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Business

Web Desk
Jul 03, 2025

Cash withdrawals tax takes effect; banks hike charges

Following these changes, tensions between bank customers and staff have increased, prompting banks to approach 1LINK for a possible revision of the newly implemented charges.

Business

Web Desk
May 16, 2024

FBR pushes for higher WHT on non-filers’ cash withdrawals

FBR has put forth a proposal to increase the withholding tax on cash withdrawals from banks by non-filers from 0.6 per cent to 0.9 per cent.

Cash withdrawals tax takes effect; banks hike charges

FBR pushes for higher WHT on non-filers’ cash withdrawals

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