Business
Govt Sets Rs75,000 Limit on Cash Withdrawals by Non-Filers
ISLAMABAD: The federal government has increased the cash withdrawal limit from Rs50,000 to Rs75,000 for applying the withholding tax on cash withdrawals by non-filers, aiming to expand tax coverage while correcting a budget misstatement. In a key update to the…
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Tax Increased on Non-filler Over Cash Withdrawal
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The federal government has raised the advance tax rate on cash withdrawals for non-filers. Previously set at 0.6 per cent under Section 231AB for cash…
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