Digital transactions to ensure transparent economy: PM

[ad_1] Listen to article ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday stressed implementing the digital transaction system across the country, saying it was vital to bring transparency to the economy. He was chairing a weekly meeting on cashless and digital economy at the Prime Minister’s House. On the occasion, the prime minister emphasized the need to facilitate … Read more

Govt starts taxing all bank transactions

[ad_1] Listen to article ISLAMABAD: The federal government has started collecting taxes on all types of bank transactions for both filers and non-filers from July 1. The government has increased the tax rate for non-filers on cash withdrawals from banks, while filers are also subject to withholding tax for withdrawals exceeding Rs50,000 per day. According to the … Read more