LAHORE (92 News) – Traders are observing a countrywide shutter down strike on Wednesday against the imposition of withholding tax on bank transactions and warned to shut the country if the tax was not withdrawn.
Earlier, All Pakistan Anjuman-e-Tajiran president Khalid Pervaiz said that the traders from all over the country will participate in the strike.
He said that Rs 50 billion was withdrawn from the banks after imposition of withholding tax.
The traders have asked the government to review their decision of imporsing withholding tax on banking transactions or there will be complete shutdown in the country including vehicles.
92 News (also known as 92 News HD Plus (Channel 92) is a conservative Urdu language TV channel based in Lahore, Pakistan.
Mian Muhammad Hanif is the chairman of the channel.
This TV channel is a subsidiary of Madinah Group under Galaxy Media Group.
The channel's name, 92, is to celebrate the 1992 Cricket World Cup won by Pakistan. The number 92 is also the telephone country calling code of Pakistan, which is another major reason behind the channel's name.
92 News HD is Pakistan’s first HD Plus News Channel. Aims to bring credible & responsible News & important stories from Pakistan & around the World
We bring you Latest Pakistani and International News at 92News Hd Plus to Read and Watch
We believe in genuine and true journalism, we do not prevail sensation just for ratings.
We do not hide news but never tend to add any unethical content or angling that goes against the norms of our religion Islam and Pakistan's culture.