Tax Increased on Non-filler Over Cash Withdrawal

By Sufyan Sohail ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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…

FBR to Double Tax on Non-Filers’ Cash Withdrawals from July 2025

By Huma Ishfaq ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Federal Board of Revenue (FBR) has recommended a significant increase in withholding tax on cash withdrawals by non-filers, from the current 0.6% to…

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