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Traders warn of strikes against WHT on baking transactions

byCustoms Today Report
29/08/2015
in Business
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LAHORE: In order to repel the imposition of withholding tax on banking transactions, the trade unions have announced to launch a protest movement, threatening the government that a shutter down strike and complete shutdown of their bank transactions might take place if the demands of traders were not accepted.

In two separate press conferences held by as many groups of the All Pakistan Anjuman Tajiran here, it was announced that the Supreme Council of Trade Organisations has given an approval for the proposed protest movement that they intend to launch on September 2.

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They said as part of the next round of protest, traders would stop all transactions with banks on September 4 and then a country-wide strike would be launched on September 9.

The press conferences were addressed by Khalid Pervez and Khawaja Shafiq who said they were united in launching the protest movement.

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