Pakistan How much tax will be deducted now on withdrawing more than 50,000 from the bank?
Ali1234Researcher
Pakistan How much tax will be deducted now on withdrawing more than 50,000 from the bank?
Share
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
In Pakistan, when you withdraw more than PKRโฏ50,000 in cash in a single day, the following taxes apply depending on your tax-filer status: For NonโFilers (not on the Active Taxpayers List, ATL) Withholding tax (WHT): 0.8% of the total withdrawal amount per day. This rate was increased from 0.6% undeRead more
In Pakistan, when you withdraw more than PKRโฏ50,000 in cash in a single day, the following taxes apply depending on your tax-filer status:
For NonโFilers (not on the Active Taxpayers List, ATL)
For Filers (ATL members)
Examples
โ Additional Insights
That โ0.6% deduction aligns with the previous rate before July 2025.
Summary Table
** Bottom line:**
Would you like help registering as an active taxpayer or exploring alternative withdrawal methods to reduce taxes?
See lessThe Federal Board of Revenue (FBR) has issued rules for amendments to income tax for the new fiscal year.
The Federal Board of Revenue (FBR) has issued rules for amendments to income tax for the new fiscal year.
See lessThe Federal Board of Revenue (FBR) has issued rules for amendments to income tax for the new fiscal year. ุง
The Federal Board of Revenue (FBR) has issued rules for amendments to income tax for the new fiscal year.