The federal government has increased the cash withdrawal limit for non-filers from Rs50,000 to Rs75,000 per day, under the revised budget proposals for FY2025-26. However, in a move to generate more revenue, the advance tax on withdrawals above this limit will rise to 0.8%, up from the current 0.6%. This adjustment, approved by the National […]
non-filers
Strict tax measures: Non-filers banned from buying property and cars
The government has introduced strict financial restrictions on non-filers in the 2025-26 budget. Finance Minister Muhammad Aurangzeb presented these measures in the National Assembly, aiming to increase tax compliance and discourage tax evasion. The new rules will limit financial activities for individuals who do not file tax returns. Under the new policy, non-filers cannot buy […]
Govt plans tough actions against non-filers in budget 2025–26
The federal government is set to present the budget for 2025–26 today. This time, strict actions are expected against tax non-filers. Sources say a foreign travel ban for non-filers is under consideration. At the same time, the withholding tax on cash withdrawals above Rs 50,000 may double from 0.6% to 1.2%. Moreover, while mobile SIMs […]
FBR decided to issue notices to at least 100,000 non-filers
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said on Sunday that the board has decided tp send notices to around 100,000 non-filers who own a house bigger than 500 yards or an above 1000cc car, according to a report by Radio Pakistan. The FBR chairman was speaking to media in Islamabad, where he […]
Filers, non-filers
Sir: Over 18 percent of senior citizens have invested their savings in national savings schemes, where the return they file is under the tax-exemption. Therefore, they do not pay tax and are non-filers. The salaried class has its tax deducted at source and is proxy filer through their employers. The prime minister and finance minister […]