Iran-Saudi-Pakistan strategic partnership, so there is a need to create an atmosphere for it and everyone has been shocked by this. Gulf's owner has also suffered a setback. We, who were not even involved in this war, have also been shocked. So now this shock is enough to give space to the owners to sit together and find a solution so that tomorrow such people cannot do any adventure.

[00:28:08]Yes, that is correct. Durani Sahib, please tell me that the defence pact between Pakistan and Saudi Arabia, in the current war situation, has itself become a means of balance between Iran and Saudi Arabia diplomatically.

[00:28:24]Look, in this, in my opinion, Pakistan's diplomacy plus you have to appreciate the Saudi leadership, especially Mr. Mohammed bin Salman, his foresight also intervened and he did not let the matter get out of control and this is the reason that the rest of the parties also realized that this matter should be left to Iran-America or Iran- Israel.

[00:29:02]So, I think this was a positive development and I want to see beyond this and that is that now in the overall security architecture, if the Gulf powers, especially Saudi Arabia and UAE, come together, then UAE will have some doubts about their relations with Israel, but I think while remaining in the Gulf, UAE's doubts will also be very less and Israel can give guarantee to UAE and UAE has also seen that if Iran has attacked anywhere other than any American base, then it has done so on UAE. So that's why those American concerns were based on those commercial concerns. But in a way a message was also given to UAE. So this Sahibani Sahibani Sahib should ask the last question that the Iranian leadership which is a political leadership, a revolution, is a revolutionary leadership. Understanding their temperament, you can understand that the conflict that Pakistan and Saudi Arabia did, the Arabs did not allow it to become an Arab-Iran war. The leadership there will also realize this and will understand that our enemy is Israel and if we are going to make friendship or deal with America, then considering this country as our brother, the attitude adopted by Mohammed bin Salman and the people should respect it and try to move the relations forward.

[00:30:53]I feel this very poetically that the Iranian leadership will not be able to ignore this, otherwise they will realize that they can also bring these matters to an end, they also had a lot of lethality and if they too had gone, it could have been very difficult for Iran. Therefore, in my opinion, the first revolutionary of Iran was the methodologist of expectation because his philosophy in revolutionary setups is that the best defense for a revolution is to expand it, to spread it.

[00:31:44]But in this case, the lesson that Iran should learn and will learn is that they expanded themselves and stretched themselves too thin, due to which their liabilities increased, be it Iraq, Syria or Lebanon. So, for us, if you look at Syria, Iran had invested so much in Syria, what happened, he was the former leader of Daesh, now he is sitting there and now Iran does not even take his name, so these big ground realities will have to go towards him and we will also see this. Iran will have to see what the people want in order to either heal or maintain its losses. So, whatever the day after scenario is, if I say a couple of sentences, the day after scenario is that now Iran will have to take care of itself because there is almost 60% unemployment among the youth force there. The inflation rate is 75%.

[00:32:54]Now he will have to face all these challenges.

[00:32:58]Correct. Thank you very much Asif Durani sir.

[00:33:00]Thank you very much for your time Irshad sir. Now this situation has changed. But the people of Pakistan have a basic point, demand, issue, demand, request, demand that how cheap will petrol be. So what do you think? People are saying that it should be at least ₹100. The prices of petroleum products should be reduced.

[00:33:20]So, if you do n't see, Shabaz Sharif Sahab, as long as he was the Wazir-e-Azam of Punjab and now when he is the Wazir-e-Azam, he always had one slogan. Firstly, you know that Mian Shahbaz Sharif is a well-known socialist, which used to be a term for a well-known socialist, he is not a leftist, that is, his behavior, or the fact that he sees himself as a friend of the people, who wants to serve the people, who cares about their prosperity and has revolutionary thoughts. This can be debated as to how much revolutionary he is or is not, but he claims this, and at one time, his attire was also such that he would dress like a revolutionary.

[00:34:25]So now this is his opportunity to prove that when the oil prices have fallen in the global market, it has fallen even more. When you made it above 400, you expected that it would go up to 400, that is, 125, 20, 25, 23 dollars, now it has fallen below 80 and it seems to be coming down. If it remains till 65-67, then at least this Friday we should expect that there will be a reduction of ₹ 120 per liter in petrol and diesel.

[00:35:02]Yes, this is less. If we do this further, it will mean that he has truly given proof of his friendship with the people.

[00:35:10]Now, their simple advisors are the people brought by the IMF or whose thinking is always that they should just please the IMF. If people go, do not let them realise the impact. Do not listen to them at all and provide relief to the people. Because their strength, their dog, Pakistan's strength, Pakistan's dog is the people.

[00:35:39]If the people are happy, if the people are prosperous, the people will have money for health. There will be healthy people. There will be money for the education of your children.

[00:35:50]They will work with cheerfulness, work hard and can remove Pakistan's debts and financial burden. That's absolutely right Irshad Sahib. Anyway, it is the last week of Malak and we have also achieved the levy target. So now there should be some relief for some time. having a break. Will be back after the break.

[00:36:10]Stay with us.

[00:36:13][Music] I'll be back to cheering you on after the break.

[00:36:22]A survey report has come out from Mishal Pakistan, an organization linked to World Economic Forum. This is the State of Freedom Report 2026. Around 2000 people have given their opinion in this and most of them are educated people. There were also some PhD doctors.

[00:36:35]Overall, Irshad Sahib is talking about how much freedom is there in which institution in Pakistan which is a functional state, how much trust the people have in the institutions, along with this he has made some points, he has discussed all kinds of freedoms in Pakistan and the important thing which I have seen in this is that firstly, the representation of women is quite good, there are 60 seats in the National Assembly. Then there are nine to ten women included in Vifaki's cabinet.

[00:37:03]Similarly, Subai is in the cabinet. But the number of cases in the Supreme Court or High Courts in the justice system was also said to be quite high. There are 4 lakh cases pending in the High Court. There are more than 1 lakh prisoners in Pakistan and surprisingly there are about 66% more prisoners in the jails of Sindh and Punjab than the capacity. There are 166% more prisoners in Punjab jails. And there are 161% more prisoners in Sindh jails.

[00:37:31]And there are many more such cases.

[00:37:35]Basically, we cannot say that the number of prisoners should be increased.

[00:37:40]But this should not increase the number of prisoners. Population facilities are proportional to the population, where 100 people are needed, you have 261 people there.

[00:37:52]We think this is an excess. Obviously, the food you prepare would be for 100 people.

[00:37:58]You have 100 rupees left, then you must be reducing the same food or reducing its quantity, where there should be four people in a room, you must have put nine people, 10 people, so this should be done, as far as the case is concerned, the system of justice, but whatever compromise has happened or is happening or seems to be happening, what is this statement of Chakwal, if you [sound of clearing throat] have given the right to any institution, be it the police, be it the CTD, be it the CCD, that the law, be it the court, can punish someone, then you are giving air to the violence in the society. You are demonstrating lawlessness and later you come to know that an innocent person has been killed, then he cannot be compensated. Yes, therefore, according to this report, the questions on Nizam justice need to be addressed.

[00:39:10]Absolutely fine.

[00:39:11]Whatever other things were done, whatever assurances were given, I am thankful for that, however, I did not find anything special in it regarding policing, it is an interesting thing, that should have been there too.

[00:39:23]What Irshad Sahab says is that the admission criteria for higher education is only 13s. That means 87% of your population does not have the training for higher education to take admission. So this is a very alarming situation.

[00:39:37]Bal will discuss all these matters. Abid Sulari Sahib has joined us.

[00:39:42]The meaning is Mashdan. Sulari sir, thank you very much for your time.

[00:39:45]Firstly, how is your organization, Sulari Sahab, SDPI looking at this budget?

[00:39:50]But before that there is a common question. The circumstances have changed. Oil prices have fallen in the global market.

[00:39:56]What do you think, by how many rupees per liter should the government reduce the price of petrol and diesel now?

[00:40:06]Thank you, if you permit me, I would also like to comment on the conversation that was going on here.

[00:40:11]Look, the number of prisoners in prisons is absolutely correct and more prisons should be built. But this is a reflection of our law and justice system. Out of these, there are thousands of such prisoners who are waiting for the hearing of their applications in the lower courts and have been waiting for many years.

[00:40:31]If you look at the pending cases in the courts, we later find out that after spending 25 years in jail, he came back after being acquitted with honour. So, there are many such people, if a little attention is given to the speedy justice system, like speedy killing, similarly if attention is given to the speedy justice system, then I think that many innocent people will be saved from rotting in jails. Now when it comes to the budget, STPI understands or I personally understand that this is a budget of fiscal consolidation.

[00:41:12]You cannot expect growth in fiscal consolidation. The work which was started by Prime Minister Nawaz Sharif as the head of the PDM government was later taken forward by the late Shamshad Akhtar Sahib. Prime Minister Shabaz Sharif Sahib, at that time, had called the MD of the IMF and made a special request for the IMF program, which was later taken up by Late Shamshad Akhtar Sahib and now by Senator Aurangzeb Sahib, I think they have taken it forward in a very good manner, they did not let the IMF commitment get influenced by politics and this is the reason why your big gestures are looking better to you now, but the burden of all the implementation was borne by the documented economy, it was the salaried class or it was the documented business sector and in this budget, that thing was realised and because of that, some relief was announced for the documented economy. Even now, the thing which could have been done better or should have been done is that you do not see much about the undocumented sector as to how it can be brought into the tax net. In agriculture, I always say that tax on agriculture is a non-starter because if you cannot bring the documented economy into the tax net, then in such a sector or if we have some land which falls in that taxable limit, then we have to prove whether we had actually planted crops there or not. To prove whether I was able to put all the inputs that were there or maybe I put the fertilizer late. I sprayed the medicines late due to which my crop flopped. If I do not make any profit from there then what will you charge me tax for? So this will be possible only if agriculture is documented, which I do not see happening in the next 20-50 years.

[00:43:04]So you can forget about that, but at least there is no concrete effort to bring this documented sector of yours into the tax net, Doctor Sahib, Doctor Sahib, the thing is that the government is paying taxes in the documentary sector. The salaried class is paying taxes. In agriculture, you cannot measure the yield of the crop, but you do have an income, so at least you should make it mandatory for you to deposit the income in the bank.

[00:43:32]I can get that tax taken away.

[00:43:35][sound of clearing throat] your retail and wholesale sector, you should bring it into the tax net. The consumers who are paying GST after eating in the restaurant, then make it mandatory for the restaurant that if they have taken GST of 5% or other 17% on the credit card, then at least they should pass on the tax collected from the consumer to the FDR. Agricultural income can be taxed only if your cash economy or income above a certain limit ends. If you are not able to finish it even today, I will see that you go to any place in Pakistan and make a deal for a house plot. He asks you, okay, this is four crores, so its price is?

[00:44:17]Tell me how much is to be written in it and how much will you give in the form of cheque or cash? If you still have half of the Rs. crore, you can give it there in cash or you can give it in a blank cheque, sorry, in a pay bar cheque, so you yourself understand how the tax will be collected, if there is an economy document then the tax will be deducted, if there is no economy document then only those people will come under the grip of tax who are salaried or who are documented big corporate businesses who cannot hide their income, otherwise Doctor Sahib, Doctor Sahib, Doctor Sahib, this is about documentation. A man buys a car. He shows himself to be a non-filer.

[00:44:58]Obviously, he also submits his identity card there. That has already come in the documentation. It has come on the net that he has bought so many houses or cars or a plot. But why don't these FBR or these tax departments bring it? Why don't they make themselves filers automatically? It is an easy way for them to meet their revenue. If a person is a non-filer, then impose a non-filer penalty on him and take the money and by Allah's grace, everything of his becomes kosher and halal. So brother, this is exactly what you are saying that instead of imposing a penalty on a non-filer, he should be made a filer at that very moment.

[00:45:43]Okay, I am a non-filer until I am not buying a car, I am not buying a plot, I am not buying a house. Whenever I make any transaction, you make me a non-filer at that very moment and after that you tell me that now you should start submitting your returns.

[00:45:56]This means there is no rocket science in these things but one hopes that the government is saying that it is creating three wings of the FBR. Audit and assessment is being done halfway. Enforcement is being done halfway.

[00:46:10]Field operation is being performed.

[00:46:13]But Doctor Sahib, Doctor Sahib, you will definitely feel the danger that first one department comes to take bribe and then three will come.

[00:46:21]I don't think so, but if all three are independent then it will be better and this is the framework of OECD. That means if we look at the police, the investigation has become separate and the operations have become separate. But the condition of the people remains the same.

[00:46:36]Absolutely that, but I am sure that if this FBR, God forbid, does not adopt the culture of Punjab or Sindh Police. This would be better than the police because at this time what happens is that you get a notice from the field office itself.

[00:46:51]Then you go there and submit your documents and they decide how much tax you have to pay. If you are satisfied with that then you go to the tax tribunal. So if initially the way of labor comes here and the first faceless contact is yours, then perhaps things may get better with this. Please tell me about the question that your sir asked regarding oil.

[00:47:19]Oil is there, oil is there, even if a settlement is reached in the morning, then oil prices will not come down in the international market for at least the next six months.

[00:47:27]Well, the reason for this is that this is such a fragile geopolitical situation. An MoU has just been signed in which the Anas will be opened within 30 days and all the companies will go back to their pre-war positions. Then after 60 days your agreement will be signed. It took 90 days. Now if I am a shipping company, how do I decide to send my ship towards the Gulf? Before the war, the insurance of a ship used to cost $1, now the insurance period of that ship has ended.

[00:48:04]Thank you very much, thank you sir for your time, Irshad sir, thank you only for this much from today's program.

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