Traders observe strike today against withholding tax

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Pakistan Traders Association is observing a strike today (Wednesday) in protest against the withholding tax.

The traders termed the imposition of 0.3 percent withholding tax on all bank transactions unjustified and called for a shutter-down on Wednesday.

Pakistan Tehreek-i-Insaf, Jamaat e Islami and Muttahida Qaumi Movement have also announced to support the strike.

They were of the view that the levy was undue and that it will burden the trade fraternity.