Dealers request decrease in assessment on bank exchanges

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ISLAMABAD (APP) – Islamabad Chamber of Small Traders Sunday said withholding charge on bank exchange ought to be annulled or decreased in the up and coming spending plan for the financial year 2017-18.

“Experts ought to consider abrogating the WHT on bank exchanges or decrease it as far as possible,” Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt in an announcement issued here.

He said that assurance of Finance Minister Ishaq Dar on the issue of WHT was commendable however a few reservations of wholesalers and retailers must be considered, including that banks were additionally confronting serious liquidity issues after burden of WHT which require a few stages.

He was of the view that legislature ought to incline toward forcing direct charges and enhance fare and venture circumstance.

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