KARACHI: The federal government’s decision to charge 0.6 per cent withholding tax on each bank transaction of Rs100,000 on Tuesday triggered protests by traders in different towns and cities of the country. Incensed traders staged noisy demonstrations to protest against implementation of the tax with many markets closed as part of the agitation.

Although levied on non-filers, the protesting traders argued that even the tax filers would not be spared. They have warned of extending the protest if the decision is not withdrawn. Read more