Punjab's traders to protest against tax on bank transactions

Dunya News

Traders have threatened to pull out their savings out of the banks if decision is not taken back

LAHORE (Dunya News) – Traders all over Pakistan have announced to protest against withholding tax on Monday. Traders have announced to withdraw all their savings from banks if the decision is not taken back. They have announced to observe shutter down in several cities including Lahore, reported Dunya News.

Trader community is in uproar against the implementation of withholding tax. In a public gathering by the traders in Karachi, they delayed a strike which had been previously announced on Monday.

Traders have threatened to pull out their savings out of the banks if the decision is not taken back.

Traders in Lahore have announced strike on Tuesday to protest the decision. They have said that such a decision will harm masses as well as banking sector.

In Faislabad, traders have announced shutter down as well as many traders organizations have announced to take out rallies.

In Sargodha, traders have agreed to observe shutter down on July 8 as well.

In Multan, traders protested in front of regional tax office. Participants of the protest have said that implementing the tax is paramount to injustice and will not be accepted at all costs.