The federal government has increased the tax rate on withdrawals of more than 50 thousand on non-filers. Finance Minister Senator Ishaq Dar presented the budget for the financial year 2023-24 in the National Assembly. Finance Minister Ishaq Dar said that non-filers will be charged 0.6% withholding tax on withdrawals of more than Rs 50,000.
Increase in tax rate on withdrawals of more than 50 thousand on non-filers
