Here are tweets from a former president of KCCI.
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یہ ظلم کی انتها هے
اس سے بڑی کوئ دهشتگردی نهیں هوسکتی
where is asad umar? this is one issue where pti can get support from business community. karachi businessmen are used to facing challenges. if businessmen in karachi are depressed then you can imagine what businessmen in punjab are going through.
Firstly, this tax is not something that came this year, its from last year when it was 0.3 now its 0.6%
Secondly, this is imposed to encourage non-filers to be become filers. Once they are filer, it will be 0.3%
Thirdly, If you are filer (or become filer), you can get it back if you file the tax return by end of year.
you are wrong on all 3. now the tax is on all transactions - previously it was on withdrawal only.
it is withholding tax but applied on all transactions. so even a widow, peon, employee has to pay this tax even if they are not liable to pay any tax.
your 3rd point is correct but yu have to wait 10-12 months to get your money back because taxes are filed once per year.
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